Real Estate Zing
 USA Real Estate  USA Cities  Real Estate Agents List  Fannie Mae  Freddie Mac
 Home » Banks in USA » Bank of America » Mortgage Account

Bank of America Mortgage Account

Bank of America Mortgage Account is a savings account set up specifically to make monthly payments after your request for a home mortgage is sanctioned by the bank. The monthly mortgage payment consists of four components, namely principal, interest, taxes and insurance. These components are often referred to as PITI collectively. The first two components are paid directly to the lender while the payment made against property taxes and homeowner's insurance are collected by a third party.

It is often required to open an escrow account in order to help you make your mortgage payments in monthly installments. The escrow account becomes necessary when you need a mortgage loan to buy a home. The account which is managed by a third party is used to hold the mortgage fund until the deal is finalized between the buyer and the seller. Once the deal is signed, the money kept in the account is handed over to the seller in lieu of the title to the property sold. The home buyer gets the title and legal ownership of the home with an obligation to repay the loan amount through monthly mortgage payments.

Bank of America Mortgage Account Online

A home mortgage account can be set up with Bank of America in order to pay your bills pertaining to property taxes and homeowner's insurance conveniently. The bank allows you to open a savings account meant specifically for this purpose. In this way, you have the fund ready when the time comes to clear the dues which usually happens once or twice in a year. To open an account with the bank you need to visit its website and filled in an application form available online.

Bank of America mortgage account online lets you access services like checking balance or transferring funds with the click of a mouse. The account helps you manage your finances anytime anywhere and also allows you to pay most of your bills online. Just log in to your mortgage account by entering the special access code and start doing all your banking activity at your own convenience. For more info visit Bank of America website or call at the numbers provided here.

Bank of America Account Info Phone Number:


Bank of America Mortgage Customer Service:


Bank of America Mortgage Account Help:

   800-792-0808 Website:

Bank of America
Account Information
Online Banking
Online Payment
Online Bill Payment
Routing Number
Real Estate
Grant Programs
Foreign Currency Exchange
Military Bank
Military Banking Online
Home Banking
Home Personal Banking
Legal Department
CD Rates
Exchange Rates
Customer Service
Customer Service Phone Number
Phone Number
Privacy Policy
India Operations
India Jobs
Bank of America Locations
India Delhi
India Gurgaon
India Hyderabad
India Kolkata
India Mumbai
Bank of America Foreclosures
Foreclosure Department
Foreclosure Homes
Foreclosure Process
REO Properties
REO Asset Management
Real Estate Owned
Home Retention
Home Retention Program
Home Value
Bank of America Loans
Home Loans
Personal Loans
Personal Loan Rates
Personal Loan Application
Home Equity Loan
Home Equity Interest Rates
Unsecured Loan
Student Loan
Refinance Loans
Bank of America Cards
Card Services
ATM Card Limits
Credit Card
Debit Card
Platinum Plus Visa Credit Card
Business Credit Card
American Express Rewards Card