Now you can buy a house or refinance your current home on a Home Equity Line of Credit. As you pay the loan down you free up equity to borrow against in the future with just the use of a credit card or check book.
Loan amounts up to $1,000,000
Interest rate is Prime less ¼%
Loan Fee of only ¼% plus about $2,000 in misc. closing costs.
Interest only payments for up to 10 years.
Payments changes monthly depending on Prime.
Loans up to 95% of the value with slightly higher rate.
Annual fee of $75.00
No termination fee.
Second homes and Stated Income allowed for higher rate.
For more information, email or call Dan at 425.605.3130