Bank Of America Home Equity Line Of Credit Rates. Apply for a new home equity line of credit or other home loan. 1 an auto pay discount of 0 25 for setting up automatic payment at or prior to heloc account opening and maintaining such automatic payments from an eligible bank of america deposit account.
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When a mortgage balance is paid down and the market value of the home increases over time home equity is created. Apply for a new home equity line of credit or other home loan. Bank of america is for borrowers looking for high dollar helocs.
Bank of america is for borrowers looking for high dollar helocs.
The following discounts are available on a new home equity line of credit heloc. 1 an auto pay discount of 0 25 for setting up automatic payment at or prior to heloc account opening and maintaining such automatic payments from an eligible bank of america deposit account. 2 an initial draw discount of 0 05 for every 10 000 initially withdrawn at account opening up to 0 75 for initial draws of 150 000 or more when that minimum balance is maintained for at least the. Homeowners have a valuable asset at their fingertips known as home equity.
