What options are available if I am struggling to make my home loan payments?

If you are facing difficulty in making your home loan payments, Bank of America offers several options to assist you. Firstly, you can reach out to their customer service representatives who can provide personalized solutions and discuss additional options based on your unique circumstances. One possibility is a loan modification, which may involve adjusting your interest rate or extending the term of your loan to make the payments more manageable. Another option is a forbearance, which temporarily reduces or suspends your payments. Additionally, Bank of America has various refinancing options that could help you obtain a more affordable mortgage. It's crucial to contact them early to explore these alternatives and avoid any adverse impact on your credit.