Home Equity Loan
from Bank of America
Bank of America, the largest commercial bank in the United States by deposits and the second largest by market capitalization, is headquartered in Charlotte, North Carolina. As of 2007, the bank holds $1.72 trillion in assets, and has 203,425 employees. The Home Equity Line of Credit from Bank of America offers a one-time cash payout with fixed monthly payments at a fixed interest rate. Automatic deductions are available, and there are no fees or closing costs. The maximum term is up to 25 years, and up to 100% of interest is tax deductable.
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I applied for a Home Equity Loan from Bank of America last year. The application process was fast and easy. I was quickly approved. I went to the closing in about a week after I submitted the application and I did not pay anything for getting the loan. Less than a week later, my checking account was credit for the total loan amount. The whole process was painless.
This is a great plan offered by Bank of America. One of the plan's greatest benefits is deducting the interest on my taxes. Bank of America is a very reputable company, go with this plan for a home equity loan
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Steve answered moodyp1's question:
financing an addition
Guru
You are right to have concerns for your parents. I am sure they are on a fi...
