When you’re ready, we’ll help you become a homeowner

Our Community Affordable Loan Solution™ mortgage can help you turn your vision into reality.

Available in: Charlotte, NC; Dallas, TX; Detroit, MI; Miami, FL; and Los Angeles, CA.

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Take advantage of these great benefits

  • Down payment provided.1 Bank of America will provide a down payment to help lower your loan amount, reducing your monthly payment.
  • Zero lender closing costs.2 Other costs will apply.
  • No mortgage insurance is required. No minimum credit score is required, however applicants must meet credit history guidelines. Non-traditional credit is allowed.

Homebuyers who have not owned a home in the past 3 years may qualify. Eligibility based on income and home location. Homebuyer certification course completion required prior to application.3

Additional resources for your homebuying journey

Buying a home with a low down payment
Home affordability calculator
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Buying a home with a low down payment

Find out how low down payment options can help you buy your home.

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Home affordability calculator

Input your budget, income and expense information and our calculator will estimate what home price you can afford.

Find your home

Discover homes that qualify for the Community Affordable Loan Solution™ and homebuyer grants.

Build your future

Whether you have questions or you’re ready to apply, take another step toward homeownership below.

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Questions? Call to speak with a lending specialist.

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To get started on buying your first home, book an appointment with one of our specialists.