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| How much can I borrow? |
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Calculating How Much You Can Borrow
Using the sample residence as your guide, print out and complete
this borrowing form to determine the Home Equity amount available
to you.
| Qualification |
Sample Residence |
Your Residence |
| Estimated Value Of Your
Home* |
$100,000
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| Maximum Loan-To-Value Ratio |
X 90% |
X 90% |
| Maximum Loan Amount |
$90,000
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| Less Existing Mortgage Balance |
($75,000) |
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| Maximum Equity Line/Loan
Amount |
$15,000 |
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*Whenever possible, we will rely
upon the homes assessed value for real estate tax purposes
when determining loan amounts.
Lender is LaSalle Bank Midwest N.A., an affiliate of Bank of America N.A. LaSalle Bank Midwest N.A. is an Equal Housing Lender.
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Privacy & Security | Terms of Use
© 2008 Bank of America Corporation. All rights reserved. Bank of America,
N.A., LaSalle Bank N.A., and LaSalle Bank Midwest N.A. Members FDIC.
Equal Housing Lenders. Equal Opportunity Lenders.
PLEASE NOTE: LaSalle products may not be able to be serviced at Bank of America banking centers or through BankofAmerica.com until late 2008. |
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