HELOC Terms Question.. HELP PLEASE

HELOC Terms Question.. HELP PLEASE Hello, My wife and I have a disagreement with what the terms actually mean. ​ MINIMUM DRAW REQUIREMENT: 1. A minimum initial draw of $25,000 must be maintained for 12 months to keep the discounted rate of .25%, to the variable rate for the life of the loan and to be considered for the promotional rate, if applicable.If this is not maintained, ...

Visit Direct Link

You Might Also Like

Post comment