August 2013 by Marilyn S.
My brother spoke with a mortgage loan officer there about having recently paid off a bankruptcy and could he get a mortgage or would he have to wait a year or so? The guy told him he would not have to wait and then looked at my brother's credit reports from all 3 credit reporting agencies and approved him for over $200K. . Long story short, he found out through a different bank that anyone with a bankruptcy cannot get a loan until two years have gone by since the pay off. DO NOT DO BUSINESS WITH BANK OF AMERICA.. They don't seem to understand FHA rules and regulations the way you would think they should.