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| Homeowner Guide |
| Learn about the process for getting a home equity line of credit. Plus, pick up valuable home ownership tips you can use right now. |
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| Home Equity Options |
| Quick help for selecting the equity loan program for you. |
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| Rates & Costs |
| Find Today's Rate for our home equity program and learn your options on closing costs. |
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| Home Equity Calculator |
| See how large a line of credit you can afford and your home equity will support. |
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| Loan Advisor |
| Use this simple tool to find the best home equity loan or credit line for you. |
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| Apply Now |
| Jump start the loan process by taking a few minutes to submit your application online. Easy, Really. |
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| Home Equity Line of Credit ("HELOC") |
| A home equity line of credit is a mortgage loan, which is usually in a subordinate position
a "second mortgage", that allows the borrower to access the line of credit during the "draw"
period, usually 5 or 10 years. One of the best parts of a home equity line of credit is that the
variable interest rate is typically lower than a credit card and the interest paid can be tax deductible
(consult your tax advisor about your personal situation).
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Equal Housing Lender. © 2008 Countrywide Bank, FSB. Member FDIC. Trade/service marks are the property of Countrywide Financial Corporation, Countrywide Bank, FSB, or their respective affiliates and/or subsidiaries. Some products may not be available in all states. This is not a commitment to lend. Restrictions apply. All rights reserved.