What is an Affordable Loan Solution® mortgage?
Our Affordable Loan Solution® mortgage could be a good option if you're a qualified homebuyer unable to make a larger down payment. This fixed-rate loan for modest-income borrowers offers a competitive rate with a down payment as low as 3% to help make buying a home more affordable.
For a limited time, when you get an Affordable Loan Solution® mortgage from Bank of America, you’ll receive a $200 bonus if you apply by November 30, 2018. Learn more
In addition to low down payment mortgage options, there may be down payment and cost savings programs available in your area. Visit the Bank of America Down Payment Center to learn more.