How to buy a house with cash
Bank of America and Wells Fargo have teamed up to help homeowners get the cash they need for their homes and move in.
The banks are offering homeowners cash to help pay down the principal on their mortgage, with the goal of allowing homeowners to save more for the down payment.
The offer is offered to anyone who needs help paying off their mortgages.
BofA is offering a cash advance to anyone whose mortgage is under $200,000 and Wells is offering an up to $3,000 cash advance.
The cash advances are limited to $500 for the first $250,000 of the borrower’s mortgage and $250 for the remaining amount of the loan.
For more information on the offers, call 1-800-739-2444 or visit www.boracompany.com.
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