BOA Home Foreclosure Help – Tips to Avoid Home Foreclosure by BOA

Many BOA clients are facing foreclosure today. But this is to tell you that you are not alone and many owners are in the same boat. To help people continue to own their home and avoid home loan foreclosure, the bank has found a solution.

Tips to Avoid Home Foreclosure by BOA

Now you can reach out and get help from BOA and choose the best among the available options to avoid this cruel situation. This help would not be given to all clients, but only to those who are facing a financial crisis and are in arrears on their existing loan payments with the bank.

Here are some effective tips that can help you keep your home and avoid foreclosure.

1. The first thing to do when you realize you are no longer able to pay future installments and notify BOA about this. Do not hesitate to do it because the sooner you approach the bank, the sooner your lender will find a solution for you.

2. Dial 1-888-293-0264 and you will be connected to anyone in the appropriate department and they will do what is necessary for you.

3. Be up-to-date with all the information related to your current financial situation, such as details of income and expenses, loan account number, outstanding amount, all other financial assets such as insurance policies, funds, etc. You should be able to provide all the desired information to your lender to help them decide what is best for you.

4. Each individual case would be different, so BOA has designed several programs to handle all cases.

Some of the best programs offered are:

Refinance

Modification of the existing loan that makes the loan much more affordable.

· Moderate plans that would postpone delivery for some time.

5. You can even designate a personal counselor to work for you on the case. BOA fully agrees to work with your designated counselor.

6. There are no fees associated with the loan restructuring process. You can approach the bank at any time without any fear and save your home.