- Minimum line of credit amount of $5,000
- No application or appraisal fees
- Ability to borrow up to 90% of the appraised value (80% for rental properties), less any liens on the property being mortgaged
- 10-year advance (draw) period (five-year advance period for rental properties)
- 20-year repayment term (10-year repayment on rental properties) from the date of the last advance
- Variable interest rate that offers affordable payments
Home Equity Line of Credit
Fund right-now needs without pulling from future finances. That’s what you get when you put your home’s hidden value to work.