Loan Bank Of America

I want to apply for Home Loan in Bank Of America so can you please provide me the details of the loan?

Bank Of America home loans — and low home loan rates — are designed to meet your specific home financing needs

Bank Of America home loan

Today's low mortgage rates

Rates based on a $200,000 loan in ZIP code 95464

Rate APR Points Monthly payment

30-year fixed layer 4.000% 4.188% 0.651 $955

15-year fixed layer 3.500% 3.830% 0.660 $1,430

5/1 ARM layer variable 3.375% 4.128% 0.757 $884

Mortgage rates valid as of 15 Dec 2017 08:13 pm India Standard Time and assume borrower has excellent credit (including a credit score of 740 or higher).

Estimated monthly payments shown include principal and interest only.ARM interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/1 ARM, 7 years for a 7/1 ARM and 10 years for a 10/1 ARM).

Bank of America’s Home Loan Navigator™ lets you view the current status and details of your application, easily sign and securely submit loan documents and more.

Your lending specialist will also be there to help you every step of the way.

The relative benefits of a loan for debt consolidation depend on your individual circumstances.

Fixed-Rate Loan Option at account opening: You may convert a withdrawal from your home equity line of credit (HELOC) account into a Fixed-Rate Loan Option, resulting in fixed monthly payments at a fixed interest rate.

The minimum HELOC amount that can be converted at account opening into a Fixed-Rate Loan Option is $15,000 and the maximum amount that can be converted is limited to 90% of the maximum line amount.

The minimum loan term is 1 year, and the maximum term will not exceed the account maturity date.

Customer service: 00 1 315-724-4022

__________________
Answered By StudyChaCha Member