You are invited to apply. Your invoice of this product does not imply you have been prequalified or pre-approved for any service or product we provide. This is not a dedication to provide; you must submit extra information for evaluation and approval.

Merrill Lynch, Pierce, Fenner & Smith Inc., does not make commitments for or fund loans. Bank of America, N.A., (the "Bank") does not serve in a fiduciary capability with regard to all product and services. Fiduciary requirements or fiduciary responsibilities do not use, for example, when the Bank is offering or providing credit services, banking or custody services or referrals to other affiliates of the Bank.

1You are welcomed to request a Home Equity Line of Credit (HELOC). This is not a dedication to provide; you must submit additional info for evaluation and approval.

The regard to a HELOC is 30 years: 10-year draw duration, 20-year repayment period. Residential or commercial property insurance coverage is always needed and flood insurance coverage is required where necessary. Certain residential or commercial property types are not qualified collateral. If you pick the Interest Only Option, throughout the Draw Period the minimum monthly payment will be the quantity of accumulated interest, plus any overdue fees. Under the Amortizing Payment Option, the variable minimum monthly payment for both the Draw Period and the Repayment Period will be a quantity sufficient to pay back the outstanding balance in principal and interest payments over the staying term at the suitable APR, subject to a minimum payment of at least $100. The minimum line quantity is usually $25,000, however lines as low as $15,000 are offered in specific areas. Bank of America pays all closing costs on lines up to and consisting of $1,000,000.

2 Please consult your tax consultant relating to interest deductibility.

3 Fixed-Rate Loan Option at account opening: You might transform a withdrawal from your home equity line of credit (HELOC) account into a Fixed-Rate Loan Option, resulting in repaired month-to-month payments at a fixed rates of interest. The minimum HELOC amount that can be converted at account opening into a Fixed-Rate Loan Option is $5,000 and the maximum amount that can be converted is restricted to 90% of the maximum line amount. The minimum loan term is 1 year, and the maximum term will not go beyond the account maturity date.

Fixed-Rate Loan Option throughout loan term: You may convert all or a portion of your exceptional HELOC variable-rate balance to a Fixed-Rate Loan Option, resulting in fixed month-to-month payments at a set rates of interest. The minimum impressive balance that can be converted into a Fixed-Rate Loan Option is $5,000 from an existing HELOC account. The minimum loan term is 1 year, and the maximum term will not exceed the account maturity date. No greater than 3 Fixed-Rate Loan Options might be open at one time. Rates for the Fixed-Rate Loan Option are usually greater than variable rates on the HELOC.

HELOC funds might not be used to acquire, carry or trade securities or pay back debt incurred to purchase, bring or trade securities.

4 Lower your interest rate when you established automated payments at account opening from your Bank of America examining or savings account; by drawing and maintaining an initial certifying balance for a minimum of the first three billing cycles; and when you're enrolled in Bank of America's Preferred Rewards program at the time of application submission.

5 Preferred Rewards Program Eligibility: You can enlist, and maintain your membership, in the Bank of America Preferred Rewards ® program if you have an active, qualified personal monitoring account with Bank of America ® and preserve the balance required for among the balance tiers. The balance tiers are $20,000 for the Gold tier, $50,000 for the Platinum tier, $100,000 for the Platinum Honors tier and $1,000,000 for the Diamond Honors tier. Balances include your combined, certifying Bank of America deposit accounts (such as checking, cost savings, certificate of deposit) and/or your Merrill investment accounts (such as Cash Management Accounts, 529 Plans). You can satisfy the combined balance requirement for enrollment with either:
1. a three-month combined average daily balance in your certifying deposit and investment accounts, or
2. an existing combined balance, supplied that you enroll at the time you open your very first eligible personal monitoring account and please the balance requirement at the end of a minimum of one day within 30 days of opening that account.

Describe your Personal Schedule of Fees for information on accounts that qualify towards the combined balance calculation and receive program advantages. Eligibility to enroll is normally available three or more organization days after completion of the calendar month in which you satisfy the requirements. Benefits end up being efficient within 30 days of your enrollment, or for new accounts within 1 month of account opening, unless we show otherwise. Bank of America Private Bank customers qualify to enroll in the Diamond Honors tier despite balances. Certain benefits are likewise offered without enrolling in Preferred Rewards if you satisfy balance and other requirements. For details on Bank of America worker certification requirements, please call Employee Financial Services or refer to the Bank of America intranet website. Employees of business participating in the Bank of America Employee Banking and Investing Program may be eligible to participate on tailored terms. Refer to CEBI Program for details.

6 Preferred Rewards Home Equity Credit Line. Home Equity Credit Line (HELOC) rate of interest discount rates are provided to clients who are registered or are qualified to enlist in Preferred Rewards, based upon their benefits tier at the submittal of home equity application (for co-borrowers, at least one candidate needs to be registered or qualified to register). Amount of discount (0.125% for Gold tier, 0.250% for Platinum tier, 0.375% for Platinum Honors tier, and 0.625% for Diamond Honors tier) is based on the benefits tier at the submittal of home equity application and is not subject to adjustment after the application is sent. Benefit is non-transferable. Preferred Rewards home equity benefit can be combined with particular other home equity interest rate discount rates. Credit and collateral topic to approval. Terms and conditions use. Programs, rates, conditions subject to change without notification.

Banking, mortgage and home equity items are supplied by Bank of America, N.A., and affiliated banks, Members FDIC and completely owned subsidiaries of Bank of America Corporation. Bank of America, N.A. Equal Housing Lender. Credit and security go through approval. Conditions use. This is not a commitment to lend. Programs, rates, terms undergo alter without notification.