|
NCC HELOC
A home equity revolving line of credit with no closing costs. There
are no application fees. This may save your customer hundreds of
dollars-right from the start!
• Rates are competitive in their market.
• No application fee.
• No
prepayment penalty.
• No
title insurance.
• No
closing costs.
•
Variable rate for life of line,
(based on
prime rate).
In addition, some fees may be required for all products. Hazard,
flood and
homeowner's insurance are limited to state requirements and
paid for by the borrower.
FCC HELOC
A home equity revolving line of credit in which the
applicant
pays Full Closing Costs to receive a lower rate. Customers have
the option of using the Line of Credit to pay for closing costs.
Closing Costs may include (but are not limited to) the following:
• Property Evaluation
•
Title Search/Insurance
• Mortgage Tax (if applicable)
• Settlement Agent Fee
• Recording Fee
•
Flood Certification
•
Credit Report
In addition, some fees may be required for all products. Hazard,
flood and homeownerÕs insurance are limited to state requirements
and paid for by the borrower.
Chase Premier (sm) Line of Credit
A home equity revolving line of credit in which an initial advance/draw
is taken for a minimum of $25,000.
|
