Types of Loans Bank of America

Hi I am interested in having the information about the various home loans which are offered to the individuals by Bank of America?

[Rajkumar Agarwal]

Finding the correct home loan is as vital to your money related life as finding the comfortable to your own life.

Bank of America's Home Loan Navigator™ gives you a chance to see the present status and points of interest of your application, effortlessly sign and safely submit advance archives and the sky is the limit from there. You're loaning authority will likewise be there to help you consistently

Settled rate contracts

Set financing cost for the life of the credit

Your regularly scheduled installments of chief and intrigue continue as before for the life of the credit

Customizable rate contracts (ARMs)

Financing cost may change occasionally amid the credit term

Your regularly scheduled installment may increment or lessening in view of loan cost changes

Large Loans

For borrowers requiring higher advance sums

Accessible as settled rate or customizable rate credits

Moderate Loan Solution™ contract

Up front installment as low as 3%Footnote 2

No home loan protection required

FHA and VA advances

Government advances from the Federal Housing AdministrationFootnote 3 and the U.S. Bureau of Veterans AffairsFootnote 4

Down and out installment alternatives with adaptable credit and salary rules