Financial Services
$500 closing cost credit.
Innovative, flexible and discounted home loan programs.
Accountable, dedicated, professional Preferred Moves service team.
Who We Are
Bank of America Home Loans is one of the top residential lenders in the country, and we offer home loans in all 50 states. You can be sure that we'll give you the information you need to get the financing that's right for you.
Services Offered
Thanks to a program offered by your company and Bank of America, you can now get significant savings when you're ready to buy a new home or refinance your current home. These benefits are also available to you if you're ready to purchase a second home or vacation getaway.
- Up-front approvals for qualified borrowers1
- Competitive rates and fees
- A wide array of loan programs
- The option to apply online
- Personal service from a dedicated team of mortgage professionals
Purchase Mortgage
There are home loans for every type of home buyer. The goal here is to match the benefits of a specific loan type with your goals for owning a home. Here's a list to start you thinking.
- Realize financial goals through homeownership
- Competitive rates and fees
- A wide array of loan programs
- Fixed Rate Home Loans
- Adjustable-Rate Mortgages (ARMs)
- Fixed period ARMs
- Government Loans
- FHA & VA
- Loans over $417,000 (Jumbo)
- Personal customer service and support throughout the loan process
Refinance
Consider the financing goals below and see how certain refinancing options could help achieve them. To get a better idea of how a new loan might impact your financial picture, simply talk to a Bank of America Mortgage Loan Officer to calculate your alternatives.
- More money in the monthly budget - a lower home loan payment can help free up your budget, giving you more cash on hand to pay for other needs. If rates have gone down or your credit score has gone up since you took out your mortgage, then you may be able to refinance into better terms.2
- Pay off the mortgage faster - Maybe you want to pay off your mortgage by a certain date or event, such as retirement. A shorter-term mortgage could be the answer - and could potentially save you thousands of dollars in interest over the life of your loan. With a shorter term home loan, for instance, you'll likely have a higher monthly payment, but more of your money will go toward the principal. You may also enjoy a lower interest rate than with a standard term home loan.
- The stability of a fixed rate and fixed payment - If you have an adjustable rate mortgage and worry that rates may go up, you may want to consider refinancing into a fixed-rate loan. A fixed-rate loan gives you the stability of knowing what your rate and monthly payment are for the life of the loan.
- Consolidate debt - By combining high-interest credit card debt and other loans into a single, low monthly payment, you could potentially realize significant interest savings over time while lowering your total monthly bills.3
Free Consultation
Maybe you are not quite ready to apply yet. We have a number of tools that can help you get the information you need to take that next step.
In less than a minute, you can schedule a free consultation with one of our loan experts.
Our Clarity Commitment™
Bank of America Home Loans' Clarity Commitment™ is a one-page summary that provides a clear and simple description of loan terms and payment information. For our customers, the Clarity Commitment™ means increased confidence in their mortgage decision, and in the integrity of Bank of America.
How It Works:
- Employees must enroll in the Preferred Moves® Program prior to making contact with a Bank of America Home Loans Representative.
- You will be contacted by your Bank of America Mortgage Loan Officer within 24 hours to discuss your financial needs.
The Loan Process
Looking for a home? Made an offer on one? Relax. We have lots of good tips for making the loan process easy.
Just follow these 6 steps:
- Understand the rates, points & APR
- Learn about loans
- Get pre-qualified
- Anticipate total costs
- Understand the loan process
- Close the loan
No matter what type of mortgage you choose, our mortgage specialists will work with you to tailor your home loan to your individual needs. You can expect personal service at a time that's convenient for you.
Bank of America, N.A., Member FDIC Equal Housing Lender. (c) 2009 Bank of America Corporation. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. PRGM-04-09-0113.G 04-2009 AR78930
Notes
- Up-front approval is subject to a satisfactory appraisal and title review and no change in financial condition. If the rate is not locked or rate protection expires, any rate increase may lower the loan amount for which the borrower has been preapproved.
- Refinancing may increase the total number of monthly payment and/or the total amount paid when compared to your current situation.
- The relative benefits of a debt consolidation loan will depend on individual circumstances and borrower's actual debt payments. Interest-payment savings are realized when borrower makes monthly payments towards the new, lower-interest-rate loan in an amount equal to or greater than what borrower previously paid towards the high-rate debt(s) being consolidated.
If you have any questions, click here to e-mail your Preferred Moves® counselor or call toll free: 866-786-5512
