Dec 29, 2010

Bank of America Loan Modification Department



The loan modification department of Bank of America handles all the processing of loan modification for eligible homeowners. The department can also be contacted to get a number of assistance while applying for a loan modification program. Customers can contact the department either by phone or by visiting the official website of the bank. Phone number for Bofa loan modification department is 1.800.669.6607.

Bank of America loan modification process involves some hassles as it may take some time and a number of documentation and paperwork. Several hours of homework should be done and several documents will have to be submitted to the bank in order to get approval for the loan modification. Applicants are required to have some idea about the mortgage modification requirements if they want to make an informed approach. It is mandatory for the borrowers to be under financial hardship in order to get their loans modified through the bank. Moreover, they must be able to convince that they have perfect plans to accommodate the new payments that results from loan modification. Study loan modification approval guidelines, collect all the essential documents and prepare an impressive hardship letter to make a complete application.

Bank of America offers affordable refinance and loan modification programs to help borrowers facing financial hassles. Check the official website to find more info on their assistance programs.

Website: http://www.bankofamerica.com/

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