Bank of America Personal Loans Reviews of 2019 – The bank offers a special low introductory rate on a home equity loan equaling 3,24% for 12 months. When the initial period is over, the rate will be 4,52%.. Please note that Bank of America grants loans to all applicants with 700 scores or higher.
2019 Bank of America Reviews: Home Equity Loans – Bank of America is a federally-recognized financial institution that offers home equity loans. Headquartered in North Carolina and founded in 1904, Bank of America is a direct lender that qualifies potential borrowers based on their credit score, employment history, and outstanding debt.
Home Equity Loan: In order to receive the lowest rate advertised, a set-up of automatic payments from a U.S. Bank personal checking account is required. Automatic payments are not required for loan approval.