Dec 16, 2010

Bank of America Mortgage Payment



Bank of America Mortgage Payment is one of the most important things that borrowers are required to do when they have borrowed a mortgage program from the bank to finance their home. Bofa mortgage payments are made to the mortgage department of the bank including the interest rates, principal amount and all the accrued charges. One of the most advantageous features of making mortgage payments is that they are tax deductible. Making timely mortgage payment in very essential if you want to avoid late payments and defaults which may later result into home foreclosure.

Bank of America Mortgage Payment Online

A number of Bank of America Mortgage Payment options are offered to the borrowers to make hassle free repayment of their home loans. With the online presence of the bank now, borrowers can enjoy a number of online banking services including online mortgage payment. In order to enjoy online mortgage payment all you have to do is just create an online account using a username, password and some other personal details. The bank provide the advanced Bill Pay service where one can make automated monthly payments and various other recurring payments for their mortgage. Borrowers can schedule their payments in advance and save their time in making payments by visiting the office.

Bank of America mortgage payments by phone is another option that is quite convenient for the borrowers. In this payment option, borrowers will have to contact the Bank of America mortgage payment center and provide their account details to let them deduct the payment amount from their account. This will allow the borrowers to save their precious time. Bank of America mortgage payoff can also be made by simply making the payment by visiting any nearest branch location of the bank.

Bank of America Mortgage Payment Calculator

It is advisable for the home buyers to use mortgage payment calculator provided by Bank of America before applying for any mortgage program. With the help of this unique tool, borrowers can find the loan program that has monthly payment that they can afford. Calculate what your monthly payment by making some inputs like the amount of loan, particular loan term and the rate of interest. The following are some of the mortgage calculators offered by the bank;

* Mortgage Calculator
* Refinance Mortgage Calculator
* Home Equity Calculator
* Bank of America Mortgage Payment Online

Bank of America Mortgage Payment Address

One can also make their mortgage payments by contacting the payment address mentioned below.
4161 Piedmont Parkway
Greensboro, NC 27410

Bank of America offers a number of online banking services including online mortgage payment. Get more info at the online banking site of the bank.

Website: https://www0.bankofamerica.com/onlinebanking/index.cfm

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