Other ways to bank
| Deposits by Mail Only Address | Overnight or FedEx Only Address |
|---|---|
| PO Box 105576 Atlanta, GA 30348-5576 | GA4-004-01-52 6000 Feldwood Road College Park, GA 30349-3652 |
How do I pay my principal on my Bank of America mortgage?
There are several ways you can make a payment:
- Transfer funds using Online Banking.
- Set up automatic payments online or at any financial center.
- Use Bill Pay to make monthly payments.
- Call us at 800.934. 5626 (Mon-Fri 8am-9pm EST)
Does Bank of America offer biweekly mortgage payments?
Some lenders, including Wells Fargo and Bank of America, offer biweekly plans free to customers who pay from an account with that bank.
Is there a Bank of America home equity line of credit?
If you’re interested in borrowing from your home equity, Bank of America offers a cash-out option and a home equity line of credit, or HELOC. With a cash-out refinance, you receive one lump sum and start a new mortgage loan with a higher balance than your old one.
Where do I Mail my Bank of America mortgage payment?
Depending on your location, you might need to mail your payment to this address: Bank of America Mortgage Department PO Box 650070 Dallas, TX 75265
How much equity can I borrow from Bank of America?
Your home’s equity is the difference between the appraised value of your home and your current mortgage balance. Through Bank of America, you can generally borrow up to 85% of the value of your home MINUS the amount you still owe. For example, say your home’s appraised value is $200,000. 85% of that is $170,000.
How do I pay my Bank of America Bill?
Log in to your Bank of America account and select either the “Bill Pay” or “Transfers” tab. Choose to make a one-time payment or set up automatic payments so that you never have to worry about your payment being late.
