Page 19 - 2019 Retail Info Kit - Jumbo Booklet
P. 19
3 Ways to Access Your Home Equity
With your Advantage loan, you can access proceeds of
up to $4 million in one of three ways:
Advantage Base Advantage Flex Advantage Select
(one lump-sum payment) (minimum draw of 60%) (line of credit)
This is a fixed-rate loan that This is a fixed-rate loan that This is an adjustable-rate loan that
allows you to a take your requires a minimum draw of features an initial closed-end draw of
entire principal limit in one at least 60% of the principal 25% of the principal at closing. Draw
lump sum at closing. limit at closing. the remainder of funds over 10 years.
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