You are welcomed to apply. Your receipt of this product does not suggest you have actually been prequalified or pre-approved for any product or service we provide. This is not a commitment to provide; you should submit additional information for review 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 capacity with regard to all services or products. Fiduciary requirements or fiduciary duties do not use, for example, when the Bank is using or offering credit solutions, banking or custody services or referrals to other affiliates of the Bank.

1You are invited to make an application for a Home Equity Credit Line (HELOC). This is not a commitment to provide; you need to send additional info for evaluation and approval.

The regard to a HELOC is 30 years: 10-year draw duration, 20-year payment period. Residential or commercial property insurance coverage is always required and flood insurance coverage is required where necessary. Certain residential or commercial property types are not qualified collateral. If you select the Interest Only Option, throughout the Draw Period the minimum month-to-month payment will be the quantity of accumulated interest, plus any unsettled costs. Under the Amortizing Payment Option, the variable minimum monthly payment for both the Draw Period and the Repayment Period will be an amount sufficient to repay the outstanding balance in principal and interest payments over the remaining term at the relevant APR, subject to a minimum payment of a minimum of $100. The minimum line quantity is typically $25,000, but lines as low as $15,000 are offered in particular places. Bank of America pays all closing expenses on lines up to and including $1,000,000.

2 Please consult your tax advisor concerning interest deductibility.

3 Fixed-Rate Loan Option at account opening: You might convert a withdrawal from your home equity line of credit (HELOC) account into a Fixed-Rate Loan Option, leading to repaired regular monthly payments at a set rate of interest. The minimum HELOC quantity that can be converted at account opening into a Fixed-Rate Loan Option is $5,000 and the maximum 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 surpass the account maturity date.

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

HELOC funds might not be utilized to purchase, bring or trade securities or repay debt sustained to buy, carry or trade securities.

4 Lower your interest rate when you set up automatic payments at account opening from your Bank of America checking or cost savings account; by drawing and preserving an initial qualifying balance for at least 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 subscription, in the Bank of America Preferred Rewards ® program if you have an active, qualified personal checking 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, qualifying Bank of America deposit accounts (such as inspecting, cost 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 integrated typical daily balance in your qualifying deposit and investment accounts, or
2. a present combined balance, offered that you enlist at the time you open your very first qualified personal bank account and please the balance requirement at the end of at least one day within thirty days of opening that account.

Refer to your Personal Schedule of Fees for information on accounts that certify towards the combined balance calculation and receive program benefits. Eligibility to register is typically offered three or more business days after the end of the calendar month in which you please 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 indicate otherwise. Bank of America Private Bank customers certify to enlist in the Diamond Honors tier regardless of balances. Certain advantages are likewise available without enrolling in Preferred Rewards if you satisfy balance and other requirements. For details on Bank of America staff member certification requirements, please call Employee Financial Services or describe the Bank of America intranet website. Employees of companies taking part 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 Line of Credit. Home Equity Credit Line (HELOC) rate of interest discounts are used to clients who are enrolled or are qualified to register in Preferred Rewards, based upon their rewards tier at the submittal of home equity application (for co-borrowers, a minimum of one applicant should be enrolled 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 rewards tier at the submittal of home equity application and is not subject to change after the application is sent. Benefit is non-transferable. Preferred Rewards home equity advantage can be integrated with specific other home equity interest rate discount rates. Credit and collateral subject to approval. Conditions use. Programs, rates, terms and conditions subject to alter without notice.

Banking, mortgage and home equity items are offered by Bank of America, N.A., and associated banks, Members FDIC and entirely owned subsidiaries of Bank of America Corporation. Bank of America, N.A. Equal Housing Lender. Credit and security undergo approval. Conditions apply. This is not a dedication to lend. Programs, rates, terms and conditions undergo alter without notification.