I've been a B of A customer for 15 years. I went to speak to a mortgage officer for an approval for a new home loan. I was told he would be back to me within 24 hours.
24 hours turned into a week.
We were very excited to move along with purchasing our first home. We decided to seek another lender and had immediate follow up with a pre approval within 2 days. We still hadn't heard from Bank of America (Cong Vuong).
Now I receive an email after a week from (the mortgage officer) Cong that he left voicemails.
Interesting that only his phone calls or voicemails weren't registered on my phone but every other business and personal call had come through.
I believe he was delayed then lied to cover up his inadequate response.
B of A further makes it more difficult to log a complaint via their website as there isn't a place to log a complaint.
Another large bank that doesn't care about their customers. Merely superficial do they act caring.
Go with a credit union.
Bank of America ofcourse, says they can give us a certain rate and so much money for closing costs. After 3 weeks of them sending an email EVERYDAY asking for a new piece of information (like I live by a fax machine), and mishandling several steps in the mortgage process, they call us 3 days before closing and say the "numbers aren't matching up" and they have to increase the interest rate and decrease the amount they were contributing towards closing costs. This call came from the loan processor who only ever called us between 8pm and 10PM and no he was not in Hawaii, he was in the same time zone as us. They screwed us last minute on the interest rate and closing costs because they knew we were on the hook for the house anyway, what could we do? You wont believe what happened next though. The loan officer said we were good to close on Friday, everybody showed up except the bank never sent the paperwork or registered the sale with the county. Everybody showed up for closing but it didn't get done! Futher muckers! Can you believe that is even a possibility for a bank to do? After getting on the phone with some upper level management, since we couldn't reach the loan processor all day, we are told that the loan processor was told by the underwriter we couldn't close on that particular day but because we were pressuring for that day he told us yes even though he knew he couldnt do it! What a coward! We hope to close on Tuesday but had to cancel movers, plumber, gas activation, Verizon, etc. I hate Bank of America and when we refinance in 1 year (because my wife will then have 2 years of self employment under her belt), we will be moving all of our accounts (investments, business accounts, personal accounts, business loan and home mortgage) OUT of Bank of America! Never again B of A, never again.
Actually not giving one start even but there is no option for 0.5 star. They just set fees for something so randomly and then keep charging without notice. they don't even bother to reimburse even if they haven't informed to customer and they don't care about customers even. They just reply do whatever you would like to but we will not reimburse. Their customer care representative even do not have enough information they they will just give different answers as they are not on same page for same issue. Worst experience with this bank and thinking to close all accounts with this bank. Wells Fargo and Chase are far better banking services.