Home New Home: 7 Tips for First-Time Mortgage Borrowers

Home New Home: 7 Tips for First-Time Mortgage Borrowers

Purchasing a new home could be the fulfillment of a lifetime's worth of dreams for many people. It may well also be a couple or family's most significant financial undertaking.

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The Truth in Lending Act and How It Can Help a HELOC Borrower

The Truth in Lending Act and How It Can Help a HELOC Borrower

Many homeowners borrow money against their home equity without knowing all the facts first and end up losing their property altogether.

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About the Bank of America Student Package

The Student Package, an all-inclusive product suite, covers all of a student's banking needs: -- Free CampusEdge® Checking and Savings Account with Keep the Change® -- No monthly maintenance fees on checking for five years(1) and no monthly maintenance fee on a savings account after the first check card purchase, when the checking and savings accounts are opened on the same day with Keep the Change enrollment.(2) With Keep the Change, Bank of America will round up check card purchases to the nearest dollar amount and transfer the difference from their checking account to their savings account. Bank of America matches 100 percent of the transfer for the first three months and 5% thereafter, up to a maximum of $250 annually. CampusEdge customers also receive a Bank of America Photo Security® check card and have access to 18,000 Bank of America ATMs nationwide.

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Choosing the Right Bank for Your Needs

Choosing the Right Bank for Your Needs

When you’re shopping for a new bank make sure you understand a few things before stepping into the bank around the corner from your home. You should consider whether you are willing to pay higher fees for the convenience of the location, or if you are willing to make a little extra travel effort for lower fees. The first thing is to evaluate your banking needs. Here is a quick checklist of things to consider:

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