Who took over Washtenaw mortgage Company?

Who took over Washtenaw mortgage Company?

GenStone Financial
On Nov. 11, the holding company had announced it would sell the mortgage company to GenStone Financial, a division of GenStone Acquisition Co.

Does prequalifying for a mortgage affect your credit?

Can a Mortgage Prequalification Affect Your Credit? As long as the mortgage prequalification only asks you to share an estimated credit score, or the lender checks your credit with a soft pull, your credit won’t be affected.

Does Bank of America have good mortgage rates?

Is Bank of America good for mortgages? Bank of America is a good option for a mortgage or refinance. It may not stand out for customer service (though it scores “above-average” in JD Power’s 2020 customer survey), but it does have lower rates on average than many other big lenders.

How do I pay my Bank of America Mortgage by phone?

Another option is to call the Bank of America mortgage payment phone number at 800-669-6607 and follow the automated prompts to make a payment using your checking account.

What happened to Washtenaw mortgage?

On Nov. 11, Washtenaw Group announced it would sell the mortgage company to GenStone, a division of GenStone Acquisition Co. Inc., for an infusion of $1.5 million in cash. The deal was in exchange for 6 million shares of newly issued stock.

Is guaranteed rate wholesale?

Retail, wholesale: What’s the plan? The acquisition also allows Guaranteed Rate’s wholesale channel to complement the company’s multichannel distribution vision. The pending acquisition comes at a time when Guaranteed Rate reported its best production year ever, funding over $73 billion in loans in 2020.

Does pre approval mean approved?

What Does it Mean to be Pre-Approved? Being pre-approved means you’ve actually been approved by a lender for a specific loan amount. When pre-approved, you will receive a letter that states your approved loan amount.

How hard is it to get a mortgage through Bank of America?

For a conventional loan through Bank of America, borrowers generally need a minimum credit score of 620 and can put as little as 3 percent down. To qualify for a 3 percent down payment or up to 97 percent loan-to-value (105 percent combined loan-to-value), the borrower must meet income limits.

How do I pay my mortgage with Bank of America?

There are several ways you can make a payment:

  1. Transfer funds using Online Banking.
  2. Set up automatic payments online or at any financial center.
  3. Use Bill Pay to make monthly payments.
  4. Call us at 800.934. 5626 (Mon-Fri 8am-9pm EST)