Glossary

Unapplied Funds

When your entire payment or a portion of your payment received by Bank of America may be placed into a Suspense account.

See the How does a suspense account work? FAQ in the Making mortgage payments section on our FAQ page.

When your entire payment or a portion of your payment received by Bank of America may be placed into a Suspense account.

See the How does a suspense account work? FAQ in the Making mortgage payments section on our FAQ page.

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