And, the interest rate is comfortably low because your house secures the loan. But now this great deal just got better. These rates are available to new Equity Line members only.
All applications are subject to credit approval and acceptable property appraisal and title search.
Property insurance is required on the real property securing the Equity Line. To determine the amount of equity available in your home, use the example below. Enter the balance of your present mortgage and the value of any existing liens. Subtract the value of line 3 from the value of line 2. The total amount on line four represents the approximate borrowing value of the equity in your house.