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Meritline of Credit
Meritline Home Equity Line of Credit is the
straightforward answer to the needs of an active borrower and for
the individual who wants to have an established line of credit at
his/her disposal. Meritline offers the convenience of a one-time
application. If your plans are for home renovations, a vacation or
for your investment portfolio, Meritline is for you. Borrow what you
need, at the moment you need it. The one-time legal and appraisal
fees let you use the equity in your home to secure funds for future
needs.
Your Home Equity Meritline can be prearranged for up to 65% of the
appraised value of your property depending upon your mortgage
situation. Repayment is calculated as 3% of the credit used each
month. The interest rate may be as low as prime!
Arrange your Meritline soon and begin to enjoy maximum flexibility –
it may well be the last loan you’ll ever need.
Meritline can be arranged for up to 65% of appraised value depending
upon mortgage situation.
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Repayment calculated at 3% of used line of credit
each month.
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Payments can be made by payroll deduction.
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Life & disability insurance available.
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Interest rate as low as prime.
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