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Bank of America now offering $0 origination fee on certain mortgages

Before we begin today’s call, it is my responsibility to inform you that this call may involve certain. now begin the question-and-answer session. [Operator Instructions] Our first question today.

(RTTNews) – Bank of America Corp. (BAC) reported a profit for the fourth-quarter of 2017 that declined about 50 percent from last year, hurt by a charge of $2.9 billion or $0.27 per share, related.

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Bank of America is upping the ante on its efforts to extend mortgages to more cash-strapped homebuyers and that includes a $0 lender origination fee and credits that don’t have to be repaid to.

This origination fee reduction will not exceed the amount of the Lender Origination Fee. Some discounts cannot be combined. Any mortgage discount point reduction benefit is subject to a total discount point cap by product type. 3 No-fee transactions at non-Bank of.

Bank of America is looking to make its home loans cheaper for borrowers. The bank is now offering mortgages with $0 origination fees in a bid to win the business of borrowers who don’t have a ton.

Bank of America Home Loans offers mortgages with terms ranging from 15 to 30 years.. Bank of America Home Loans may charge a loan origination fee starting at 2% of the loan amount. What mortgage programs does Bank of America Home Loans offer? Bank of America Home Loans offers the following.

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Bank of America now offering $0 origination fee on certain mortgages – Bank of America, for example, recently announced that it will give "eligible borrowers" as much as $10,000 that they can use toward their down payment or closing costs when they get. fee is.

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