Bank of America Mortgage Payment
Bank of America Mortgage Payment must be made before the expiry of your grace period. This is in order to ensure that there would not be any late fee due on you. You must know your grace period, which is different for different people, to avoid a late payment. B of A offers a number options through which you can pay our mortgage bills conveniently and well in time. The online payment option is definitely the most popular and the most advocated one because of the certain obvious advantages over other alternatives. Other options may include payment by mail, over phone and with credit card. Please note some of these options may not be available in your location and there might be some fees associated with their use.
BAC Home Loans Servicing, LP is the servicing division for all BofA and Countrywide customers. It currently does not accept credit card and there is no separate facility to allow you to pay mortgages by phone. However, you can use the customer service number 1-800-669-6607 to get assistance in this regard. It is important to avoid late fees. You can do so by availing PayPlan Services of the bank, under which your payment is automatically deducted from your bank. Another option is to use MortgagePay on the Web, which is available 24×7, but you need to initiate a payment each month by yourself. If paying by mail, donвЂ™t wait for your payment coupon unnecessarily, if it doesnвЂ™t reach you on time. Just write your account number on the check or money order and send the same to the mailing address mentioned under payment instructions on your loan documents.
Bank of America Online Mortgage Payment
You need to register first in order to use this option. Enrolment is possible online as well and it takes just a few minutes to complete the process. During the process you will be asked to set up your username and password. These are necessary login information to open your account online. Once you have your own login ID, you can sign in anytime to Bank of America online banking to make payments. If you are a Countrywide Financial customer, you must have your login ID converted before you can sign in to online banking. Go to the Accounts Overview page and select the View options link visible under your home loan account section. Now you can select Pay Now link to initiate the process of online mortgage payment. Follow the instructions provided there or call the phone number 1-800-933-6262.
Bank of America Mortgage Payment Address
You can pay Bank of America mortgage using a conventional option as well, such as by depositing checks at a nearest branch or center, or by sending your payments via mail or Western Union. The mailing address may be different for different borrowers depending on the locations where they live. Refer to your loan documents to see details in this regard.
The residents of Alaska, Arizona, Hawaii, California, Nevada, Idaho, Oregon, and Washington can use the following address to send payments by mail.
Bank of America Home Loans
Los Angeles, CA 90051-6803
Wilmington, DE 19886-5222
Dallas, TX 75265-0070
Bank of America Mortgage Payoff
The payoff balance is the amount you owe to BAC Home Loans Servicing, LP at any point of time. Depending upon your loan type, you may also incur a prepayment penalty and several other fees, such as verification of mortgage, payoff statement and expedited payoff service fee. The funds can be paid using any of the six acceptable forms, which include cashierвЂ™s checks, title company checks, certified checks, escrow company checks, attorney certified escrow checks, and wired funds.
To wire funds, use the following details:
Beneficiary Bank: Bank of America
ABA Routing #: 026009593
Beneficiary Acct Name: MRC
Beneficiary Acct #: 12356-19173 Reference: Customer Name