What is a Bank of America loan modificaiton package?

What is an Bank of America Loan Modificaiton Package? BAC Request for Mortgage Assistance (RMA) Package is a document that you will be required to complete and submit as the first step while applying for Loan Modification with Bank of America. It is must that the paperwork that you use must be the latest.

What is BAC request for mortgage assistance ( RMA ) package?

BAC Request for Mortgage Assistance (RMA) Package is a document that you will be required to complete and submit as the first step while applying for Loan Modification with Bank of America. It is must that the paperwork that you use must be the latest.

Is the loan modification program right for You?

Spanish and many other languages. Is a non-government owned or insured home loan modification right for you? If your mortgage is not owned or insured by the federal government, a loan modification program may make your payments more affordable – even if you no longer live in the property.

How long does it take to get loan modification from Bank of America?

If you meet the lender’s eligibility requirements, Bank of America will send a financial information packet with the forms you’ll need to apply for a loan modification. Bank of America states that it will make a decision approximately 30 days after receiving your complete submission packet.