somebody has to provide a title policy to bank of america, so at the very least you'll need to work with a title company.
as to the law...i don't know the answer to that.
as to the law...i don't know the answer to that.
If your present loan is with B of A and your new loan will be with B of A, are you doing this refinance as part of the special refinance program that exists??? or, are you applying for a new mortgage.
If your present B of A loan is owned by Fannie Mae or Freddie Mac (B of A is the servicer, not the owner), you just call B of A and ask them what the rate will be to refinance. In that case, you probably do not need an attorney and you do not have to pay the NY mortgage tax. B of A tells you what to do.
If you are just applying without going through this special rogram, you need a title company or an attorney and the bank often has its own attorney for NY closings.
If your present B of A loan is owned by Fannie Mae or Freddie Mac (B of A is the servicer, not the owner), you just call B of A and ask them what the rate will be to refinance. In that case, you probably do not need an attorney and you do not have to pay the NY mortgage tax. B of A tells you what to do.
If you are just applying without going through this special rogram, you need a title company or an attorney and the bank often has its own attorney for NY closings.
