Page 19 - Retail Jumbo Booklet
P. 19
2 Ways to Access Your Home Equity
With your Advantage loan, you can access proceeds of
up to $4 million in one of two ways:
Advantage Base Advantage Select
(one lump-sum payment) (line of credit)
This is a fixed-rate loan This is an adjustable-rate loan that
that allows you to take your features an initial closed-end draw of
entire principal limit in one 25% of the principal at closing. Draw
lump sum at closing. the remainder of funds over 10 years.
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