Bank of America
B of A Headquarters:
B of A Mortgages
- Home Equity Loans
- Home Equity Lines of Credit
- Refinance Mortgages
- Multiple Option ARM
- Balloon Mortgage Loans
- Home Purchase Mortgages
- Reverse Mortgages
- 2nd Mortgages
- Debt Consolidation Programs
- Cash Out Loans
- Interest Only Programs
Bank of America Mortgage (Bank of America)
Bank of America is one the world's largest and finest financial firms. Bank of America works to help people reach their mortgage and banking needs while making communities stronger. They reach for higher standards in all they do, be it for their customers, associates, communities and shareholders.
As is common with mortgage lenders that also operate as a fully-functioning bank, Bank of America does offer incentives for account holders that take advantage of the mortgage products they have available. The incentives include rate improvements for consumers who opt to arrange for automatic payment from a Bank of America checking account. Since Bank of America is known to trade on its reputation/name as one of the nation's largest banks, they do not offer extensive mortgage information on their website. One will encounter options to compare different types of mortgages and an explanation of how loans work. It appears that each state has different loan programs so it is difficult to pinpoint all they may have to offer unless each state is checked for programs.
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Loans Funded by Bank of America
Bank of America's mortgage loan program offerings include most A-Paper Fixed Rate and Adjustable Rate Mortgage (ARM) products. Bank of America's best programs are those that can be automatically underwritten using Freddie Mac's Loan Prospector and Fannie Mae's Desktop Underwriter. Bank of America was one of the first leading lenders to offer Fannie's Gold 100% LTV combo product designed for premier credit borrowers. Their loan programs are geared to applicants with excellent credit (FICO) ratings.
- Home Equity Loans
- Home Equity Lines of Credit
- Refinance Mortgages
- Multiple Option ARM
- Balloon Mortgage Loans
- Home Purchase Mortgages
- Reverse Mortgages
- 2nd Mortgages
- Debt Consolidation Programs
- Cash Out Loans
- Interest Only Programs
Request a free Online Mortgage Quote >>
Recent Bank of America News
- Bank of America Corporate Stock (NYSE: BAC) as listed on the New York Stock Exchange.
- Per the April 14, 2006 Mortgage Daily.com – the integration of MBNA into Bank of America will cost hundreds of employees their mortgage jobs this summer.
- Date January, 2006 – Bank of America and MNBA merged and it became the largest issuer of credit cards in America. The former MBNA entity will be called Bank of America Card Services. It will also incorporate Bank of America's existing credit card operations.
- Here are impressive statistics on Bank of America's operations As of December 31, 2005,
- Associates/Employees – 176,638 FTE
- US Consumer & Commercial Banking - 29 states and District of Columbia
- US Banking Centers – 5,873
- Active Online Users – 14.7 million
- ATM's – 16,875
- International Offices in 35 countries supporting clients across 150 countries
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California Mortgage Loans is not directly affiliated with any mortgage broker or lender and cannot make any guarantee as to the lender affiliation of any broker or agent which contacts you. Company information on our site is for informational purposes only.
