Payoff Information for Various Banks

Bank of America

Phone for Payoffs: 1.800.763.1255
Prompts:

2 / Enter Account # / Say “Yes” / Say “Yes” / Say “Payoff” / Say “Order a Payoff Demand Statement” / Say “Refinance” / Enter last 4 of social / Say “Yes” / Say the exact payoff date / Yes / Say ‘Fax’ / Say fax # / Say “Yes” / Say phone # / Say “Yes” / Listen to instructions (no action needed) / Say “Yes” to hear verba…

Pros & Cons of Different Mortgages

If you’re looking to buy a home, then you’re probably not just shopping for property, but also for a mortgage. But there are so many different types of mortgages out there. Here are some of the most popular loans available, and what you should know about them:
Different Lengths
The most common mortgage has a length of 30 years. That means that if you make all of your payments in fu…

FHA vs Conventional

Home buyers should evaluate both conventional and FHA loans. This article will explain the pros and cons of each loan type. Please call us at 314-329-7314 with any specific questions.
Background:
Conventional Loans: Comply with guidelines set by FNMA and Freddie Mac. The maximum Loan Amount for a conforming conventional loan is $417,000. Any higher amount is called a non-conforming Jumbo…

7777 Bonhomme Ave, Ste. 1800
St. Louis, MO 63105
NMLS ID: #1203639
MO License: #111990
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