Bank of America aims to boost homeownership, will give borrowers up to $10,000 to close a loan

Bank of America | April 02, 2019

Bank of America aims to boost homeownership, will give borrowers up to $10,000 to close a loan
Bank of America is committing $5 billion to help boost homeownership for “low- to moderate-income and multicultural homebuyers and communities” across the country, the bank announced Tuesday. According to the bank, it plans to commit an additional $5 billion over the next five years to its Bank of America Neighborhood Solutions program, which “will help more than 20,000 individuals and families thrive through the power of homeownership.”

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Spotlight

Hear how this unique partnership helps give us an edge in advising our clients and forecasting what’s to come in the commercial real estate industry.