Homeownership

Homeownership is a big decision, investment and responsibility. Get homebuying tips to make smart decisions before and after you buy.

Homeownership is a big decision, investment and responsibility. Get homebuying tips to make smart decisions before and after you buy.

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Looking to lower your energy bills and increase the value of your home? Investing in insulation will accomplish both.

What to do if your home appraisal isn’t what you expected

Did your appraisal come back different than expected? Understand the reasons and your options with this step-by-step guide.

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What are closing costs?

Closing costs can include everything from attorney fees to taxes. Learn what to expect before you sign.

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What to know before buying a home with family

Preparing to buy a home for multigenerational living? Here are the decisions you and your family will need to make.

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Buying a home within your comfort zone

What will your mortgage payment be? Learn how to calculate the cost and budget for a home that will fit your finances.

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The true cost of renting a place

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Home renovation costs: 5 improvements to boost your home’s value

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What are mortgage points?

Find out how mortgage points can lower your monthly payments over time, and how to know if they are worth it for you.

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What to know about the home appraisal process

Before you finish buying, selling or refinancing a home, learn the ins and outs of home appraisals.

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What happens at closing?

Closing is the last step in your home purchase. Get an understanding of what to expect at closing before you go.

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Renting vs. owning

Whether you own or rent, each has its benefits and challenges. These insights can help you understand the pros and cons.

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How debt-to-income ratio (DTI) affects mortgages

Learn what your debt-to-income ratio (DTI) is, how to calculate it and how it impacts mortgage, refinancing and lines of credit so you can qualify for the home of your dreams.

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Fixed vs. adjustable rate mortgages

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Moving must-dos

When it comes to moving, having a proper plan and knowledge can be a big help. Use this checklist to ease the burden of moving.

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How VA home loans work

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Top 5 reasons to refinance and the pros and cons of each

Low interest rates could be an opportunity to save money on your mortgage. Here’s how to know if refinancing may be worth it.

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What is private mortgage insurance (PMI)?

Paying for a new home can be complicated. These five private mortgage insurance FAQs can help you plan ahead.

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How to calculate your home equity

Understanding home equity will help you know your financial options. See how it’s calculated and how to increase it.

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How does a home equity line of credit work—and how can it help?

Borrowing against home equity is a big decision for homeowners. Learn about five benefits and potential risks.

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Homebuyer’s dictionary: Must-know terms for every stage of buying a home

Whether planning or closing, here’s a list of some key words you need to know when buying a home.

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How credit scores affect your mortgage rate

Your credit health can impact the mortgage interest rate you pay. Learn how good credit health can save you money over the life of your loan.

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This way to a home of your own

Buying a home can be overwhelming. Follow these five steps to learn how to go from house hunting to homeowning.

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Am I ready to buy a home?

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Bank of America and its affiliates do not provide legal, tax or, accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.