Bank of America home equity loans and line of credit programs allow you to unlock the potential of the equity value in your home. When you have borrowed a mortgage loan to buy a home and when you have started paying a considerable amount of the loan the equity value of your home keep on increasing. Bank of America home equity programs allow you to use this equity to get usable cash that you can use for almost any purpose. With the help of Bank of America home equity loan and home equity line of credit you can meet a number of expenses that include:
* Consolidation of high interest debts
* Paying the education expenses of your child
* Making home repairs and renovation
* Plan a wedding or a holiday, etc
Bank of America provide line of credit program which is a type of revolving credit where the home of the borrower serves as the collateral of the line of the credit term. The amount of the Bofa home equity line of credit will be mainly determined by the equity value of the collateral and the credit worthiness of the borrower. Bank of America home equity rates are quite competitive and they provide flexibility, easy access to funds and stability to the borrowers.
Bank of America home equity department handles all the process of lending home equity loan and line of credit programs. The department also provides customer services to homeowners who are looking for reliable information on home equity programs. Bank of America customer service is available for 7 days a week. Customers can call at 1.888.293.0264 to get the best of assistance from the home equity department of the bank. Moreover, Bank of America home equity calculator can be used to find the best available home equity program that are suitable for the borrowers.
Bank of America acknowledges the value of the equity in your home. Get home equity and home equity line of credit loans from the bank.
Website: http://bankofamerica.com/home-loans/home-equity/line-of-credit.go
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