U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate > Mortgages
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 10-07-2008, 10:31 AM
 
15 posts, read 50,288 times
Reputation: 12

Advertisements

Hello,

Has anyone had any experience w/ this mortgage?

The good, bad, ugly?

My bank is Bank of America; I'm told it's good to try to get a mortgage w/ your personal bank.

And this offer sounds appealing.

Thanks.
Reply With Quote Quick reply to this message

 
Old 10-07-2008, 10:48 AM
 
Location: Dallas, TX
243 posts, read 1,039,178 times
Reputation: 103
I would read this recent thread:

Bank of America - No Fee mortgage?

Personally I started off with a good experience with them that turned bad when I was ready for the loan. (And I met all of their qualifications, down payment ready, extremely high FICO, etc.). That is detailed in the thread.
Reply With Quote Quick reply to this message
 
Old 10-07-2008, 02:54 PM
 
Location: Halfway between Number 4 Privet Drive and Forks, WA
1,516 posts, read 4,128,420 times
Reputation: 650
I checked into their program (they're also our bank) when we purchased our home last month, but their rates were much higher than everyone else's. I guess where you save on the closing costs, pmi, they're going to charge you more to carry the loan. They will make the money back somehow...

We opted to use our credit union for our loan.
Reply With Quote Quick reply to this message
 
Old 10-07-2008, 04:47 PM
 
7,188 posts, read 2,504,978 times
Reputation: 3171
Our home loan is thru BoA, and we got the no-fee loan when we closed last year. it was a good deal then. Don't know about now.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate > Mortgages
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top