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What is your mindset towards your mortgage? Is it time to take advantage of the zero-down payment mortgages offered to minorities buying their first homes? With the most recent program being offered by Bank Of America offering zero down payment, zero closing cost mortgage products, there are a lot of questions to be answered! In this episode we are going to unpack the most recent attempt to help narrow the homeownership gap among Black and Hispanic- Latino people and the majority culture.
We’re going to give you all of the sauce to help you make the best decision. We’re going to unpack :
THE TRUTH ABOUT MORTGAGES & INVESTING : If you should use the proposed programs to help you leverage opportunity in the game of real estate.
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HOW TO TEST YOUR MORTGAGE IQ: Why some people DO NOT need to get into the commitment of owning a home at this point in their wealth building journey.
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WHY THESE NEW PROGRAMS EXIST : The historical, cultural, and financial impact the new Community Affordable Loan Solution will have on our communities.
And more!
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