Equity Lines of Credit
Three New Equity Lines
- 80% LTV to $100,000
- 90% LTV to $50,000
- 100% LTV to $50,000
- Low Introductory Rate
- Wall Street Journal Prime Rate
- No Negative Amortization
- 10 year Amortization Period After Draw Period
- Min. Loan Amount $10,000
- Primary Residence Only
- No Prepayment Penalty
- Rate Cap 18%
- No Period Cap
Payments based on interest due, 1% of outstanding balance or $100
whichever is greater.
Payback is based on remaining principle at the end of draw period and is
fully amortized.
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