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Bank of America UPS Hypo Loans
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<blockquote data-quote="Six Sides" data-source="post: 731851" data-attributes="member: 9782"><p><span style="font-family: 'Times New Roman'"><span style="font-size: 12px">Received a letter today from Bank of America, in reference to my hypo loan. Since Bank of America has acquired Merrill Lynch all UPS hypo loans will we cancelled with an option to have the loan renewed with Merrill Lynch. The problem is Merrill Lynch wants to charge a $1000 facility fee to do the transfer. Their interest rate is good but the startup fee is absurd. Has anyone found any better deals on hypo loans</span></span></p></blockquote><p></p>
[QUOTE="Six Sides, post: 731851, member: 9782"] [FONT=Times New Roman][SIZE=3]Received a letter today from Bank of America, in reference to my hypo loan. Since Bank of America has acquired Merrill Lynch all UPS hypo loans will we cancelled with an option to have the loan renewed with Merrill Lynch. The problem is Merrill Lynch wants to charge a $1000 facility fee to do the transfer. Their interest rate is good but the startup fee is absurd. Has anyone found any better deals on hypo loans[/SIZE][/FONT] [/QUOTE]
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