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For that reason, Lambert said he isn’t expecting a boom of 0% down mortgages. That may bring a sense of relief to those who hear “zero down” and immediately think of the 2008 financial crisis.
There are other options for zero-down mortgages. For instance, Bank of America launched a zero-down payment mortgage program in 2022 for first-time homebuyers in certain Black and Hispanic ...
Many Americans would love to buy a home, but they don’t have tens of thousands of dollars to cover a down payment. That massive roadblock is being removed by a new zero-percent down mortgage ...