How to Appeal Bank of America Mortgage Late Fees Effortlessly

How to Waive Bank of America Mortgage Late Fees Quickly

The average American pays over $160 in bank fees every year. Given the monthly maintenance fees that banks tend to charge for checking and savings accounts, if you get a once per year, you'll be paying more than the average American in bank fees.

You have a couple of options if you want to get your mortgage late fee from Bank of America waived. You can speak to customer service yourself, or you can use DoNotPay to get your money back quickly, easily, and successfully.

You can also turn to DoNotPay if you want to get other bank fees waived, like Bank of America overdraft fees or Bank of America ATM fees.

What Is a Mortgage Late Fee?

Mortgage late fees are late fees charged when you do not pay your mortgage within the grace period.

  • Typically, late fees are a percentage of the mortgage payment, and may be anywhere from 3 to 6%.
  • Most mortgage lenders give you a two-month grace period when you get the mortgage, and after those two months, money is due on the first.
  • That said, if your mortgage is due on the first of the month, you won't be charged a mortgage late fee unless your mortgage payment is not made by the 16th of the month with most banks.

Why Does Bank of America Charge Mortgage Late Fees?

to encourage borrowers to pay their mortgage on time. Note, Bank of America only gives you a nine-day grace period.

  • If your mortgage is through Bank of America and you have a BOA checking account, you will be charged a $6 to $25 service fee before you are charged a mortgage late fee if you pay between the 10th and the 15th.
  • How much you're charged depends on the type of checking account you have and your checking account balance.

Mortgage fees by bank

Bank of AmericaA $6 service fee, plus a possible percentage of the loan amount. This varies by contract.
Citizens BankVaries by contract
Union BankVaries by contract and state
Wells FargoVaries by contract and state

How Can I Avoid Paying a Bank of America Mortgage Late Fee?

You can avoid paying a Bank of America mortgage late fee by:

  1. Paying your mortgage a couple of days early if your mortgage is due on a Saturday, Sunday, or federal holiday. Be mindful of weekends.
  2. Visiting your local BOA branch and asking a CSR or their manager for a refund
  3. Calling BOA's customer service rep and asking for a refund
  4. Using DoNotPay to get your money back automatically

How Can I Get My Bank of America Mortgage Late Fee Waived On My Own?

You can get your Bank of America mortgage late fee waived on your own by calling customer service at 1-800-451-6362 and pleading with your case. You can reach a customer service representative between 8:00 AM and 9:00 PM EST from Monday to Thursday or 8:00 AM and 5:00 PM EST on Fridays.

That sounds like a lot of hassle, right?

DoNotPay has the perfect product if you can't go see a customer service rep in person, and you don't have time to wait in the phone queue. You can skip the queue and get a call from a CSR instead of waiting on the phone for them. Alternatively, you can use DoNotPay to get your late fee refunded without ever having to pick up the phone.

Turn to DoNotPay to Get Your Bank of America Mortgage Late Fee Refunded Quickly

If you can't afford to pay your mortgage on time, you certainly can't afford to pay your mortgage and late fees. Don't let Bank of America walk all over you and make even more money off of you than you're already paying in interest.

You can turn to DoNotPay to waive your mortgage late fees, as well as any other bank fees you are charged over the course of the month. The best part about using DoNotPay to get your money back is that it’s fast, easy and secure..

How to Get Bank of America Fees Waived Quickly with DoNotPay

If you want to get Bank of America mortgage late fees waived quickly, but you feel overwhelmed by the process, DoNotPay has your back. Just follow four simple steps:

  1. Open the DoNotPay Fight Bank Fees product.

  2. Enter the name of your bank.

  3. Verify the last 4 digits of your bank account.

  4. Choose which fees you want to waive, including overdraft, ATM, and transaction fees.

DoNotPay works across all companies with just a single button click

The world’s first robot attorney is perfect for getting refunds after Bank of America charges you mortgage late fees, ATM fees, and overdraft fees. You can use DoNotPay to waive any other fees charged by any other bank or credit card company. For instance, turn to DoNotPay if you don't want to pay:

Also, you can use the app any time you have banking questions, or feel like a big bank is treating you unfairly. Have you ever wondered?

Learn today with DoNotPay, then fight back against the big bank fees.

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