BofA (Bank of America) launched a program to facilitate access to a loan in the acquisition of the first property in the United States with exemption of entry and cost of closing the mortgage.
The target audience is homebuyers in black and Latino neighborhoods in cities like Dallas (Texas), Los Angeles (California) and Miami (Florida).
According to the bank, the program follows credit guidelines based on criteria such as up-to-date car insurance and telephone and rent payments.
Potential buyers must pass a certification course offered by Bank of America and its housing counseling partners.
Joana Cunha with Paulo Ricardo Martins and Diego Felix
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I have over 8 years of experience in the news industry. I have worked for various news websites and have also written for a few news agencies. I mostly cover healthcare news, but I am also interested in other topics such as politics, business, and entertainment. In my free time, I enjoy writing fiction and spending time with my family and friends.
