BofA Report: Family Support Plays Key Role In First-Gen Homeownership

National Mortgage Professional, Oct. 21, 2021–Navi Persaud
According to the report, family support doesn’t always mean financial support. In fact, BofA states that families of first-generation homeowners often instill the importance of owning a home and provide the proper motivation that first-generation homebuyers need to make the leap into homeownership.