Home sellers prefer name bank JCP, BOA, C etc that stand behind its rigorous qualifications.

BOA=forget about it.

Now if you owned a restaurant, you wouldn't need to accommodate someone's ESA boa constrictor because you wouldn't be covered under HUD. 

BOA, Citizens, etc.  

You'd get a few quotes.Submit a loan application with a national bank like a BOA or Chase, then a local credit union and (my personal favorite) a loan originator.

You haven't mentioned your credit and I understand that lending is "tight" but it seems like you should be able to get some kind of loan, even if its not from Wells or BOA, with a little more money than the standard 20% down.  

The 2nd mortgage, and the HOA, along with BOA on the first,can both come after you for any shortages if it goes to foreclosure sale.

yes it is owned by Bank of America.... i think ill key an eye out for the sale but won't pursue it any further being that BOA does not really take shorts on bank owned properties in this zip code its HOT!!...

To summarize, it sounds like even though BoA is able to provide a better interest rate on the surface, my best option is likely to continue working with my investor friendly broker to craft a loan that fits my needs. 

(His mother had passed away many years ago)We found dead dogs  left behind in our homes, starved to death.We found a boa constructor....creepy since the house was pitch black in darkness when we went in to check things out.