Bank of America/Countrywide REO Prequalification Rule - 06/24/09 04:05 AM
I have a buyer that has been preapproved through a local lender and recently found a Bank of America REO.  The MLS listing states that the buyer must submit a prequal letter from Bank of America with the offer.  I find this to be too time consuming and frustrating for my client, who already has his financing in place.
Firstly, I don't know any Bank of America loan officers in the Tyler area to refer him to to get pre-qualified.  I did go online and referred him to a link to get prequalified but only to get a referral to someone … (4 comments)

 

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