Homeownership Is The Key To Wealth Creation
Steven Hunter and his father own SLH Managed Companies, LLC. Hunter wants more people on the South and West Sides to become homeowners. Photo by Matt McGill.
What attracted Hunter to Bank of America was its Community Commitment program, which was an intentional investment from the financial institution to communities on the South side like Englewood. The program required no money down, a modest credit score and provided people who walked individuals through the homebuying process.
“For somebody like me, a first time homebuyer, recently out of college, didn’t have a lot of savings or financial means, to have somebody like Bank of America at the time, who was willing to invest, not just in me, but the broader community, and help create homeowners, that was important,” he said. “If it weren’t for Bank of America, I don’t know that I would be a homeowner, I might not be a property owner and I wouldn’t be a business owner.”
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