¹Equity Access Account funds may not be used to purchase, carry, or trade securities or repay debt incurred to purchase, carry, or trade securities.

²MLCC will pay all closing costs for credit lines up to $1,000,000. For credit lines over $1,000,000, the borrower will be responsible for all closing costs. This will include a credit report, flood determination, appraisal, recording and closing fees which will range between $330 and $3,450. In addition, the borrower will be responsible for paying title insurance that will range from $1.00 to $9.00 per $1,000 of the mortgage amount and mortgage recording taxes if your property is located in AL, FL, GA, KS, LA, MD, MN, NY, OK, TN or VA that range from $1.50 to $27.50 per $1,000 of the mortgage amount. Property insurance is required to establish and maintain your line of credit.

³In Texas, the minimum advance is $4,000. If the principal balance owed is more than 50% of the home’s fair market value on the date of the original loan, no additional advances can be made until the principal balance drops below 50% of that value.

⁴This is an “interest-only” mortgage that allows you to pay only the interest on the money you borrow for a certain number of years. If you only pay the amount of interest that’s due, once the interest-only period ends, you will still owe the original amount you borrowed and your monthly payment will increase – even if interest rates stay the same – because you must pay back the principal as well as interest. You should ask what the payments on your loan will be after the end of the interest-only period. If you are considering an adjustable-rate mortgage, ask about what your payments can be if interest rates increase. Visit our Web site at www.merrillhomeloans.com for more information about the risks of interest-only mortgages.

Merrill Lynch does not provide advice on tax issues. Consult your tax advisor regarding the deductibility of interest expenses. Interest expenses may not be deductible for all taxpayers.

⁵Line amounts over $2 million may be available on a case-by-case basis to qualified applicants.

MLCC reserves the right to reduce or suspend your Equity Access account credit limit in the future for reasons set forth in your loan agreement, including but not limited to a significant decline in the value of your property or a material change in your circumstances.

All residential mortgage programs are offered and funded by Merrill Lynch Credit Corporation, an indirect wholly-owned subsidiary of Bank of America Corporation, 4804 Deer Lake Drive East, Jacksonville, FL 32246-6484; toll-free telephone: 800-854-7154.

Merrill Lynch, Pierce, Fenner & Smith Incorporated, 4 World Financial Center, New York, NY 10080, toll-free telephone: 800-338-2814, Member, Securities Investor Protection Corporation (SIPC), does not make commitments for or fund loans.

Residential mortgage programs, options, and property types are not available in all states and jurisdictions and are subject to change without notice. Loans are offered on properties in all 50 states, the District of Columbia, the U.S. Virgin Islands, and Puerto Rico. Additional terms, conditions, restrictions, and costs may apply. Merrill Lynch, its affiliated entities, and their employees may receive compensation for its products and services.

Merrill Lynch, Pierce, Fenner & Smith Incorporated is a registered broker-dealer and a wholly owned subsidiary of Bank of America Corporation.

© 2010 Bank of America Corporation.

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