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BAC Home Loans Servicing LP

BAC Home Loans Servicing LP is a subsidiary of Bank of America. It acts as the mortgage servicer for the company. The responsibility to collect payments from the borrowers as well as to administer foreclosure process lies with this company. The existing mortgage customers of BofA as well as the erstwhile Countrywide Bank customers should contact a concerned department of this company regarding monthly payment, loan modification or foreclosures. The company has also registered a number of real estate agents who help it sell REO properties. Its foreclosure list contains houses financed by Bank of America, NA as well as Countrywide Financials.

The annual loan statements are usually sent via mail in the third week of January each year. You can also see the statement or get a print of the same online. BAC Home Loans Servicing LP can provide information about the amount you paid for interest, insurance and taxes for the period it has been handling your account. The tax and insurance payments are made through an escrow account. If a credit report you have obtained from any of the four credit bureaus contains some points that you don't agree with, you can contact either the bureau or BAC Home Loans Servicing Customer Service Department at 1.800.669.6607.

BAC Home Loans Servicing LP Contact Information

It is necessary to have a mortgagee clause included in your insurance policy in order to protect the interests of loan providers. The mortgage clause creates a separate relationship between the mortgagee and the insurer. The policy should contain the following name and address of the loan servicing company.

BAC Home Loans Servicing, LP
Its Successors and/or Assigns, As Their Interest May Appear (ATIMA)
TX2-977-01-03
P.O. Box 961206
Fort Worth, TX 76161-0206
Fax: 1.800.293.8158

To renew your insurance policy, you can send the policy details and your account number to BAC Home Loans Servicing LP Insurance Department at the following address:

PO Box 961206
Fort Worth, TX 76161-0206

The same can be done online by visiting homeloansbusiness.bankofamerica.com or by phone or fax at 1.800.293.8158. To delete flood insurance, you can send the required documents, which include a letter each of Map Amendment and Map Revision, to the insurance department using the mailing address given above. The fax number to send the same is 1.866.743.5640.

An insurance claim check can be sent via regular or express mail to the following address:

Bank of America Home Loans
Property Claims Services - CA6-919-02-45
P. O. Box 7953
Van Nuys, CA 9l409-7953
Phone Number: 1.800.669.6076

The mailing address to use an overnight service for the same is:

Bank of America Home Loans
Property Claims Services - CA6-919-02-45
400 National Way
Simi Valley, CA 93065

BAC Home Loans Servicing LP Online Payment

Those not having a B of A checking or saving account and still want to pay online can enable automatic payment deduction from any bank account using MortgagePay on the Web. BAC Home Loans Servicing LP online payment doesn’t require you to pay anything extra if you get your account drafted during or before the first one third of your grace period. After this period you will be charged a late fee of $3.00 for the next 1/3 of your grace period and then $6.00 afterwards.

You must make a payment in full otherwise the bank will transfer the money to a partial account where it remains until you send the balance amount. Moreover, the bank also provides bill payment services online and you can even receive your bills online by choosing Pay To account option. If you are a resident of either California or Colorado, you can send your payoff funds to the Fort Worth TX office of the bank.

If you do not pay by the due date or within the grace period, which could be of 5 to 15 days depending upon the type of mortgage loan, you will start receiving a series of reminder notices from Home Retention Division. You are likely to be asked about the reasons for not making the payment in time so that the home retention department can help you prevent your account becoming delinquent and obtain the facilities of a homeowner assistance program that your can qualify.

To make a payment via mail, use the following addresses:

Bank of America Home Loans
PO Box 15222
Wilmington, DE 19886-5222

Bank of America Home Loans
PO Box 515503
Los Angeles, CA 90051-6803

Bank of America Home Loans
PO Box 650070
Dallas, TX 75265-0070

The headquarters of BAC Home Loans Servicing, LP FKA Countrywide Home Loans Servicing, LP is located at the following address:

Bank of America, N.A.
PTX-C-32 7105 Corporate
Plano, TX 75024

To communicate with BofA officials through a secured email address, you need to visit the website of the bank.

Website: www.bankofamerica.com


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