We select a margin based upon the information you provide us, the amount of your initial advance, the property, your credit history, the LTV ratio, and other credit criteria we established for this offer.
Prudictable loans are fixed rate simple interest loans with equal monthly installments.
There is no balloon payment. Except for state and local taxes, if any, you are not required to pay any fees or charges to open a home equity line of credit. You must carry insurance on the property that secures your account. Flood insurance may be required. Certain restrictions apply.