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Borrow to fund my goals

Lines of credit

Bank of America and Merrill can provide flexibility in how you can borrow and offer variable and
fixed-rate loan options.

  • Loan Management Account®(LMA® account)

    Use eligible investments as collateral for multiple loan advances, giving you access to funds for personal and business financing needs.

  • Home Equity Line of Credit

    A flexible, low-rate way to access funds from a portion of your available home equity to help pay for the things that are most important to you.

  • Margin Lending Program

    An extension of credit based on eligible securities you use as collateral from qualified Merrill brokerage accounts.

  • Preferred Rewards for Wealth Management1

    Rewards for your full relationship with Merrill and Bank of America. Get access to the best banking benefits to help you earn more and save more.

Talk to your advisor about integrating these products
and solutions into your financial strategy.

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You are eligible to enroll in the Preferred Rewards for Wealth Management program if you have an active, eligible Bank of America® personal checking or Bank ofAmerica Advantage Banking account and maintain a three-month average combined balance in your qualifying Bank of America deposit accounts and/or yourqualifying Merrill® investment accounts of at least $250,000. All Bank of America Private Bank clients are eligible for the Preferred Rewards for Wealth Management program. Visit for additional program details. Preferred Rewards for Wealth Management clients, other than Bank of AmericaPrivate Bank clients, do not receive Merrill Guided Investing discounts as part of this program.


The Loan Management Account® (LMA® account) is a demand line of credit provided by Bank of America, N.A., Member FDIC. Equal Opportunity Lender. The LMA account requires a brokerage account at Merrill Lynch, Pierce, Fenner & Smith Incorporated and sufficient eligible collateral to support a minimum credit facility size of $100,000. All securities are subject to credit approval and Bank of America, N.A. may change its collateral maintenance requirements at any time. Securities-based financing involves special risks and is not for everyone. When considering a securities-based loan, consideration should be given to individual requirements, portfolio composition and risk tolerance, as well as capital gains, portfolio performance expectationsand investment time horizon. The securities or other assets in any collateral account may be sold to meet a collateral call without notice to the client, the client is not entitled to an extension of time on the collateral call, and the client is not entitled to choose which securities or other assets will be sold. The client can lose more funds than deposited in such collateral account. The LMA account is uncommitted and Bank of America, N.A. may demand full repayment at any time. A complete description of the loan terms can be found within the LMA agreement. Clients should consult their own independent tax and legal advisors. Some restrictions may apply to purpose loans, and not all managed accounts are eligible as collateral. All applications for LMA accounts are subject to approval by Bank of America, N.A. For fixed rate and term advances, principal payments made prior to the due date will be subject to a breakage fee.


You are invited to apply for a Home Equity Line of Credit (HELOC). This is not a commitment to lend; you must submit additional information for review and approval. Rate(s) and Annual Percentage Rate(s) (“APR(s)”) are for illustrative purposes only and are subject to change without notice.


Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.


Banking, mortgage and home equity products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.



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