Why Mortgage Lenders Charge Overages, and Why They May Stop
Written by
MadameNoire
Published on
March 26, 2010
Share the post
Share this link via
Or copy link
Bank of America earlier this year delivered the following message to its loan officers: “Policy Change: Effective with initial locks on or after Jan. 21, 2010, overages will not be allowed on either purchase or refinance transactions.”
More from MadameNoire
-
The Black Estate: Meet Quincy and Tawian Livingston — The Atlanta Couple Redefining Black Homeownership
-
The Black Estate: The Livingstons Open Up Their Atlanta Home To Community & Connection
-
Bucket Baddies With Big Energy — The 30 Hottest NBA Players In The Game Right Now
-
Not Just Sex—14 Signs He’s Not Just Sleeping With You, He’s Falling For You
You May Also Like
Trending