home equity line of credit faq

sign home equity line of credit faq united states

variable rate mortgage is a loan secured on a property (house) whose interest rate and so monthly repayment vary home equity line of credit faq time. Other forms of mortgage loan include interest only mortgage, fixed rate mortgage, Negative amortization mortgage, discounted rate mortgage and balloon payment home equity line of credit faq Adjustable rates transfer part of the interest rate risk from the lender to the borrower. They can be used where unpredictable