Why It’s Worth Applying to Bank of America for Your Mortgage
Moneywise on June 23rd, 2008
Bank of America (NYSE: BAC) is the largest consumer bank in the country and it’s trying to further its mark on the home mortgage business, despite the recent tumult. It is doing so by offering unprecedent deals from a lender of its size and quality. Bank of America is currently offering no closing fees, no application fee, no private mortgage insurance fee. Their site is easy to use and allows for prequalification in 10 minutes or less. Their site does a great job outlining the closing costs that you can save by completing your loan with Bank of America, saving you up to $6,000.00. Best of all, the company is offering a “Best Value” guarantee whereby if you choose to go with another lended, they will send you a check for $250, which should cover the time you spent applying with Bank of America, and then some.
