Bank of America and BeJane.com have teamed up to show you an innovative way to help create your dream home. On this page you'll find all sorts of resources telling you about the advantages of a Bank of America Home Equity Line of Credit. A Home Equity Line of Credit uses the equity in your home to get cash for various home improvements. BeJane.com is about doing it yourself but with a Home Equity Line of Credit now you can get a helping hand from your own home. |
 Ready for home improvements? $40,000 for $283/month.Click here. Use your home's equity— $60,000 for $425/month. Click here. No fees & no paperwork to apply. Home Equity Line of Credit. Apply Now! |
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Creating Your Dream Home: How a Home Equity Line of Credit can make it happen. More Webisodes and Related Articles Coming Soon! |
THE VARIABLE ANNUAL PERCENTAGE RATE (APR) IS 7.74% FOR A NEW HOME EQUITY LINE OF $100,000 WITH A COMBINED LOAN TO VALUE (CLTV) RATIO OF UP TO 80% ON A 1-4 FAMILY OWNER-OCCUPIED HOME. APR includes a .25% discount for having an eligible relationship account, a 25% discount for a balance transfer of at least $25,000 at closing, and a .25% discount for auto-debit from a Bank of America account. APR will be higher if discounts not selected. APR IS BASED ON THE WALL STREET JOURNAL PRIME RATE [8.25% AS OF 03/01/07]PLUS OR MINUS A MARGIN, AND WILL VARY AS THE PRIME RATE VARIES, BUT WILL NOT EXCEED 24% (18% IN TX). INSURANCE IS REQUIRED. (For Texas lines only: The maximum CLTV is 80% and the maximum LTV on the line of credit is 50%. The minimum advance amount on the line is $4,000. Minimum draw discount is not available.) RATES AND TERMS MAY VARY BY STATE AND ARE SUBJECT TO CHANGE WITHOUT NOTICE. BANK OF AMERICA PAYS ALL CLOSING COSTS ON LINES AND LOANS UP TO AND INCLUDING $500,000. BANK ALSO PAYS UP TO $300 TOWARD ATTORNEY FEES IN SC. (Bank pays all closing costs in TX.). Late fees and returned payment charges apply, except in Texas. CREDIT IS SUBJECT TO APPROVAL. Other restrictions apply. PLEASE CONTACT BANK OF AMERICA FOR CURRENT RATE INFORMATION AND OTHER DETAILS.
THE EQUITY CREDIT LINE VISA(R) ACCESS CARD IS NOT AVAILABLE IN CT, ID, NY, TX, WA. VISA IS A REGISTERED TRADEMARK OF VISA INTERNATIONAL SERVICES ASSOCIATION PLEASE CONSULT YOUR TAX ADVISOR AND IRS PUBLICATION 936 (HOME MORTGAGE INTEREST DEDUCTION) REGARDING INTEREST DEDUCTIBILITY.
