You are welcomed to use. Your invoice of this product does not imply you have been prequalified or pre-approved for any product and services we offer. This is not a commitment to provide; you should submit additional info for evaluation and approval.

Merrill Lynch, Pierce, Fenner & Smith Inc., does not make dedications for or fund loans. Bank of America, N.A., (the "Bank") does not serve in a fiduciary capability with regard to all service or products. Fiduciary requirements or fiduciary tasks do not apply, for example, when the Bank is using or supplying credit options, banking or custody services or referrals to other affiliates of the Bank.

1You are welcomed to apply for a Home Equity Credit Line (HELOC). This is not a dedication to lend; you must submit additional information 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 is constantly required and flood insurance is needed where needed. Certain residential or commercial property types are not qualified collateral. If you select the Interest Only Option, during the Draw Period the minimum month-to-month payment will be the quantity of accrued interest, plus any unsettled costs. Under the Amortizing Payment Option, the variable minimum month-to-month payment for both the Draw Period and the Repayment Period will be an amount adequate to pay back the exceptional balance in principal and interest payments over the remaining term at the relevant APR, subject to a minimum payment of at least $100. The minimum line amount is typically $25,000, but lines as low as $15,000 are offered in certain places. Bank of America pays all closing costs on lines up to and including $1,000,000.

2 Please consult your tax advisor relating to interest deductibility.

3 Fixed-Rate Loan Option at account opening: You may convert a withdrawal from your home equity line of credit (HELOC) account into a Fixed-Rate Loan Option, leading to fixed monthly payments at a set rates of interest. The minimum HELOC quantity that can be transformed at account opening into a Fixed-Rate Loan Option is $5,000 and the optimum quantity that can be converted is limited to 90% of the optimum line amount. The minimum loan term is 1 year, and the optimum term will not exceed the account maturity date.

Fixed-Rate Loan Option throughout loan term: You might transform all or a part of your exceptional HELOC variable-rate balance to a Fixed-Rate Loan Option, resulting in repaired month-to-month payments at a fixed 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 more than three Fixed-Rate Loan Options may be open at one time. Rates for the Fixed-Rate Loan Option are generally higher than variable rates on the HELOC.

HELOC funds might not be utilized to acquire, carry or trade securities or repay debt incurred to purchase, carry 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 a preliminary certifying balance for at least the first 3 billing cycles; and when you're registered in Bank of America's Preferred Rewards program at the time of application submission.

5 Preferred Rewards Program Eligibility: You can register, and keep your subscription, in the Bank of America Preferred Rewards ® program if you have an active, qualified individual bank account with Bank of America ® and preserve the balance needed for one of 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 bank account (such as examining, savings, certificate of deposit) and/or your Merrill financial investment accounts (such as Cash Management Accounts, 529 Plans). You can satisfy the combined balance requirement for registration with either:
1. a three-month combined typical everyday balance in your certifying deposit and investment accounts, or
2. a current combined balance, provided that you register at the time you open your very first qualified individual bank account and please the balance requirement at the end of a minimum of one day within thirty days of opening that account.

Describe your Personal Schedule of Fees for information on accounts that qualify towards the combined balance estimation and get program advantages. Eligibility to register is generally readily available 3 or more service days after the end of the calendar month in which you satisfy the requirements. Benefits become reliable within 30 days of your enrollment, or for brand-new accounts within thirty days of account opening, unless we suggest otherwise. Bank of America Private Bank customers qualify to enlist in the Diamond Honors tier no matter balances. Certain benefits are also readily available without registering in Preferred Rewards if you satisfy balance and other requirements. For details on Bank of America employee qualification requirements, please call Employee Financial Services or refer to the Bank of America intranet site. Employees of business taking part in the Bank of America Employee Banking and Investing Program may be eligible to get involved on tailored terms. Refer to CEBI Program for details.

6 Preferred Rewards Home Equity Line of Credit. Home Equity Line of Credit (HELOC) rates 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, a minimum of one candidate should be registered or qualified to enroll). Amount of discount rate (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 upon the benefits tier at the submittal of home equity application and is exempt to adjustment after the application is submitted. Benefit is non-transferable. Preferred Rewards home equity advantage can be combined with certain other home equity interest rate discounts. Credit and security subject to approval. Terms apply. Programs, rates, terms and conditions subject to change without notification.

Banking, mortgage and home equity items are supplied by Bank of America, N.A., and associated 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 provide. Programs, rates, terms and conditions undergo change without notification.