Bank Of America Mortgage

Hii sir, I wants to know about the types of Mortage offered by the Bank of America will you please provide me the details of the Mortage offered by the Bank of America?

[Shaleen]

Bank of America is an American multinational banking and financial services corporation headquartered in Charlotte, North Carolina. It is the second largest bank holding company in the United States by assets.

The details of the Mortage offered by the Bank of America are given below :

Types of Mortage :

Fixed-rate mortgages
Adjustable-rate mortgages (ARMs)
Jumbo loans
FHA & VA loans
Government loans l

Mortage Rates :

30-year Glossary Term: fixed layer 5/1 Glossary Term: ARM layer (variable)
Glossary Term: Rate layer 3.625% 2.875% for mortgage 5/1 ARM†
Glossary Term: APR layer 3.788% 3.387%
Glossary Term: Points layer 0.613 0.006


Document Required for the Mortage :

W-2s (for the last 2 years)
Recent pay stubs (two most recent consecutive)
Bank statements for all financial accounts, including investments (for the last 2 months, all pages)
Signed personal and business tax returns (all pages and relevant schedules)
If self-employed, a copy of most recent quarterly or year-to-date profit/loss statement
A copy of the signed Purchase and Sales Agreement


for more details you may contact to the Bank of America the contact details are given below :

Bank of America
Customer service: 00 1 315-724-4022