bank of america auto loan

Bank of America Auto Loan – Eligibility & Application process

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Bank of America is one of the most popular Auto Loan provider for cars, bikes, pickups and every other vehicle. Anybody who meets the eligibility criteria can get a loan from the bank. BOA offers loan for both new and resale vehicles.

Bank of America Auto Loan
Every Detail about auto loan by bank of america

Bank of America Auto Loan Details :

Eligibility Criteria :

The eligibility to get the loan depends on the following factors:

Age : The loan applicant must be 18 years or above to apply for the Auto Loan. Alabama or Nebraska states have a minium age criteria of 19 years.

Living Status in U.S : Applicant should be living in U.S and must be either a Citizen or Resident – Alien / Non – Resident Alien.

Valid Credit Score : The Applicant should have a valid Credit score. If it is freezed, the applicant must unfreeze it with Equifax, TransUnion and Experian.

Minimum Loan Amount : An applicant should apply for a minimum claim of 7500 $.

Different Types of Auto loan options you can apply for

  1. Automotive vehicle Dealer Purchase : For new vehicles that are available through Car Dealer.
  2. Refinance : When a customer changes or shifts the loan provider.
  3. Lease Buyout : For the auto vehicles which are on lease.
  4. Private Owner : For the car buyers who are planning to buy through another private owner.

Here are steps to apply Bank Of America Auto Loan (Online and Offline)

Online Application

To send an online application to get the Auto loan by Bank Of America, follow below steps.

  1. Access the Loan Application form using this link.
  2. Select the Type of Loan for application.
  3. Enter your basic details and proceed with the on screen instructions.
  4. After filling the details, submit the application.
  5. That’s it.Note down the request ID.

Url to apply for Bank of America Auto Loan – BOA Auto loan online application form

Offline Application

Bank of America offers possibility of offline application in case If you cannot access the internet or have any reason for not applying through internet.

  1. Search for the nearest branch using the official BOA Branch locator.
  2. Take your official documents and identity cards
  3. Visit the located branch address.

How to Track the status of your Auto Loan Application to Bank of America

  1. Click this link to access the Bank of America Loan application database.
  2. Enter the following information:
    • Date of Birth
    • Maiden name of applicant’s mother.
    • SSN Number.
  3. Click on Continue to fetch the application status.
  4. You will get the details.

If you still have doubts or any query, just call on their contact numbers.

Customer Care of Bank of America : 844.892.6002

Support Timings:

Monday to Friday – 9 a.m to midnight (ET)

Saturday – 9 a.m to 8 p.m (ET)