Bank of America customer reviews At a glance 3.5 Rating: 3.5 stars out of 5 Bankrate Score CDs Rating: 2.9 stars out of 5 Checking Rating: 3.8 stars out of 5 Savings Rating: 2.7 stars out of 5 About Bankrate Score Overview Bank of America could be a good fit for consumers who want ...
Apply for financingand get the mortgage that meets your needs. Homebuying options from Bank of America Designed to meet your family’s needs First-time homebuyers We’re here to help you through the process withtools and resources. Our Homeownership Commitment ...
In June 2023, a global benchmark index rate used by banks to calculate interest rates for adjustable-rate mortgages (ARMs) and home equity lines of credit (HELOCs), known as LIBOR, ceased to be available in its then current form and Bank of America has transitioned to a replacement index...
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Bank of America originates mortgages, refinances, and HELOCs but doesn’t currently offer ahome equity loanoption. However, because the bank allows you to convert a portion (up to 90%) of your HELOC balance into afixed-rate loan, it still offers homeowners a home equity option with predicta...
Below are a few more Bank of America offerings: Credit cards: Bank of America offers numerous credit card options, including,, and, with cash rewards, travel rewards, and bonus offers. The bank also offers. Home loans:If you want to buy a home, refinance your mortgage, or carry out a ...
U.S. Bank may be an ideal bank to borrow money for a home if you want to do business with a big bank whose digital presence, mortgage assistance program, and customer service ratings are generally good. But the lack of upfront details about lending requirements and fees might deter some ...
In November 2023, Bank of America agreed to pay a$12 million fineto the Consumer Financial Protection Bureau for not asking mortgage applicants their race, ethnicity, and sex, and then saying the applicants didn’t provide that information. The government collects that info from lenders to ident...
Rocket Mortgage could be a strong choice for borrowers interested in a home equity loan, while borrowers who want a national lender with local branches may be a fit for Bank of America. » MORE: Best home equity loan lenders Explore mortgages today and get started on your homeownership goa...
Mortgage: BankAmerica Taps Low-Income, First-Time Homebuyers Market