STRATEGIC ACCELERATED REDEMPTION SECURITIES^®

Filed Pursuant to Rule 433

Registration No. 333-234425

Strategic Accelerated Redemption Securities^®Linked to the West Texas Intermediate Light Sweet Crude Oil Futures Contract

BofA Finance LLC (“BofA Finance”)

Bank of America Corporation (“BAC”)

Principal Amount

Approximately two years, if not called on the first Observation Date

The front month futures contract for deliverable grade West Texas Intermediate light sweet crude oil (the “WTI Crude Oil Futures Contract”) traded on the Chicago Mercantile Exchange (“CME”) and displayed on Bloomberg Page “CL1 <CMDTY>” (or any applicable successor page).

Automatic call if the Observation Level of the Market Measure on any of the Observation Dates is greater than or equal to the Starting Value

Observation Level

The settlement price of the Market Measure on any Observation Date

Observation Dates

Approximately twelve and twenty-four months after the pricing date

Call Amounts

In the event of an automatic call, the amount payable per unit will be:

●

[$10.95 to $11.65] if called on the first Observation Date

●

[$11.90 to $13.30] if called on the final Observation Date; each to be determined on the pricing date

Payout Profile at Maturity

If not called, 1-to-1 downside exposure to decreases in the Market Measure, with up to 100% of your principal at risk

100% of the Starting Value

Interest Payments

Preliminary Offering Documents

Exchange Listing

You should read the relevant Preliminary Offering Documents before you invest.

Click on the Preliminary Offering Documents hyperlink above or call your Financial Advisor for a hard copy.

Please see the Preliminary Offering Documents for a description of certain risks related to this investment, including, but not limited to, the following:

●

If the notes are not automatically called, your investment will result in a loss; there is no guaranteed return of principal.

●

Payments on the notes are subject to the credit risk of BofA Finance and the credit risk of BAC, and actual or perceived changes in the creditworthiness of BofA Finance or BAC are expected to affect the value of the notes. If BofA Finance and BAC become insolvent or are unable to pay their respective obligations, you may lose your entire investment.

●

Your investment return is limited to the applicable Call Premium and may be less than a comparable investment directly in the Market Measure.

●

The initial estimated value of the notes on the pricing date will be less than their public offering price.

●

If you attempt to sell the notes prior to maturity, their market value may be lower than both the public offering price and the initial estimated value of the notes on the pricing date.

●

Ownership of the notes will not entitle you to any rights with respect to the Market Measure or any related futures contracts.

●

Suspensions or disruptions of trading in crude oil and related futures contracts may adversely affect the value of the notes.

●

An investment linked to commodity futures contracts is not equivalent to an investment linked to the spot prices of physical commodities.

●

The notes will not be regulated by the U.S. Commodity Futures Trading Commission.

Final terms will be set on the pricing date within the given range for the specified Market-Linked Investment. Please see the Preliminary Offering Documents for complete product disclosure, including related risks and tax disclosure.

BofA Finance LLC (BofA Finance) and Bank of America Corporation (BAC) have filed a registration statement (which includes a prospectus) with the Securities and Exchange Commission (SEC) for the notes that are described in this Guidebook. Before you invest, you should carefully read the prospectus in that registration statement and other documents that BofA Finance and BAC have filed with the SEC for more complete information about BofA Finance, BAC and any offering described in this Guidebook. You may obtain these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. BofA Finance's Central Index Key, or ClK, on the SEC website is 1682472 and BAC’s CIK on the SEC website is 70858. Alternatively, Merrill Lynch will arrange to send you the prospectus and other documents relating to any offering described in this document if you so request by calling toll-free 1-800-294-1322. BofA Finance and BAC face risks that are specific to their respective businesses, and we encourage you to carefully consider these risks before making an investment in their respective securities.

Strategic Accelerated Redemption Securities^®Linked to the West Texas Intermediate Light Sweet Crude Oil Futures Contract
Issuer	BofA Finance LLC (“BofA Finance”)
Guarantor	Bank of America Corporation (“BAC”)
Principal Amount	$10.00 per unit
Term	Approximately two years, if not called on the first Observation Date
Market Measure	The front month futures contract for deliverable grade West Texas Intermediate light sweet crude oil (the “WTI Crude Oil Futures Contract”) traded on the Chicago Mercantile Exchange (“CME”) and displayed on Bloomberg Page “CL1 <CMDTY>” (or any applicable successor page).
Automatic Call	Automatic call if the Observation Level of the Market Measure on any of the Observation Dates is greater than or equal to the Starting Value
Observation Level	The settlement price of the Market Measure on any Observation Date
Observation Dates	Approximately twelve and twenty-four months after the pricing date
Call Amounts	In the event of an automatic call, the amount payable per unit will be: ● [$10.95 to $11.65] if called on the first Observation Date ● [$11.90 to $13.30] if called on the final Observation Date; each to be determined on the pricing date
Payout Profile at Maturity	If not called, 1-to-1 downside exposure to decreases in the Market Measure, with up to 100% of your principal at risk
Threshold Value	100% of the Starting Value
Interest Payments	None
Preliminary Offering Documents	https://www.sec.gov/Archives/edgar/data/70858/000148105721002000/bac-cog6dt574knf2sap_3214.htm
Exchange Listing	No
*You should read the relevant Preliminary Offering Documents before you invest.* *Click on the Preliminary Offering Documents hyperlink above or call your Financial Advisor for a hard copy.* Risk Factors Please see the Preliminary Offering Documents for a description of certain risks related to this investment, including, but not limited to, the following: ● If the notes are not automatically called, your investment will result in a loss; there is no guaranteed return of principal. ● Payments on the notes are subject to the credit risk of BofA Finance and the credit risk of BAC, and actual or perceived changes in the creditworthiness of BofA Finance or BAC are expected to affect the value of the notes. If BofA Finance and BAC become insolvent or are unable to pay their respective obligations, you may lose your entire investment. ● Your investment return is limited to the applicable Call Premium and may be less than a comparable investment directly in the Market Measure. ● The initial estimated value of the notes on the pricing date will be less than their public offering price. ● If you attempt to sell the notes prior to maturity, their market value may be lower than both the public offering price and the initial estimated value of the notes on the pricing date. ● Ownership of the notes will not entitle you to any rights with respect to the Market Measure or any related futures contracts. ● Suspensions or disruptions of trading in crude oil and related futures contracts may adversely affect the value of the notes. ● An investment linked to commodity futures contracts is not equivalent to an investment linked to the spot prices of physical commodities. ● The notes will not be regulated by the U.S. Commodity Futures Trading Commission. Final terms will be set on the pricing date within the given range for the specified Market-Linked Investment. Please see the Preliminary Offering Documents for complete product disclosure, including related risks and tax disclosure.