Question by tazzmainiandevils: Which is better US Bank or Bank of America for mortgage loans?
Someone recently warned against Bank of America. Thoughts?
Best answer:
Answer by godged
This is what I suggest to all my clients.
Go to a few lenders, ask for good faith estimate (or whatever they call it now) on closing costs, their terms and what the interest rate is going to be. That way, you can have it on paper, compare apples to apples and make a decision.
Just basing a decision can be a huge mistake.
BofA does not have a great track record of servicing their clients in a responsible manner. But I suppose there are horror stories from all the big lenders.
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