Even though zero-down-payment programs exist, the more a person can put down on a home, the more likely they are to get approved for a mortgage and/or be offered a lower interest rate. But as with many things, it comes down to location, location, location...
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The Bank of Mom and Dad Growing in Popularity for Down Payments
Saving for a standard 20% down payment can take years, but many homebuyers today are turning to family members to expedite the process.
Read More »BofA Launches Program to Help Clear Hurdles for Minority Homeowners
Bank of America announced its Community Affordable Loan Solution, as a new Special Purpose Credit Program that introduces zero down payment, zero closing cost mortgage solution for first-time ...
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