You may have your best luck using a local/regional lender vs. a national loan mill like BoA, etc.If all else fails, a CPA could probably answer this question in less than 2 minutes. 

Going with a major bank like BOA is not going to offer you the best rates and terms as the local lenders have more incentive to maintain your business. 

Attorney is writing a letter to reiterate my objection, but feel BOA will rely on the DOT language. 

Yup, BOA is the worst on just about everything 

i went into contract on a short sale property in Essex County NJ.everything looked fine until we found out that there is a second note on the property originated by BOA We have reached out to Bank of America to inquire about this lien, and they informed us that servicing of the mortgage was transferred to Fay Servicing back in 2015.

My tenants use Zelle - through BOA.

So BoA is starting to promote a programs in 5 cities around the country where they will only use income and payment history of phone, utilities,  past rent payments and few other unwriting practices to qualify a buyer.  

They tend to be much more flexible than the big companies (BoA, WF, etc.).

My first property I used BOA, but I would like to start building relationships with local banks.

My Current Home/Equity:-I owe approximately $139k-House worth $390k - $415k-I earn $57k (Special Education Teacher)What BoA offered me:-$135k HELOC-8.006% fixed for 10 years-Payments of $800 if I pull $70k