| Search by tag or site | Login to my blog ▪ Start my own blog |
 |
The Boston Real Estate BlogI am an independent real estate broker, focused on the residential real estate market in downtown Boston. |
Are You Getting A No-closing Costs Loan?
If so, Holden Lewis wants to hear from you.
CALL FOR SOURCES: Bank of America offers a loan program called the No Fee Mortgage Plus. It's a mortgage with no fees. None. No origination fees, no title insurance, no mortgage insurance, no courier charges. With the No Fee Mortgage Plus, all you have to pay at closing is taxes and prepaids. It's for purchases only, and not for refinances, and you have to have some other type of account, such as for checking or savings, with BofA.
Competitors snipe that Bank of America's mortgage offer is too good to be true, and that the criteria must be so strict that they exclude most borrowers. BofA says the program is on the up and up, that the interest rates are competitive, that it's not a bait-and-switch.
I want to talk to consumers who have received or who have applied for Bank of America's No Fee Mortgage Plus. What's been your experience? If you're happy with it, this is your chance to correct the naysayers. If you're not happy, this is your opportunity to warn people off.
E-mail me at hlewis@bankrate.com.
More: Mortgage Matters - by Holden Lewis
More posts about: mortgages finance and home economicsmortgages finance and home economics
- Where Small People Fear To Tread …
- Looking For Real Estate Agents / Bloggers
- Boston Residential Real Estate Condo Sales, October 6, 2007
- Us Gained Jobs In August & September … Did You Expect Otherwise?
- Mousy, Mousy, Mousy: City Of Boston Most At Risk For Rodent Infestation
- Oct 2007
- Sep 2007
- Aug 2007
- Jul 2007
- Jun 2007
- May 2007
- Apr 2007
- Mar 2007
- Feb 2007
- Jan 2007
- Dec 2006
- Nov 2006
- Oct 2006
- Sep 2006
Made several great trades today. Traded the QID, QQ [read more]
When I first started Day Trading I traded anything that [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
<< My Home | TheMoneyBlogs Home