Skip to main content

Neighborhood Lending

Neighborhood Lending: A commitment to serve

We connect clients, real estate professionals, builders and homeownership education counselors with responsible lending products and services. Our goal is to deliver sustainable homeownership to low- and moderate-income and multicultural communities.

We offer a variety of home loans:

Fixed-rate mortgages

  • Set interest rate for the life of the loan

  • Your monthly payments of principal and interest remain the same for the life of the loan

Affordable Loan Solution® mortgage

  • Down payment as low as 3%

  • No mortgage insurance required

  • Maximum income and loan limit amounts apply; varies by location

Adjustable-rate mortgages (ARMs)

  • Interest rate may change periodically during the loan term

  • Your monthly payment may increase or decrease based on interest rate changes

FHA & VA loans

  • Government loans from the Federal Housing Administration and the U.S. Department of Veterans Affairs

  • Low down payment options with flexible credit and income guidelines

Jumbo loans

  • For borrowers needing higher loan amounts

  • Available as fixed-rate or adjustable-rate loans

Resources to help build your business

You and your clients get dependable personalized service from our lending specialists who understand your specific needs and will be there to help every step of the way, from application to closing.

Bank of America Real Estate Center®
Image of Bank of America Real Estate Center®

The Bank of America Real Estate Center® provides buyers with easy access to listings from a computer or mobile device. Buyers can keep up with their home search even when they’re on the go, and can also take advantage of tools and resources to learn more about budgeting, saving and buying a home.

Down Payment Center
Image of Down Payment Center

Use the Down Payment Center to search for and review down payment and cost-saving programs offered by state and local housing agencies, nonprofit groups and employers. Your clients will also be able to connect with a lending specialist for more information about specific programs.

The Home Loan Navigator®
Image of The Home Loan Navigator®

Bank of America’s Home Loan Navigator® lets your clients view the current status and details of their application, easily sign and securely submit important loan documents and more.

Specialized Training
Image of Specialized Training

We can connect you to the Bank of America business development support team and Neighborhood Lending specialists to help grow your business and serve low- and moderate-income and multicultural clients.

Expanding knowledge to make financial lives better

Monthly Insights®

Get up-to-date information on trends, products, services and more to support you and your clients.

Better Money Habits®

Practical knowledge and easy-to-understand videos to help manage personal finances, including buying a new home.

Homebuyer Insights Report

Explore the preferences and behaviors of homebuyers (based on a national survey of more than 1,000 adults).

Homebuyer Education

Articles, videos, mortgage payment and closing cost calculators, frequently asked questions and much more.

Homebuyer Education Curriculum

Tools and resources to help achieve financial literacy, establish or rehabilitate credit and more.

Connect to Own®

If your nonprofit organization is interested in becoming one of our approved homebuyer education providers, please review our Connect to Own® program flyer (PDF) and our Homebuyer Education Provider Assessment Form (PDF). If you'd like to learn more about the Connect to Own program, please email us.

Homebuyer Education Curriculum

Tools and resources to help achieve financial literacy, establish or rehabilitate credit and more.

Connect to Own®

If your nonprofit organization is interested in becoming one of our approved homebuyer education providers, please review our Connect to Own® program flyer (PDF) and our Homebuyer Education Provider Assessment Form (PDF). If you'd like to learn more about the Connect to Own program, please email us.

Your clients can manage their accounts and make payments using our top-rated Mobile Banking app and Online Banking