Our Community Homeownership Commitment1 can help you with up to $17,500 when combining down payment and closing costs grants in select markets. These grants are not a loan, so they do not need to be repaid.
Get up to $10,000 toward your down payment or 3% of the purchase price, whichever is less. Program availability and income restrictions apply.2
You could be eligible for up to $7,500 in eligible closing costs in select markets.3
Down payment as low as 3% on an eligible mortgage to help with upfront costs of buying a home. Income limits apply.4
Bank of America is committed to helping you thrive through the power of homeownership. The Bank of America Community Homeownership Commitment® program provides solutions for first-time homebuyers, including affordable mortgages, grant programs, resources and expertise.
Discover homes eligible for our homebuyer grants.
Input your budget, income and expense information and our calculator will estimate what home price you can afford.
Get access to educational videos, resources and insights to help you every step of the way to becoming a homeowner.
This step-by-step guide can help you understand the home buying process and what to keep in mind along the way.
