You are invited to use. Your invoice of this product does not imply you have been prequalified or pre-approved for any product or service we provide. This is not a dedication to provide; you need to send 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 respect to all service or products. Fiduciary standards or fiduciary responsibilities do not apply, for example, when the Bank is offering or supplying credit options, banking or custody services or referrals to other affiliates of the Bank.

1You are invited to apply for a Home Equity Line of Credit (HELOC). This is not a dedication to provide; you should send extra details for review and approval.

The term of a HELOC is thirty years: 10-year draw period, 20-year repayment duration. Residential or commercial property insurance is always required and flood insurance is required where needed. Certain residential or commercial property types are not qualified collateral. If you pick the Interest Only Option, throughout the Draw Period the minimum month-to-month payment will be the quantity of accrued interest, plus any unpaid 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 repay the outstanding balance in principal and interest payments over the remaining term at the suitable APR, based on a minimum payment of at least $100. The minimum line quantity is usually $25,000, however lines as low as $15,000 are available in specific places. Bank of America pays all closing expenses on lines up to and consisting of $1,000,000.

2 Please consult your tax consultant regarding 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 fixed month-to-month payments at a set interest rate. The minimum HELOC quantity that can be converted at account opening into a Fixed-Rate Loan Option is $5,000 and the optimum quantity that can be converted is restricted to 90% of the maximum line quantity. The minimum loan term is 1 year, and the optimum term will not go beyond the account maturity date.

Fixed-Rate Loan Option throughout loan term: You might convert all or a portion of your impressive HELOC variable-rate balance to a Fixed-Rate Loan Option, leading to 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 optimum term will not go beyond the account maturity date. No more than 3 Fixed-Rate Loan Options might be open at one time. Rates for the Fixed-Rate Loan Option are generally higher than variable rates on the HELOC.

HELOC funds may not be used to buy, 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 checking or cost savings account; by drawing and preserving an initial qualifying balance for a minimum of 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 preserve your subscription, in the Bank of America Preferred Rewards ® program if you have an active, eligible personal bank account with Bank of America ® and maintain the balance needed 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, 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 please the combined balance requirement for enrollment with either:
1. a three-month combined typical daily balance in your certifying deposit and investment accounts, or
2. an existing combined balance, offered that you register at the time you open your first eligible individual monitoring account and satisfy 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 calculation and get program advantages. Eligibility to register is generally available 3 or more organization days after the end of the calendar month in which you please the requirements. Benefits end up being efficient within 1 month of your registration, or for new accounts within one month of account opening, unless we show otherwise. Bank of America Private Bank clients certify to enlist in the Diamond Honors tier despite balances. Certain benefits are also offered without registering in Preferred Rewards if you satisfy balance and other requirements. For information on Bank of America worker 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 customized 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 offered to customers who are enrolled or are eligible to enlist in Preferred Rewards, based on their benefits tier at the submittal of home equity application (for co-borrowers, a minimum of one candidate 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 exempt to modification after the application is submitted. Benefit is non-transferable. Preferred Rewards home equity benefit can be integrated with certain other home equity rates of interest discount rates. Credit and security subject to approval. Terms apply. Programs, rates, terms subject to alter without notification.

Banking, mortgage and home equity items are offered by Bank of America, N.A., and connected banks, Members FDIC and wholly 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 go through change without notice.