|
- Offers the convenience of a one-time,
pre-approved line of credit, but uses your home as security
to ensure a great interest rate
- Interest-only payments available
- Interest is charged only on the amount
used (not necessarily the authorized limit)
- Minimum loan amount $25,000
- First or second mortgages available
for up to 80% of the appraised value of the residential property
- No maintenance fees
|
|
