Conventional adjustable mortgage (ARM) Application, originator, mortgage broker
Bank of America Mortgage department,
Conventional adjustable mortgage (ARM) Application, originator, mortgage broker North Carolina
On - Bank of America stated that I was not eligible for the Bank of America Capitalization Loan Modification Program due to income not meeting program eligibility. The income calculated by Bank of America was $17000.00 per month. Bank of America calculated PITA to be $65000.00 ( $5400.00 per month ). Yearly income calculated with an income of $17000.00 per month would be $210000.00 which clearly would cover the costs. Why was I refused the modification? Did Bank of America error in their calculations?
Bank of America customer in North Carolina
Sep 11, 2016
* Source: CFPB Complaint Database
Bank of America response to complaint:
Closed with explanation
Submit a complaint with the Consumer Financial Protection Bureau today
File Complaint| Website | https://www.bankofamerica.com/ |
| Phone | (704) 386-5681 |
| Address | 100 N Tryon St Ste 220 Charlotte NC 28202 |
| Bank of America | |
| Bank of America |
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