BOA Introduces No Down Payment, Closing Cost Mortgage Solution For First-Timers

BOA Introduces No Down Payment, Closing Cost Mortgage Solution For First-Timers

ByTMN Editor Reading Time: 2 minutes

Bank of America is introducing a zero down payment, zero closing cost mortgage solution for first-time buyers geared towards underserved communities. The Community Affordable Loan Solution will roll out in designated markets, including certain Black and Hispanic/Latino neighborhoods in Charlotte, Dallas, Detroit, LA, and Miami. It is a Special Purpose Credit Program that operates off…

Millennials, Racial Bias, Automated Valuations Hot Topics During Webinar
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Millennials, Racial Bias, Automated Valuations Hot Topics During Webinar

ByTMN Editor Reading Time: 4 minutes

By KIMBERLEY HAAS Millennials keeping the market hot, racial bias affecting home appraisals, and automated valuation technology were discussed on Tuesday during a webinar designed to address what mortgage professionals should expect in 2022 and beyond. Jeremy Sicklick, CEO and Co-Founder of HouseCanary, Inc., predicted millennials would generate demand in the housing market over the…

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