The cities with neighborhoods where the offer begins are Charlotte, Dallas, Detroit, Los Angeles and Miami.
A bank spokesperson noted that applicants do not have to be Black or Hispanic to qualify.
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
Estimated reading time: 0 minutes, 21 seconds
BoA Launches Zero-Down-Payment Mortgages to Help Minorities
Bank of America has rolled out mortgages with zero down payment and zero closing costs in certain cities, part of a bid to increase homeownership in Black and Hispanic/Latino neighborhoods. So reports NBC.
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