Zero down payment for home loan : Bank of america

Bank of America offering home loan for the  first-time home buyers

Bank of America offering home loan for the  first-time home buyers

in a select group of cities with  zero down payment

in a select group of cities with  zero down payment

zero closing cost mortgages to help grow

zero closing cost mortgages to help grow

homeownership among Black and Hispanic/Latino communities.

homeownership among Black and Hispanic/Latino communities.

This  option will first become available in places 

This  option will first become available in places 

like in Charlotte, Dallas, Detroit, Los Angeles and Miami.

like in Charlotte, Dallas, Detroit, Los Angeles and Miami.

The bank said: aims to help eligible individuals and families obtain an affordable loan to purchase a home

The bank said: aims to help eligible individuals and families obtain an affordable loan to purchase a home

This new loan is called "Community Affordable Loan Solution"

This new loan is called "Community Affordable Loan Solution"

eligibility will be based on factors like timely rent payments and on-time utility bill, phone and auto insurance payments

eligibility will be based on factors like timely rent payments and on-time utility bill, phone and auto insurance payments