Payments are predictable and stable, and this option can protect you from rising interest rates. Low variable rate with the option to borrow only what you need, up to your credit limit NA NA % Variable rates as low as Prime Default Value % 2. Banking, credit card, automobile loans, mortgage and home equity products are provided by Bank of America, N.A. Bank of America is accredited with the Better Business Bureau and holds an A+ rating for its customer interaction. A free inside look at company reviews and salaries posted anonymously by employees. Narrator: When life gets complicated, Bank of America helps keep it simple. If you opt out, though, you may still receive generic advertising. Equal Housing Lender new window. Mortgage rates valid as of 15 Jan 2021 10:20 am EST and assume borrower has excellent credit (including a credit score of 740 or higher). The BBB has recorded 5,739 complaints in the last three years, all of which were addressed by the banking giant. Headquartered in North Carolina and founded in 1904, Bank of America is a direct lender that qualifies potential borrowers based on their credit score, employment history, and outstanding debt. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. Credit and collateral are subject to approval. Before you decide if refinancing is the right choice for you, take a look at some of the details. Please consult your tax advisor regarding interest deductibility as tax rules may have changed. You understand that you are not required to consent to receiving autodialed calls/texts as a condition of purchasing any Bank of America products or services. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. An index is a financial indicator used by banks to set rates on many consumer loan products. Submit your secure application online — there’s no fee and no obligation, and it only takes about 15 minutes. Find another loan officer to help you with a mortgage refinance. Wow, your first house. Find out how much you can borrow before you start looking for a house. No. Credit and collateral are subject to approval. Learn more about home equity at Better Money Habits. Hey honey. Programs, rates, terms and conditions are subject to change without notice. Narrator: Bank of America’s Digital Mortgage makes it simple and easy to apply for your mortgage online and on your time. Tips for buying and selling a house, Second home? $215,000. Bank of America Mortgage & Home Equity customer service information is designed to make your banking experience easy and efficient. ET. As the second largest bank in the country, Bank of America offers HELOCs on properties in all 50 states, plus Washington, D.C.  On top of that, if you want to convert a portion of your HELOC to a fixed-rate loan, there’s no fee for that, either. Bank of America does not charge closing costs or origination fees for a new home equity line of credit account, so long as the credit line does not exceed $1 million. If you opt out, though, you may still receive generic advertising. Use the Up and Down arrow keys to adjust the volume. Any cellular/mobile telephone number you provide may incur charges from your mobile service provider. If you prefer that we do not use this information, you may opt out of online behavioral advertising. Find another loan officer to help you with a mortgage refinance. This is not a commitment to lend. If approved, you can enjoy the convenience of closing at a financial centerfinancial center of your choice. With this loan, you can review loan options and select features that matter to you…ranging lower! 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