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122: My Thoughts on Bank of America’s No Money Down Mortgage Loan
On My Way to Wealth
English - September 07, 2022 07:00 - 18 minutes - 41.3 MB - ★★★★★ - 18 ratingsInvesting Business financialadvice retirement buildingcredit financialplanning generationx genx gettingoutofdebt investinginvestments money saving Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 121: Student Loan Forgiveness; What You Should Know
Next Episode: 123: Growing up Latina with Valerie A. Rivera, CFP®
Bank of America recently announced a new no money down mortgage program for first-time home buyers, called the Community Affordable Loan Solution™. Tune in to learn about this new program, and to hear my thoughts on no money down mortgage loans.
Notes:
In this episode, Luis speaks about the following and more:
Bank of America’s Community Affordable Loan Solution™ What private mortgage insurance is and how it can increase your mortgage payment What debt-to-income-ratio is and how it’s used to determine if you qualify for the loan How you can qualify for a home you cannot affordSources:
Resources:
Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! Luis’ LinkedIn Luis’ Twitter Luis’ IG On My Way To Wealth YouTube channel