Bank of America® - FHA Loans
Bank of America Refinance
Refinance and Stabilize Your ARM
Payments. Bank of America Can Help.
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More Stability with a Fixed Rate
Refinancing with a fixed rate can help stabilize your finances. Predictable monthly payments can make it easier to stick to your budget, and you'll keep the same low rate for the life of the loan.
Additional Advantages of Refinancing
You may be able to lower your monthly payments.1 If you have equity in your home, consider accessing it to consolidate high-interest rate debts or make home improvements.2
1. Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and/or the total amount paid when compared to your current situation.
2. The relative benefits of a debt consolidation loan will depend on individual circumstances and borrower's actual debt payments. Interest payment savings are realized when borrower makes monthly payments towards the new, lower interest rate loan in an amount equal to or greater than what borrower previously paid towards the higher rate debt(s) being consolidated.
Refinance with a Fixed Rate
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