Product: Bank Of America Loan Clear all filters (80 of 80 reviews match)
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My father instructed B/A to transfer his one half interest of property into his savings account upon his death and named me the sole beneficiary. I applied for a collateral loan and it was denied.
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Anonymous
Anonymous

Wow, too early for you to be this drunk and write this post, wtf I have a headache now from trying to figure out what you were trying to say but, I must admit I never could, J...

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Bank Of America Loan
#1385196
Absolutely do not use Bank of America for mortgages. They discriminate and make it impossible to get a loan no matter how qualified you are. They also over charge you for fees and refuse to refund you despite any mistakes that they make on their end. Do not use Bank of...
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Bank Of America Loan
#1377604

Homeless thanks to Bank of America

We asked Bank of America to double-check whether or not they loan on properties in a specific location. We emphasized the obstacles that our realtor was concerned about during the in-person process as well as continued email correspondence. The loan officer went to his supervisor, Lawson England, who responded by declaring that, "yes we loan on Little Gasparilla Island". We moved forward under contract with the property as well as with our current home. When we updated the loan officer so he could put everything into motion, I was contacted the next day with "so sorry but we do not loan on LGI". WHAT????? I specifically asked this to be double-checked. We know the routine and are not foolish enough to move forward without getting things double-checked. Mr. England failed to do his job and this was unquestionably out of laziness. Had he done his job as requested then he would have been able to tell us that, "no we do not lend on LGI" and we would not have moved forward with either property until securing other financing. He countered pointing at the "fine print", whilst failing to recognize that his failure came before the fine print. He also attempted to divert blame by stating that other lenders will not lend on LGI either, however, this is again not the point. We asked them to double-check and they did with the response that "yes, they loan on LGI". You simply cannot say that you checked and were told the property location was good to go when it really wasn't. This is a simple prerequisite that we brought attention to. How can you can say one thing with confidence when it was not true? Mr. England now wants to spin this all on us and is doing so in a very arrogant manner. His responses have been extremely unprofessional for someone in his position. We asked for confirmation and he did not do his job for us. I guess I should have known he wasn't actually working for us. Instead of saying, "you should have done this and shouldn't have done that" he should have been professional and said, "yeah I screwed up and this is what we will do to make it right". I'm really upset that I've paid them so much in interest over the years on my current mortgage. Now, we find ourselves homeless in 15 days...thanks Bank of America...you dropped the ball and your "supervisor" with "years of experience" wants to blame the customer instead of being a man by admitting that he and his people made an enormous and simple error.
1.5
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Bank Of America Loan
I didn't like
  • Customer service
#1116005
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They told him he had to pay 500.00 a month for 30 years. The interest would be 159 thousand. This is worse than a loan shark. . . This should be illegal as *** . ..a person 75 years old getting scammed by bank of America. They should be locked up for...
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Anonymous
Anonymous

No doubt there is more to this story. Is your father competent? If not, you need to get involved and get help from an accountant, a financial counselor or attorney. Get mov...

1.0
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Bank Of America Loan
#853606

Bank of America has become the worst bank that I have to deal with and I deal with lenders every day.

I am a title insurance issuing agent. I sent Bank of America a check to payoff a loan on April 4th. I had a payoff which was good through March 30 and a per diem of $34. a day. I added the per diem and thought the loan would be paid in full. It was a $300,000 loan. Bank of America put the check in regular mail back to me saying the payoff was short by $2000. It was not, but after a week of US mail, by the time i got my check back and sorted it out, i was on the hook for another $237 of interest because BOA made a mistake. Furthermore, who puts a negotiable instrument of that magnitude in a regular envelope and regular mail? A phone call would have been great and every other bank would have called me. I will make sure everyone i know is aware of how downhill BOA has gone. I hope you get bought or go under because you are NOT worthy of being called the bank of America. When I have clients who want me to refer them to a lender, I tell them anyone EXCEPT bank of America because BOA is now the worst lender to deal with. Especially if you are a title agent- the worst. and i have been doing mortgage closings since 1993. Went through World Savings which when Wachovia bought them, i felt like Wachovia was the worst, but that was nothing compared to how *** and unprofessional BOA became.
1.0
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Bank Of America Loan
I liked
  • Being able to obtain a payoff over the phone
I didn't like
  • Rude and awful
#833795
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I wrote 6 months ago about how terrible Bank of America is and little wonder they have been consistently voted on of the worst American Companies. Now it has been over 52 months and the same old misguided, inept, and negligent misrepresentation on behalf of the Bank...
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Anonymous
Anonymous

Leave Bank of America.

5.0
Product
Bank Of America Loan
#819237
I will start of this review pointing out that BoA within the past 14 years has sold my loan twice without notifying me till after completion of sale. tried to refinance the bank said my credit looked fine and was pretty well approved just needed the home inspection....
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anonservos
anonservos

Go away, Leave Bank of America. :|

1.0
Ellsworth, Pennsylvania
Product
Bank Of America Loan
I didn't like
  • Lack of consistency
  • Incompetence
#812051
BEWARE!!! Bank of america is one of the worst banks I've ever seen. Bank of America's cash back rewards card isn't worth it, considering the fact that you spend thousands and it takes for ever to even rack up enough points worth anything. They also nickel and dime you...
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Anonymous
Anonymous

You WOULD hate your job if you worked for BofA. Especially being someone that has 8 months experience of working in their fraud department. We all hate bank, but I go way out ...

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Bank Of America Loan
#782289

Bank Of America - Laughable customer service!

You get great service when they think they'll make money from you. They're like flies on *** Try to request something like an appraisal report that was done to re-fi your HELOC with them. What a joke. I got transferred seven times, given a different phone number and person to talk each time. Connected to wrong departments, put on hold for 20 minutes, then disconnected. Each person never records on the computer what was discussed so you have to repeat your request EVERY TIME!!!! After demanding to speak to a supervisor, she too never bothered to carry through with my request. They pulled loan officers out of the branches when they raped and pillaged the county by giving loans to people who had pulses. Now you're forced to deal with someone on the phone. They're making billions and billions of dollars right now and laughing at every one of us. Go with a credit union if you can.
2.3
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Bank Of America Loan
I didn't like
  • Being transferred so many times
#759867
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Bank Of America - Loan Review from Puyallup, Washington

I have a car loan with Bank of America. They contacted me twice telling me they could get a better interest rate. I go in, sit for about 40 minutes and then get turned down. Their claim was that I had too high a debt to income ratio. But the email they sent me stated delinquencies. I would like to know what the *** they are talking about as I have no delinquencies and have had three past car loans with them and never been late. That being said, I feel their practice of tempting me with a lower rate before they were confident they could give me one was sneaky and unethical. And a huge waste of my time. I will never do business with them again.
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Bank Of America Loan
#742807
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