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Welcome to Dozen Banks!

Make money work for you. Plug into the pulse of online banking sites.
From online banking to credit cards, loans to mortgages, we pick 12 websites for each category helping you make the right decision for the right reasons.
Banks Mortgage-TOP
Bank Of America-Mortgage
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7.3
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For customers buying a new home or refinancing an existing home, they can rest assured with the mortgage bank services provided by Bank of America.  Customers can save time, stress and money with easy-to-understand home loan choices.
Mortgage Options: 6/10
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What range of mortgages is available on this site? Are there fixed rate, adjustable, FHAs, home equity or refinance options? We found out..
Talking ATMs Surprised
Bank of America offers the following home loans and related services: purchase agreements, refinancing, home equity and reverse mortgages. They have simplified all the categories and provide multiple mortgage options. This is a good showing on their part.
Navigation : 7/10
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How easy is it to navigate around the site? We tried and tested it out and graded..
The site is crisp and clean. Bank of America has formulated a professional layout with superb navigation between the pages. All the information is clear cut and easy to read. The signature red, white and blue of their site is their calling card and it’s 100% effective.
Mortgage Calculator: 6/10
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How easy is it to use the mortgage calculator? How quickly can I find out the borrowing rates by entering my details, amount and zip code? Is information for borrowers easy to find? We graded..
Under the tools and advice section there is an effective mortgage calculator. After some navigation we found all the right tools. This calculator provides an estimate on what the monthly principal and interest payment will be based on the loan amount, interest rate and loan term. The tool itself is a breeze to use.
Mortgage Content : 7/10
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How detailed are the mortgage descriptions? Is the information on mortgages easy to follow or written in complex jargon? Are the various mortgage options easy to compare and are breakdowns provided? We graded on content..

The descriptions of all the online mortgage rates options are well detailed and discussed. Everything is presented in just enough detail that it doesn’t overwhelm customers. Bank of America goes to great effort to make you feel like they care about each and every mortgage request. We graded them top marks.
Make your career
Innovation : 6/10
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Why is it different to other online banks? We graded on originality and innovation..
Bank of America.com/home-loans is at the forefront of the most competitive industry. With so much hi-tech innovation in website capabilities and loan options, these guys certainly set the benchmark and others simply follow.  Plus the mortgage section has been recently updated.
Social Options : 10/10
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How interactive is this site? Is there a Facebook Group? Twitter? RSS feeds? Linked In? Forum? We found out..
We could not locate any social options on the Bank of America mortgage section or main site.
Support : 10/10
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Can you contact the site with queries? This grades the email support, live chat and telephone contacts available to users..
There is a comprehensive and efficient customer support service offered by BoA. In addition to email, telephone, fax and online forms, they have meet-in-person options too. This is high-class service support.
Privacy : 7/10
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Is this site safe? Does the site protect my personal information? Is the privacy policy easy to find? Will this site bombard me with emails or share my details with other providers? Is this site recommended or verified by a regulator?.
Bank of America provides a clear-cut privacy policy with all the rules and regulations governing what type of personal information can be shared. Clients have the option to decide what to share with marketing companies.  Plus the site is fully encrypted and safe to use.

 
 
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Total Ranking:
7.00/10
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Choosing the right mortgage is quite difficult. With so many borrowing options available we at Dozen Banks have found the mortgage sites you need to know and those you need to avoid. Here is our selection for Online Mortgages..
Total Rank
Email Support
Telephone Support
Number of Pages
Software Speed
Mortgage Options
Navigation
Mortgage Calculator
Mortgage Content
Innovation
Social Options
Support
Privacy
Email Support
Line & Area chart
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3 months
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6 months
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1 year
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2 years
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All (5 years)
 

Web Address: https://www7.bankofamerica.com/home-loans
Country: US
Parent Company: Bank of America
Launched: 1904
Category: Mortgage

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Web Address: https://www7.bankofamerica.com/home-loans
Country: US
Parent Company: Bank of America
Launched: 1904
Category: Mortgage

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Mortgage-calc
Mortgage 101
Quicken Loans
Mortgage Calculator
Bank Of America-Mortgage
Mortgage.com
Yahoo Real estate
GMAC Mortgage
Sun Trust Mortgage
Mortgage Fit
Reverse Mortgage
Amerisave.com
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