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  1. Take advantage of a low home equity line of credit rate. Interest rate discounts available. Apply online at Bank of America.

  2. Estimate monthly payments and rates for a HELOC based on your property value, line of credit amount, and other factors. Learn about interest rate discounts, fixed-rate options, and home equity basics.

  3. Bank of America offers home equity lines of credit (HELOCs) with a minimum line amount of $25,000 (with $15,000 in some locations) and a maximum line amount of $1 million. The HELOCs have...

  4. Good for: Borrowers who seek to tap into the equity of their homes through a national bank that offers several rate discount options and charges no annual fee.

  5. Learn how to apply for a home equity line of credit (HELOC) from Bank of America and what to expect during the application, review, closing and line usage stages. Find out the documents, information and resources you need to complete the process and access your funds.

  6. Curious about financing a home or leveraging the equity in your current home? Feel confident knowing your financing options. We can help guide you before you begin the journey of buying, refinancing or using your home’s equity.

  7. Home's Equity. Through Bank of America, you can generally borrow up to 85% of the value of your home minus the amount you still owe. On screen copy: Bank of America ® logo Value of home Mortgage balance HELOC. For example, say your home's appraised value is $200,000. 85% of that is $170,000.

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