| Re: BOA success
That is a very good modification, and very much in line with what I and others have received from Bank of America. All of us got low rate for five years, with a return to our original (but still reasonable) interest rates. Your starting interest rate, incidentally, is considerably lower than what other B of A customers have gotten.
This sounds like a standard modification structure from B of A. I don't think you'll be able to extend it for longer, but it doesn't hurt to try. Just don't let this one slip away in the hopes of getting something better.
Congratulations! |