Page 10 - Purpose Credit Program News Today

Redlining has been around for generations, and unfortunately, its effects still echo through Black household today.

This new program will help lower several long standing hurdles that minorities face on the road to homeownership.

New program requires no down payment, has zero closing costs and waives insurance

Bank of America’s Community Affordable Loan Solution™ aims to help eligible individuals and families obtain an affordable loan to purchase a home.    

/PRNewswire/ -- LEGACY Home Loans, the largest Black Led mortgage banking firm in the nation, headquartered in Las Vegas, Nevada announced today that it has...

Bank of America on Tuesday announced a program to help first-time homebuyers in select communities across the country obtain affordable home loans by nixing closing costs and down payments.The Community

/PRNewswire/ -- Bank of America today announced the launch of a Small Business Down Payment Grant Program to drive business growth and help create generational...

Bank of America today announced a new zero down-payment, zero closing-cost mortgage solution for first-time homebuyers that will be available in designated markets. The bank said the program will be available specifically in certain Black/African American and/or Hispanic-Latino neighborhoods in Charlotte, N.C.; Dallas; Detroit; Los Angeles; and Miami. 

08.06.2022 - Multi-Year Plan Outlines Actions to Promote Equitable and Sustainable Access to HousingMCLEAN, Va., June 08, 2022 (GLOBE NEWSWIRE) - Freddie Mac (OTCQB: FMCC) today announced the company’s first Equitable Housing Finance Plan designed to promote ... Seite 1

Under President Biden and Secretary Fudge, HUD and FHA have made expanding homeownership its priority; during National Homeownership Month, it will be hosting events to broadcast its intent and accomplishments thus far.