Bank of America offers loans through the Rural Housing Service (RHS) program to provide lot-to-moderate-income rural residents with better access to affordable housing finance options.
Important features of the Guaranteed Home Loan program include:
1. Little to no down payment
2. Sales price and closing costs can be financed, up to appraised value
3. No mortgage insurance required
4. No limited to first-time homebuyers
5. Fixed-rate loan
If you’re considering a home in a qualified rural community, Bank of America may have a home loan that’s right for you.
Keller Williams Realty