Ask questions via Twitter. Tweet any question to @AskFiLife and we will respond with an answer. More.

FiLife - In partnership with The Wall Street Journal

Your Financial LifelineTM

In partnership with The Wall Street Journal
 
 

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.

Home Equity Loan Reviews

Sort by:
Mathew
Newcomer
3.0

Do you have an email address for this unit ?

Is this helpful?

Yes

(0)

No

(3)

Permalink | Abuse

tomnong
Newcomer
3.0

I applied HEL from BOA, but this time they offer only 75% of the equity base on drive by appraisal. They don't take any more risk...
during this recession...

Is this helpful?

Yes

(1)

No

(0)

Permalink | Abuse

robins
Newcomer
5.0

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.

Is this helpful?

Yes

(1)

No

(1)

Permalink | Abuse

tommyd44
Newcomer
5.0

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

Is this helpful?

Yes

(0)

No

(1)

Permalink | Abuse

Rate and Review Home Equity Loan from Bank of America

Generic User Image
Choose a rating from 1 to 5

How we protect your privacy

Login or Join

or login with

Expert Partners

Ask a Question

140 characters

Popular Keywords in Home Equity

Follow FiLife