Down Payment Options
There are many kinds of loans to choose from that feature down payments. Bank of America has:
Conventional loans with 5% down payments
Low down-payment options available from government agencies like the Veterans Administration (VA) and Rural Housing Service (RHS)
Obviously, if you can put more money toward a down payment, it will reduce the amount of your monthly home loan payments. At Bank of America, from 5% down to 20% or more down, we have the loan program to fit your needs.
Still wondering how much you should put down? Or maybe you're wondering what's your best strategy for a down payment? Ask us. Call our toll-free number at the top of the screen or contact your local office. No matter how you choose to communicate with us, an answer is just seconds away.
Note: Restrictions apply to various loan programs. See a Bank of America Loan Expert for complete details.
Bank of America has a wide selection of loans built to suit specific needs of our customers. Our home loan experts are ready to help you find the loan that’s right for you! Contact us now to get a FREE, no obligation loan consultation: