B of A is Offering Up to $10K to Qualified Homebuyers

Bank of America announced a new program to help buyers purchase homes by offering up to $10,000 in closing costs to close a home loan. This assistance can be provided to qualified low to moderate income earners and multicultural homebuyers under B of A’s Neighborhood Solutions Program.

The goal of the program is to provide affordable and sustainable homeownership, and projects it will assist 20,000 people in making it a reality. For those not yet prepared to purchase homes the lender is offering free education on how to prepare for a home purchase, including financial advice like credit and savings.

There are many other programs out there for those seeking to pave the way to homeownership and get help figuring out how to make it a reality. Many lenders offer programs to help with lower or moderate income buyers, so you may want to search around in your area. If you need assistance feel free to contact me and I can connect you with a qualified mortgage broker who can search programs for you.

For more information about the Bank of America program, or to learn more about how you can get on the path to homeownership, click here or call Bank of America at 866-467-6492.