We Call it the Banker Home Equity Line of Credit (BLOC)

You will use the BLOC as your personal money account to manage all income and expenses.

You will deposit into the account:

·  all income payments
·  all bonuses
·  all capital gains not reinvested
·  all cash payments
·  all other income

Likewise, you will use your BLOC to pay:

·  your mortgage payment
·  your insurance
·  your credit card payments
·  your living expenses
·  all other expenses

The BLOC will Maximize Your Money Position

Your BLOC will take your discretionary income (total income minus expenses) and use the proceeds to payoff all debts, pay down your mortgage, help finance key projects, and pay for other needed events at minimum interest cost.

You will never make a payment to your BLOC since your income deposits will be your payment. And since HELOCs are based on simply interest, these deposits will force adjustments to your equity line balance ensuring you minimal interest charges.

we have a complete demonstration with illustrations on how the BLOC can work for you

View our 10-Step Plan for Banking Success

Our quick 10-Step plan can help you maximize the BLOC benefits. Our step-plans include expense management, tips to lower your bills, guides to increase discretionary income, and other helpful hints on using the BLOC.

view our 10-step plan

• get a line of credit:
  open a line of credit up to your approved LTV level — calculate how much you can borrow
  
  
• deposit income:
  deposit all your income into the BLOC. Your income will be your monthly payment.
  
  
• pay expenses:
  pay all expenses from your BLOC. Use our step plan for expenses management.
  
  
• anytime access:
  advance funds from your account as you need
  . . . when you need
  
  
• payment flexibility:
  use the BLOC to payoff debts, fund college, paydown your mortgage, plan retirement and more
  
  
• reduce the line:
  pay down the BLOC with your discretionary income
  
  
• tax benefits:
  deduct interest charges from your taxes if you qualify — view your effective tax rate savings
  
  
• competitive rates:
  get competitive adjustable rates as low as the PRIME RATE — see our rate page for information
  
  
• requirements:
  the BLOC must have these characteristics: download our BLOC shopping sheet and characteristics guide