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Neighborhood Advantage Zero Down Loan from Bank of America

This Bank of America mortgage is designed for low-income homebuyers who have trouble qualifying for a conventional loan. Your annual income must be equal to or less than 80% of the area's median income or you must be buying a home in a low-income area to qualify. There are little or no up-front costs, and no down payment is required if you have a good credit history. Plus you can choose either fixed or adjustable-rate financing.

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