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Tuesday 9 August 2011

Bank of America military


Bank of America Military (BOAM)

Bank of America Military provides consummate banking packages for grouping in the U.S. Military. Bank of America Military service is very popular among the military, because military members can handle their accounts from virtually anywhere in the world. The service of Bank of America Military offers free online banking, limitless bill pay and and a toll-free support number, which is accessible from locations in the United States several foreign countries. In addition, there are over 250 military sites of the military Bank on or near military installations in the United States.

  • Active / Old Force
  • Hold / Safety members
  • Affairs
  • Department of Defense / Government Employees
  • He retired from the Department of Defense / government employees
  • NATO / outside soldier
  • ROTC cadets
  • Quick household members of all groups


Bank Of America Military Loan Modification Program

Bank of America Military
Bank of America military introduced a loan program in exchange for military benefit of the mortgage to the clients they serve the military on active duty and the extension of protection to dismiss members of mortgage services.
Bank Of America Military Loan Modification includes forgiveness for borrowers with major military late payments when they leave active service, and a decrease of 4 percent interest rate on mortgages for customers who qualify for Relief Service Civil Law (scrapie) protection and a military dedicated customer service to answer questions and offer support.

Bank Of America Military Loan Modification & Hamp

Bank of America Military Committee of the loan modification program is based on the government program cost changes Home (Hamp), and provides members with military service, the main measures to reduce the amount of information required for the instructions.

Bank of America Military measures to reduce mortgage include immediate forgiveness of principal, to reduce the mortgage debt to as low as 100 percent of the market.

As of April 1, 2011, Bank of America military also offers a reduction of 4 percent interest rate loans for active duty soldiers who are eligible for Servicemembers Civil Relief Act (scrapie) protection, which applies to borrowers during the service active and 12 months after separation.

There is also an extension of the term of the loan, to help members of military service to reach an affordable monthly mortgage payment.

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