Merrill Lynch Credit Corporation works to place more Americans in their dream castles. Doing business as Merrill Lynch Home Loans, the company is one of the residential mortgage units of financial giant Bank of America. Its offerings include a variety of adjustable- and fixed-rate mortgages for first and second homes, construction loans, mortgage refinancing, and equity lines of credit. The company also provides loan servicing. Founded in 1981, Merrill Lynch Home Loans serves primarily wealthy customers throughout the US, Puerto Rico, and the US Virgin Islands. Done in by the global credit crisis, direct parent Merrill Lynch was taken over by Bank of America in a $50 billion deal in 2009.