Apply Now for a Home Equity Line of Credit
A home equity line of credit is a great way to lock in your available home appreciation and take advantage of all the benefits that a home equity credit line can offer.2 Please contact a Merrill Lynch Home LoansTM Representative to determine which home equity solution is best for you. (800) 854-7154.
Click here for Important Loan Disclosures.
1Relationship pricing discounts are only available to individuals (i.e. natural persons) who have a vested interest in the proposed mortgaged property. To be eligible for the closing cost credit, the client must transfer new assets totaling at least $250,000 (additional discounts may be available for higher asset levels) to Merrill Lynch Pierce, Fenner & Smith Incorporated (“MLPF&S”) or Bank of America, N.A. (“BANA”) prior to loan closing. To be eligible for the rate discount, the client must have assets totaling at least $250,000 (additional discounts may be available for higher asset levels) with MLPF&S or BANA prior to loan closing. Assets may be held in a combination of MLPF&S brokerage accounts, as well as accounts held at Bank of America. N.A. The client is not required to have any particular type of account to receive the relationship pricing discount. All assets are subject to verification for eligibility prior to closing.
IMPORTANT NOTE: You are NOT required to trade or hold securities or open or maintain a MLPF&S account in order to obtain relationship pricing for BANA mortgages. If you want to meet the balance threshold entirely through deposits, you are entitled to do so.
2Equity Access® funds may not be used to purchase, carry, or trade securities or repay debt incurred to purchase, carry or trade securities.
Bank of America, N.A., reserves the right to reduce or suspend your Equity Access® credit limit in the future for reasons set forth in your loan agreement, including but not limited to a significant decline in the value of your property or a material change in your financial circumstances.