• Money can be taken out over and over during the "draw" period.
• Can pay interest only minimum payments during the draw period.
• You can borrow up to 125% of the appraised value of your home.
• No prepayment penalty on many types of lines of credit.
• Variable interest rates only.
• Zero Lender Cost option
• Interest rates can be fixed rates
• Loan time lengths can vary greatly just like any other type of mortgage.
• You can borrow up to 125% of the appraised value of your home.

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