Year-end interest-paid statements (IRS Form 1098) of Bank of America are mailed out by the end of January .

Contact the Bank at 1.800.669.6607 if you do not receive it by February.

You may also be able to access a copy of your IRS Form 1098 by going to the Account Details tab for your mortgage account in Online Banking.



MortgagePay on the Web is an online option for one-time mortgage payments.

It can be used with eligible Bank of America accounts at no charge, as well as with checking or savings accounts from other financial institutions at no charge or with a fee, depending on when the payment is made relative to your grace period.

To pay your mortgage account online using MortgagePay on the Web, follow these easy steps:

-Enroll in Online Banking for online access or, if you have already enrolled, sign in to Online Banking

-On the Accounts Overview page, select Mortgage

-On the Account Details page, select Pay Now and follow the instructions

For further assistance with online payments, call Online Banking customer service at 1.800.933.6262.


Mortgage Rates

30-year Glossary Term 5/1 Glossary Term: ARM
: fixed layer layer (variable)

Glossary Term: Rate layer 3.625% 2.875% for mortgage 5/1
ARM

Glossary Term: APR layer 3.777% 3.374%


Glossary Term: Points layer 0.660 0.005