One of the larger lenders in the US is Bank of America and many homeowners turn to B of A for their home financing needs. When it comes to getting an FHA 203k loan, Bank of America is also one of the larger players and as more people are buying bank owned homes, the FHA 203k streamline loan is more popular than ever.
Bank of America Offers The FHA 203k Streamline Loan
While it is true that Bank of America offers the FHA 203k streamline loan, the truth is that if you are considering getting an FHA 203k loan, you are going to be well served to get multiple quotes from multiple lenders to see who has the best deal.
At the end of the day, it is possible that Bank of America will have the best deal on a FHA 203k streamline for you – but it is also possible that they won’t.
Bank of America Marketing The FHA 203k Streamline Program
When rates are low, and people are buying bank owned homes, the marketing team from Bank of America does a good job of getting the word out to homeowners that the FHA 203k streamline loan is designed for rehabbing homes that need repairs. But just because you may have heard about the FHA 203k streamline loan program from Bank of America doesn’t mean that you will want to go with them! Be sure to shop for the best possible deal.
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