What does your home mean to you? Of course it’s a place of warmth and shelter, but it can be so much more. With a Bank of America Home Equity Line of Credit, you can turn your home into a Dream Home and add value at the same time. Here are two women who know a lot about home improvement – Heidi Baker and Eden Jarrin of Be Jane.
At Be Jane we’re about changing how you live by changing where you live.
Whether it’s adding more space for the kids, creating a state-of-the-art cook’s kitchen or building your own master bedroom retreat – you can change your life by changing your home.
We always say, whenever you take on a construction project, make sure you use the right tool for the job. And when it comes to financial tools, it’s important for you to choose the right one. A Home Equity Line of Credit is one of the best tools available to help you get your construction job done. You choose the loan amount and have 24/7 access to your money. It’s easy to get and easy to use.
Bank of America’s Home Equity Line of Credit is great because it offers competitive rates and no fees (1) so you can put all your money into the project.
(1) The variable Annual Percentage Rate (APR) is 7.99% for a new home equity line of $100,000 with a Combined Loan to Value (CLTV) ratio of up to 80% on a 1-4 family owner-occupied home for a Bank of America customer with auto-pay. APR is based on The Wall Street Journal prime rate [8.25% as of 06/01/07] and will vary as the prime rate varies, but will not exceed 24% (18% in TX). Insurance is required. Rates and terms may vary by state and are subject to change without notice. Bank of America pays all closing costs on lines and loans up to and including $500,000. Bank also pays up to $300 toward attorney fees in SC. Credit is subject to approval. Please contact Bank of America for current rate information and other details.
When you’re ready to make your home a dream home, be sure to talk to us about a Bank of America Home Equity Line of Credit. It uses the equity you already have in your home to pay for any improvements you’d like to make.
Simply visit Bank of America.com/homeequity. Your can apply in as little as 15 minutes and you could be on your way to starting your project.
Home Equity Line of Credit is a great tool to help you add value to your home. And when it’s time to sell, that added value will be money in your pocket. You can have access to your money 24/7 with a convenient Home Equity Line of Credit Visa® access card.
(2). Plus, any interest you pay may be up to 100% tax deductible.(3)
Disclosures to be shown on screen:
(2) The equity credit line Visa® access card is not available in CT, ID, NY, TX, WA. Visa is a registered trademark of Visa International Service Association
(3) Please consult your tax advisor and IRS Publication 936 (Home Mortgage Interest Deduction) regarding interest deductibility.
So whether you’re considering a $35,000 room remodel or a $100,000 home renovation, a Home Equity Line of Credit is one of the best tools for you.
After all, it’s your home. You should love where you live.
Go to Bank of America.com/homeequity to find the best Home Equity Line of Credit for you. With Bank of America your dream home may be as close as your computer.
Bank of America, N.A Member FDIC. (insert EHL logo) Equal Housing Lender. © 2007 Bank of America Corporation. All rights reserved.
