Anna's review of Bank of America Home Loans

Bank of America Home Loans

Preferred Members
Ladera Lending, Inc
4.7 star rating 1334 miles
Purpose Funding
4.4 star rating 1338 miles
1st Pacific Capital Corp.
5.0 star rating 1339 miles
Instant Capital
4.9 star rating 1341 miles
         
Customer Reviews & Ratings
Complaint Posted 5/3/2012
. 1
. 0
Anywhere but Bank of America Home Loans
We were told that it would take 4 -6 weeks to refinance our existing mortgage with Bank of America to a lower interest rate. So far it has been 9 weeks with no end in sight. We have 25%+ equity in the home. All payments on our current mortgage with BAC have been made on time. Credit scores are excellent. Like many other reviewers have stated, we have had to submit identical paperwork numerous times. Just when we think that the application process is complete, the paperwork is passed on to a new department. So far there have been four departments. (application, loan officer, underwriting and quality control) I can only wonder where it will go next. I have never had this experience with prior mortgages. I will never do business with BAC again for any purpose. If you are able to choose another mortgage source, do so. I certainly wish we had.
 
 
 
Was this review helpful? (12)
Send Message to Reviewer
Report abuse
How To edit your review
 
Additional Business Information
Hours   Phone   (800) 669-6093 Address   400 Countrywide Way SV-314
Simi Valley, CA 93065-3500
Website   http://www.bankofamericahomeloans.com Email   maria.l.aguilar@bankofamerica.com
Contact   Maria Aguilar Other  
 
 
 
© Copyright 2017 TrustLink All Rights Reserved.