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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
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