Bank of America Tests No-Down-Payment Mortgages for Black and Hispanic Communities

Bank of America Tests No-Down-Payment Mortgages for Black and Hispanic Communities (Bloomberg) -- Bank of America Corp. started a trial program aimed at helping first-time homebuyers in Black and Hispanic neighborhoods by offering mortgages that don’t require down payments, closing costs or minimum credit scores, all considered longtime obstacles to narrowing the gap between White and minority ownership. read more here : https://finance.yahoo.com/news/bank-america-tests-no-down-125800504.html