You are invited to apply. Your invoice of this product does not mean you have been prequalified or pre-approved for any product and services we provide. This is not a dedication to provide; you need to send additional details for review 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 capacity with respect to all product and services. Fiduciary requirements or fiduciary duties do not apply, for instance, when the Bank is providing or offering credit services, banking or custody services or recommendations to other affiliates of the Bank.

1You are welcomed to request a Home Equity Line of Credit (HELOC). This is not a commitment to lend; you need to send additional information for review and approval.

The term of a HELOC is 30 years: 10-year draw duration, 20-year payment duration. Residential or commercial property insurance is constantly required and flood insurance is needed where required. Certain residential or commercial property types are not qualified collateral. If you pick the Interest Only Option, during the Draw Period the minimum month-to-month payment will be the quantity of accumulated interest, plus any unpaid costs. Under the Amortizing Payment Option, the variable minimum regular monthly payment for both the Draw Period and the Repayment Period will be a quantity sufficient to pay back the impressive balance in principal and interest payments over the remaining term at the appropriate APR, based on a minimum payment of at least $100. The minimum line quantity is normally $25,000, but lines as low as $15,000 are available in particular locations. Bank of America pays all closing expenses on lines up to and including $1,000,000.

2 Please consult your tax consultant concerning 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, leading to repaired monthly 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 optimum quantity that can be transformed is restricted to 90% of the maximum line quantity. The minimum loan term is 1 year, and the maximum term will not go beyond the account maturity date.

Fixed-Rate Loan Option during loan term: You might transform all or a portion of your exceptional HELOC variable-rate balance to a Fixed-Rate Loan Option, leading to repaired month-to-month payments at a fixed rate of interest. The minimum outstanding 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 maximum 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 usually higher than variable rates on the HELOC.

HELOC funds may not be used to purchase, bring or trade securities or repay debt incurred to purchase, carry or trade securities.

4 Lower your rates of interest when you set up automatic payments at account opening from your Bank of America inspecting or cost savings account; by drawing and keeping an initial certifying balance for at least the first 3 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 enroll, and maintain your membership, in the Bank of America Preferred Rewards ® program if you have an active, eligible individual bank account with Bank of America ® and keep 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 typical everyday balance in your qualifying deposit and financial investment accounts, or
2. an existing combined balance, provided that you enlist at the time you open your first eligible personal bank account and satisfy 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 details on accounts that qualify towards the combined balance computation and receive program advantages. Eligibility to enlist is normally offered three or more company days after completion of the calendar month in which you satisfy the requirements. Benefits end up being effective within 30 days of your enrollment, or for new accounts within 30 days of account opening, unless we suggest otherwise. Bank of America Private Bank customers certify to enlist in the Diamond Honors tier despite balances. Certain advantages are likewise readily available without registering in Preferred Rewards if you please balance and other requirements. For details on Bank of America staff member certification requirements, please call Employee Financial Services or refer to the Bank of America intranet site. Employees of companies participating in the Bank of America Employee Banking and Investing Program may be qualified to get involved on customized terms. Describe CEBI Program for details.

6 Preferred Rewards Home Equity Line of Credit. Home Equity Line of Credit (HELOC) interest rate discount rates are used to customers who are registered or are eligible to register in Preferred Rewards, based on their benefits tier at the submittal of home equity application (for co-borrowers, a minimum of one applicant needs to be registered or eligible 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 on the rewards tier at the submittal of home equity application and is exempt to adjustment after the application is sent. Benefit is non-transferable. Preferred Rewards home equity benefit can be combined with particular other home equity rate of interest discount rates. Credit and collateral subject to approval. Conditions apply. Programs, rates, conditions subject to alter without notification.

Banking, mortgage and home equity products are offered by Bank of America, N.A., and affiliated banks, Members FDIC and entirely owned subsidiaries of Bank of America Corporation. Bank of America, N.A. Equal Housing Lender. Credit and collateral are subject to approval. Terms and conditions use. This is not a dedication to lend. Programs, rates, terms and conditions are subject to change without notification.