Fixed-rate home loan. A mortgage with an intention price that stays the exact same when it comes to term that is entire of loan.

Fixed-rate home loan. A mortgage with an intention price that stays the exact same when it comes to term that is entire of loan.

Adjustable-rate home loan (supply)

Also known as a variable-rate home loan, an adjustable-rate home loan has mortgage which could change sporadically throughout the life of the mortgage prior to alterations in an index like the U.S. Prime speed or perhaps the London Interbank Offered speed (LIBOR). Bank of America ARMs use LIBOR whilst the basis for ARM rate of interest modifications.

Your payment that is monthly may because of any interest rate modifications, and a lender may charge a lower life expectancy rate of interest for a preliminary percentage of the mortgage term. Many hands have actually an interest rate limit that limits the actual quantity of interest modification allowed during both the modification duration (the right time passed between interest recalculations) as well as the life of the mortgage.

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Our experienced financing professionals are prepared to assist you to along with your financing requirements:

Resources and tools

See most of the kinds of mortgage loans we provide

Fixed-rate mortgages

Set rate of interest for the full life of the mortgage

Your monthly obligations of principal and interest stay exactly the same when it comes to lifetime of the mortgage

Adjustable-rate mortgages (ARMs)

Rate of interest may alter occasionally through the loan term

Your payment per month may increase or decrease according to rate of interest modifications

Jumbo Loans

For borrowers requiring greater loan quantities

Available as fixed-rate or adjustable-rate loans

Affordable Loan Solution В® home loan

Income limitations apply

FHA & VA loans

federal federal Government loans through the Federal Housing management while the U.S. Department of Veterans Affairs

Minimal advance payment options with versatile credit and income tips

Your prequalification

If you should be a current consumer please check in to Online Banking, or even please check in as a visitor.

The home loan procedure, now online

Considering purchasing a house? Prequalify now to calculate what you could borrow.

Browse our Estate that is real Center find the next house and seek out house values.

Submit an application for funding and obtain the mortgage that satisfies your needs.

I already prequalified for a true mortgage loan with Bank of America – exactly exactly what now?

View your prequalification page layer , or contact your lending officer about using the steps that are next house funding

Homebuying options from Bank of America

Made to satisfy your familys requirements

Made to satisfy your familys requirements

Made to satisfy your familys requirements

First-time homebuyers

First-time homebuyers

Had been right right right here to assist you through the procedure with tools and resources.

Were right right right here to assist youthrough the procedure with tools and resources.

Had been right right here to assist you through the method with tools and resources.

Our Homeownership Commitment

Our Homeownership Commitment

We provide affordable housing support programs which help make homeownership a real possibility.

We provide affordable housing support programs that assist make homeownership a real possibility.

You can expect affordable housing help programs which help make homeownership a real possibility.

Where to find assistance

What are assistance

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See our deposit Center to get programs in a state for modest-income and homebuyers that are first-time

See our deposit Center to get programs in a state for modest-income and homebuyers that are first-time

See our deposit Center to get programs in a state for modest-income and homebuyers that are first-time

Minimal advance payment options

Low advance payment options

Programs consist of real estate loan choices with reduce payments.

Programs consist of real estate loan choices with lower down re re payments.

Programs include home mortgage choices with reduce re payments.

Real estate simply got easier

Obtaining a home loan

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