Bank of America Home Loan Documents

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This topic contains 6 replies, has 4 voices, and was last updated by  jcleus200 1 month ago.

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  • #41671

    sebryner
    Member

    Hello @ttrumble or anyone else who may know.

    I spoke to my CC today and he said that we have cleared all conditions, which is a good thing. But we received in the mail a large folder from Bank of America with instructions to complete the “Home Loan Document Package”. Some of it seemed like the stuff we signed at the NACA office when we signed our bank application but I am not sure about everything. Our CC said we do not need to sign but our MC basically said he is not sure what it is and to follow instructions provided. One of the forms in the packet was the “Uniform Residential Loan Application” and it requires MC signature as well.

    The other documents were:

    -Borrowers Certification and Authorization Form
    -4506-T request (this is the 3rd request)
    -Notice IRS disclosure
    -Hazard and FLood Insurance Requirements
    -Authorization for Social Security Administration to Release SSN

    There was no real number to call for Bank Of America and when I tried to go to the online portal they referenced I was not able to log in as I don’t have an account number. I tried using the loan number but it found nothing.

    Really just need to know if I need to send this information in. No one from NACA mentioned anything about this to us and it seems strange that there would be required documents from BOA that NACA does not know about.

    Thanks

    #41682

    TTrumble
    Member

    Hello sebryner,

    All of the listed documents are in your NACA file. It appears you were sent the documents by mistake. The “Uniform Residential Loan Application” (a.k.a. 1003 form) is the dead giveaway that somebody at the bank goofed up. Your file would have never gone to the bank without a completed 1003.

    I’m probably being a bit paranoid, but don’t trash the packet just yet. However, I know of no legitimate reason whatsoever for you to have been sent those documents.

    Tim Trumble
    Online Operations, NACA
    ttrumble@naca.com

    #41685

    sebryner
    Member

    Thanks @ttrumble, We signed everything and have it scanned into our computers NACA folder in case we need it suddenly.

    #41713

    TTrumble
    Member

    Smart move! As I always preach, “better twenty pages too many than one too few”. Please keep us updated on your progress!

    #43045

    jcleus200
    Member

    @sebryner What happened to that file did you ever had to send them. @ttrumble the same thing happened to me I received a big package from BoA and it seems I filled out all those paper already at the Credit access. On my webfile I am already C&I Approved. Any idea. I will email my CC and my MC tomorrow as well to see if the can give me in idea.

    #43063

    Cmontgo80
    Member

    @jcleus200 My CC told me that paperwork is just for my records. I did not have to submit it to BOA.

    #43064

    jcleus200
    Member

    @cmontgo80 Thank you for let me know my friend

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