Neighborhood Champions Loans are designed for teachers, police officers, firefighters, doctors and medical professionals. Bank of America caters to these champs by requiring little or no down-payments, providing flexible credit guidelines, and offering an accidental death or dismemberment insurance policies. Who says today's true heroes are underappreciated?
bank of america is with people who don't have money to down payment,and gives with very very flexible to option. it is very diffrent and helping in obtaining homes for everyone.he helps community and with humanity also.low interest rate and fast loans are thre so i recommand all for others too.
I think Bank Of America is doing something great for those who give back to communities in one way shape or form. While they are not reinventing the wheel here as most states and communities offer similar products that help with down payment assistance and qualifying. I do believe they are doing a fine job at Letting people know the program exists in a time when loans are hard to get for even the most qualified individual.
Bank of America has done well by launching Neighborhood Champions Protected Mortgage program for professionals like police officers, teachers, medical workers and firefighters. This program not only provides the opportunity to have a own home but the security and peace of mind if anything bad happens. The main features of this program is the availability of 100 percent financing, competitive loan rates, little or no down payment options and flexibility on credit scores and credit histories.
Bank of America is very valient for offering this program. My husband and I are school teachers and we did not have the money for a down payment on our new home - which we love!! Bank of America was very flexible to our options and provided a great plan!
| Type | Today | Week Ago |
|---|---|---|
| 15 Year Fixed | 4.62%  |
4.67% |
| 30 Year Fixed | 5.15% | 5.15% |
| 1 Year ARM | 3.48% |
3.51% |
| 5/1 Year ARM | 3.62% |
3.68% |
| Type | Today | Week Ago |
|---|---|---|
| Line of Credit | 4.89%  |
4.88% |
| 10 Year Loan | 7.47% | 7.47% |
| 15 Year Loan | 7.61% |
7.60% |
| Type | Today | Week Ago |
|---|---|---|
| Interest Checking | 0.28% | 0.28% |
| Money Market/Savings | 0.38% | 0.38% |
| 12 Month CD | 1.13%  |
1.15% |
| 60 Month IRA CD | 2.40% |
2.41% |
| Type | Today | Week Ago |
|---|---|---|
| Cash Back Cards | 12.66% |
12.68% |
| No Annual Fee Cards | 12.08% |
11.97% |
| Reward Cards | 12.75% |
12.61% |
| Small Business Cards | 11.01% |
10.94% |
| Student Cards | 13.77% |
13.49% |
| Platinum Cards | 12.26% |
12.11% |
