Bank of America Home Loans has unveiled an enhanced online mortgage guide that the company hopes will help educate consumers about the home-buying process. The online guide provides users with customized tools on budgeting, affordability and choosing an appropriate loan type, the bank explains.
‘As part of our commitment to create more transparency and clarity in the lending process, Bank of America is proud to provide interactive tools designed to empower home buyers to make decisions that are right for them,’ says Todd Dal Porto, Bank of America Home Loans' enterprise sales executive.
More than 500,000 consumers have used the home loan guide since it was introduced in April 2009. The revised site includes interactive tools and calculators, the ability to save worksheets and information for use at a later date, and a new local mortgage loan officer finder.
SOURCE: Bank of America