Fixed-rate home loan. A mortgage with an intention price that stays exactly the 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 will change occasionally through the life of the mortgage according to alterations in an index for instance the U.S. Prime speed or the London Interbank granted speed (LIBOR). Bank of America ARMs usage LIBOR whilst the basis for ARM rate of interest changes.

Your payment per month may fluctuate because of any rate of interest modifications, and a loan provider may charge a diminished rate of interest for an initial percentage of the mortgage term. Many hands have actually an interest rate cap that limits the total amount of rate of interest change allowed during both the modification duration (the time taken between rate of interest recalculations) and also the life of the mortgage.

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To recalculate to see outcomes decide to try reducing your price, increasing your deposit or entering a various zip code. (Note: we provide an array of loan choices beyond the range for this calculator, that will be built to offer results for the essential popular loan kinds.)

Our experienced financing experts are quite ready to allow you to along with your financing requirements:

Resources and tools

See all of the kinds of mortgage loans we provide

Fixed-rate mortgages

Set rate of interest when it comes to life of the mortgage

Your monthly premiums of principal and interest stay exactly the same when it comes to life 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 interest changes

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

Minimal deposit options with flexible credit and earnings tips

Your prequalification

If you are a current consumer please register to Online Banking, if you don’t please indication in as a visitor.

The home loan procedure, now online

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

Browse our Estate that is real Center find the next house and look for house values.

Submit an application for funding to get the mortgage that fits your needs.

We already prequalified for the mortgage with Bank of America – just just what now?

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

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Homebuying options from Bank of America

Built to satisfy your familys requirements

Built to satisfy your familys requirements

Made to meet your familys requirements

First-time homebuyers

First-time homebuyers

Were right right here that will help you through the method with tools and resources.

Had been right here to greatly help youthrough the method with tools and resources.

Had been right right here that will help you through the procedure with tools and resources.

Our Homeownership Commitment

Our Homeownership Commitment

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

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

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

What are help

How to locate assistance

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

See our Down Payment Center to get programs in a state for modest-income and first-time homebuyers

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

Minimal advance payment options

Minimal deposit options

Programs consist of home mortgage options with reduce re re payments.

Programs include home loan choices with reduce re payments.

Programs consist of home loan choices with reduce re re re payments.

Real estate just got easier

Obtaining home financing

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