Bank of America Mortgage Complaint

Conventional fixed mortgage Credit decision / Underwriting

Bank of America Mortgage department,

Conventional fixed mortgage Credit decision / Underwriting Minnesota

After several weeks of submitting more and more information to Bank of America to secure a conventional loan, with one-third down, we were denied the loan - the reason, insufficient cash to close. At the time we needed $45000.00 to close and we had $60000.00 in a savings account at - -. We paid cash for the house 6 days after we were denied loan. We feel that there other reasons for denying the loan and would like to know what they are. We are - and - years of age and are wondering if any age discrimination was involved, or if we were denied because our savings account was at a different bank.

Bank of America customer in Minnesota
Apr 22, 2016

* Source: CFPB Complaint Database

Bank of America response to complaint:
Closed with explanation

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Contact Bank of America

https://www.bankofamerica.com/
(704) 386-5681
100 N Tryon St Ste 220
Charlotte NC 28202
Bank of America
Bank of America

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