Page 19 - AAG094 Jumbo Booklet
P. 19

2 Ways to Access Your Home Equity



                                    With your Advantage loan, you can access proceeds of

                                                 up to $3 million in one of two ways:























                            Advantage Base                                                      Advantage Select

                          (one lump-sum payment)                                                     (line of credit)

                   This is a fixed-rate loan that allows you to a                    This is an adjustable-rate loan that features an initial
                   take your entire principal limit in one lump                       closed-end draw of 25% of the principal at closing.
                                sum at closing.                                          Draw the remainder of funds over 10 years.
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