17 min

Inside Bank of America's New Zero Down Payment Program | Will This Close the Racial Wealth Gap‪?‬ Black Real Estate Dialogue

    • Investing

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In this episode I discuss Bank of America's new zero down payment program in detail and my personal opinion of the program. Bank of America recently announced a program that they will pilot in several cities in primarily Black and Hispanic neighborhoods. 
In addition to no down payment, there are no closing costs and buyers are eligible for grants of $10,000-$15,000 that will go towards the cost of the home. Another program they launched will help historically disadvantaged borrowers with grants of as much as $25,000 towards commercial real estate purchases. Currently only 3% of black households own commercial real estate.

Learn how to invest out of state- https://www.outofstatemoney.com/ 
Access all of our resources on our website- https://www.blackrealestatedialogue.com/links
Join the B.R.E.D. Investing Community- https://bit.ly/bredcomm
Download my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1

Text BRED to 74121 to join our VIP Text List to get a free training and the latest updates!


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Don't forget to subscribe, leave a rating and a 5-star review. I will be shouting out all 5-star reviews on the show!
In this episode I discuss Bank of America's new zero down payment program in detail and my personal opinion of the program. Bank of America recently announced a program that they will pilot in several cities in primarily Black and Hispanic neighborhoods. 
In addition to no down payment, there are no closing costs and buyers are eligible for grants of $10,000-$15,000 that will go towards the cost of the home. Another program they launched will help historically disadvantaged borrowers with grants of as much as $25,000 towards commercial real estate purchases. Currently only 3% of black households own commercial real estate.

Learn how to invest out of state- https://www.outofstatemoney.com/ 
Access all of our resources on our website- https://www.blackrealestatedialogue.com/links
Join the B.R.E.D. Investing Community- https://bit.ly/bredcomm
Download my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1

Text BRED to 74121 to join our VIP Text List to get a free training and the latest updates!


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

17 min