Online Banks Guide
Bank of America Chase Bank HSBC Bank Citibank Wells Fargo Bank
 Home  » Bank of America  » Home Retention

Bank of America Home Retention

Bank of America Home Retention Team endeavors to help the mortgage customers of Countrywide Financial in avoiding foreclosure and its serious consequences. After the acquisition of Countrywide Financial by Bank of America, a unique home retention program was introduced to assist those troubled borrowers who were trying to remain current on their mortgage payment. Through the retention program, the bank helped a large number of mortgage borrowers in the U.S. to get out of their financial debts. The home retention program initiated by Bank of America is believed to have assisted about 400,000 Countrywide customers in keeping their homes by avoiding foreclosure.

Bank of America Home Retention Program

BOA Home Retention Program is made available by the Home Retention Division of the bank and it is offered only to those homeowners who utilize their homes for primary residence. Under the loan modification term of the home retention program, the sum of principal amount, interest rates along with taxes and insurance are made equal to 34% of the borrower's income. The overall payment amount is significantly reduced by making some changes in the interest rates and principal through refinancing option from FHA. There are no additional charges or prepayment penalties involved with this modification program. The homeowners are also fully covered as any kind of foreclosure cannot be conducted during the period of the home retention program.

BOA Home Retention Department

Homeowners can get online assistance on their complaints and queries from the home retention group by visiting the official website of Bank of America. Customize solutions are provided by the home retention center based on the stage of mortgage payments of the borrowers. However, in some case, a phone number is offered to the borrower in order to contact the department. Troubled homeowners can approach the home retention department by calling at 1.800.720.3758. To get assistance when most likely to face foreclosure, call 1.800.669.6650 to contact Bank of America home retention team.

The home retention team is comprised of highly experienced attorneys who carry out loan modification activities keeping in mind the income conditions of the troubled homeowners. With the best of advice and timely service, the department works to ensure that homeowners remain in their homes. In order to get further details on the address, phone number, and fax number of the retention team, one will have to complete an online form provided on the website of the bank. Countrywide home retention phone number is 1.800.720.3758 and visit the bank website mentioned below for more details on home retention forms, loans and services.

Home Retention Department Address
475 CrossPoint Pkwy
Getzville, NY 14068
Fax number: 716.635.7255



Bank of America
 Account Information
 Online Banking
 Online Payment
 Savings Account
 Legal Department
 Routing Number
 Phone Number
 Merchant Services
 Checking Account
 Customer Service
 Customer Service Number
 Hours of Operation
 Home Banking
 Wire Transfer
 Bill Pay
 Exchange Rate
 Foreign Currency Exchange
 Home Value
 Military Bank
 Military Banking Online
 Real Estate
 Direct Deposit
Bank of America Mortgage
 Mortgage Rates
 Mortgage Refinance
 Mortgage Calculator
 Mortgage Payment
 Mortgage Payment Online
 Mortgage Customer Service
 Mortgage Department
 Mortgage Address
 Mortgage Modification
 Mortgage Online
Bank of America Loans
 Unsecured Loan
 Auto Loan
 Personal Loans
 Personal Loan Application
 Personal Loan Rates
 Student Loans
 Student Loan Consolidation
 Home Loans
 Home Equity
 Loan Modification
 Debt Consolidation
 Refinance Rates
Bank of America Foreclosures
 Foreclosure Process
 Foreclosure Homes
 Foreclosure Department
 Reo Properties
 Reo Asset Management
 Home Retention Program
Bank of America Credit Card
 Credit Card Services
 Credit Card Customer Service
 Credit Card Rewards
 Credit Card Payment
 Credit Card Login
 Credit Card Application
 Visa Card
 Debit Card
 Business Card
 ATM Limit
Bank of America Locations
 India Operations
 India Jobs