Bank of America has recently instituted on their website one of the best first-time buyer tools I’ve ever seen. Their new interactive Home Loan Guide takes perspective buyers on a tour through the entire loan process from start to finish in  an entertaining and informative way. It also allows the online user to fidget with qualifying numbers in order to find their personal, approvable, sweet-spot.

What makes this tool truly wonderful is that it doesn’t require you to register or sign-up for anything. You don’t have to be a Bank of America customer; and best of all, you won’t receive any annoying sales calls if you view the presentation. Isn’t the internet a beautiful place?

I plan to implement this tool into my new buyer checklist as required viewing immediately.

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