Name of Fee Fee Description Fee Range

Mortgage Servicing Fees - Bank of America

Mortgage Servicing Fees

Name of Fee

Late charges

Fee Description

Fee Range

A late charge may be assessed if you do not

meet your mortgage payment deadline and are

Late charges are based on a contracted

amount, loan type and state regulations. The

unable to make your payment within the grace

amount charged will not be greater than what is

period.

permitted by the most restrictive of the contract

documents, the loan type and applicable state

legal restrictions. Please consult your loan

documents for more information.

Release Fees

A Reconveyance/Release Fee is a fee for

certain services involved in the preparation and

execution of documents necessary to reconvey

or release the security instrument.

If you pay off or refinance your loan, you may

incur a fee of up to $100 for the preparation of

the documents to release your lien (this is

sometimes called a reconveyance fee).

Recording Fees

A Recording Fee may be charged to record the

release of the lien.

The fee amount is based on the actual amount

charged by the county recorder.

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Bank of America, N.A. Member FDIC. Equal Housing Lender

? 2022 Bank of America Corporation. All rights reserved. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend.

Programs, rates, terms and conditions are subject to change without notice.



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