30-YEAR HOME EQUITY LINE OF CREDIT
Paidoff – The Money Tree That Keeps On Growing.
EMPOWER YOURSELF WITH FIANANCIAL FREEDOM THAT PROTECTS AND GROWS YOUR WEALTH LIKE NEVER BEFORE!
With Paidoff™ your financial freedom is secure because you have full 24/7 access to your 30-Year Home Equity Line of Credit. You can use the funds for anything you need such as emergencies, remodeling, or big purchases. Some homeowners find the thrill investing the funds in buying real estate investment properties, stocks, bonds, or purchasing different commodities. But most take the advantage of using the convenience of paying every day bills or just let it be. No matter what you decide on doing, the 30-Year Line of Credit is always there for you day and night whenever you need it because with feature like this you are set for the rest of your life.
With Paidoff’s 30-Year Home Equity Line of Credit you will always be financially protected and secure and the possibilities are endless. There is no other Line of Credit that offers a benefit of such magnitude.
The Guidelines: The 30-Year Home Equity Line of Credit limit is established in underwriting. It is based on borrower qualifying characteristics. Your maximum line of credit is 80% of your home’s appraised value. The line of credit is fixed for the first 10 years, and then it is reduced each month by 1/240 for the next 20 years until it reaches $0. In case a homeowner prefers to increase the Line of Credit limit, there is an option that exists through additional refinancing. In such a case, homeowner must meet all qualifying criteria, and the property must have appreciated enough in value to make the refinancing worth executing,
Here are the benefits of your 30-Year Line of Credit:
- It is in the First Lien Position.
- Line of Credit is up to $2,000,000.
- You have access to these funds for 30 Years.
- No payment is required when funds are available in your Line of Credit.
- All interest is tax deductible.
- No account has ever been foreclosed.
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