Wednesday, March 23, 2016

BofA's low-down payment promising but what about the FHA?

Ever since Bank of America announced its new 3% down payment mortgage program, the Affordable Loan Solution, it’s being looked at as an effort for borrowers to skirt around the Federal Housing Administration. Urban Institute research associate Karan Kaul says that though such efforts are an alternative to FHA lending, they are not a substitute.

from Byrd Mix http://ift.tt/1VASBEB via byrd memphis developer


from Tumblr http://ift.tt/22vHSRe

No comments:

Post a Comment