Home equity line of credit transfer A smart way to consolidate higher interest-rate debt Save time and use your low-rate Bank of America home equity line of credit (HELOC) Footnote [1] to finance home improvements, pay for education or consolidate higher interest-rate debt. Use your available...
How can I access the money in my Bank of America HELOC? How do I make a payment to my HELOC? Can I fix the interest rate on all or part of my HELOC? See all home equity FAQs > Home equity basics The more equity you have, the more options will be available to you.Evaluating the...
(HELOC) account into a Fixed-Rate Loan Option, resulting in fixed monthly payments at a fixed interest rate. The minimum HELOC amount that can be converted at account opening into a Fixed-Rate Loan Option is $5,000 and the maximum amount that can be converted is limited to 90% of the ...
If you get a Bank of America HELOC, you won’t pay any application fee, closing costs or annual fees. There are also no fees if you choose to convert your HELOC to a fixed-rate loan. The only fee charged is an early termination fee of $450 if you close your account within three ...
Refer to bankofamerica.com/savings for current rates. 8 Preferred Rewards Home Equity Line of Credit. Home Equity Line of Credit (HELOC) interest rate discounts are offered to clients who are enrolled or are eligible to enroll in Preferred Rewards, based on their rewards tier at the ...
2 Certain banking and brokerage accounts may be ineligible for real-time money movement, including but not limited to transfers to/from bank IRAs (CD, Money Market), 529s, Bank of America Advantage SafeBalance Banking™, Credit Cards and transfers from IRAs, Loans (HELOC, LOC, Mortgage) an...
Interest rate booster on a Bank of America Advantage Savings account6 HOME EQUITY 0.625% Interest rate discount on a new home equity line of credit.7 AUTO LOAN 0.50% Interest rate discount for new loan applications submitted directly to Bank of America8 ...
Refinance for a better rate or get cash out up to 80% of your property’s value. Bank statement home equity loan: Use a bank statement HELOAN or HELOC to access your home’s equity for anything from debt consolidation to home renovations. ...
Find the latest Bank of America Advantage Banking checking bonus, promotions, and offers here. Currently, Bank of America is offering a $300 bonus offer when opening an eligible checking account and meet required qualifications. Click here to learn more. Update 11/26/24: The Bank of America ...
Important Notice regarding Transfers from a Home Equity Line of Credit (“HELOC”). Funds transferred from your HELOC are considered advances on your credit line. There are no Loan Advance Transaction Fees charged when drawing from your HELOC account. However, each advance you request from your ...