Home Equity Lines of Credit (HELOC) for Life Event Management

for Becoming a Banker

for Managing Life-Events

for Business Start-Up

for Refinancing Your Home

for Helping New Homeowners

other Home Equity Uses

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Life-Event Guide

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Sample Equity Rates

Current Prime Rate: 5.00%

Rate Range: see notes	LTV	Type
PRIME RATE+ (-0.50 to 0.25%)	80%	LINE
PRIME RATE+ (0.25 to 1.50%)	90%	LINE
PRIME RATE+ (0.00 to 2.50%)	80%	LOAN
PRIME RATE+ (2.50 to 3.75%)	90%	LOAN

Guide: How to Negotiate Rates

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Calculate Numbers: Equity Calculators

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Before You Exit Site

using your home equity for - EVENT PLANNING

Summary Information (note)

Type:

Use a Home Equity Line of Credit
with a 5-10 year draw period — use the line as your personal money source to finance big-ticket events
see Account Management Suggestions below

Use:

Get the cash you need ... as you need!
Your home equity line of credit lets you do just that. You can use it as your "Event Manager" to:

·  send money to relatives
·  pay for a wedding
·  finance an auto repair
·  pay medical expenses
·  repair a leaky roof
·  help family get home for the holidays
·  start new home construction

And while you're at it:

·  consolidate your bills
·  renovate your family room
·  start a home business
·  you decide: ________________

Why:

It's smart financial management to have an equity line available in the event of a life need.

Advancing needed funds from your equity line account is less expensive than cash advances from credit cards or any other unsecured instrument.

You will pay interest only on the amount you borrow, which interest cost may be deducted from your taxes if you qualify — this can reduce your cost even further. Consult your tax advisor for information.

View our Effective Interest Rate Table to illustrate your potential savings.

You can use your home equity line whenever you need ... as you need. Simply borrow the money you need, payoff the emergency event, and then repay your equity line account when money is available.

Look's like your equity line has become your personal banker

Pros:

Home Equity Line Benefits

	·	open a line of credit up to your approved LTV level — calculate how much you can borrow

	·	access your account as you need . . . when you need

	·	pay minimum monthly payments or any additional amount when you have extra cash

	·	pay down the account to zero with no prepayment charges and re-use the line over again up to your approved available balance

	·	deduct interest charges from your taxes if you qualify — view your effective tax rate savings

	·	get competitive adjustable rates as low as the PRIME RATE — see our rate page for information

	·	benefits may vary by lending institution: view our summary notes of product features and terms

Apply Online: get up to four rate quotes

or dial 1-877-777-1370

Tip:

How to Manage Spending

Budget your everyday spending by using pre-paid cards for retail and online purchases — see example how pre-paid cards can work for you

Tip:

Use Your Home Equity as a Bank

Become a true banker by using the equity value of your home as capital to fund big-ticket events.

By using your home equity as a money account, you can finance items with minimal cost — see our presentation on becoming a banker

How to Access Your "Event Planner"

click here to print the home equity comparison sheet to help shop lenders

Start with an approved home equity line account
from a lending institution.
Transfer an advance from your equity line account
to your new pre-paid card account (guaranteed approval):

see how the pre-paid card can be used

Use your pre-paid card to:

·	pay for repair bills
·	buy school supplies
·	consolidate your credit card debt
·	pick up a new computer
·	fund an overnight training camp for your child
	you decide — you are the banker: _____________

·	withdrawal funds from any ATM machine
·	make purchases at any merchant that accepts Visa^®
·	transact online purchases with fraud protection

Now For Your Benefits:

You will not be restricted by the number of times
that you can access your equity line account since one advance will be loaded to your card with unlimited check writing privileges.
By using your pre-paid card,
you can buy items for as little as $1, thus avoiding equity line accounts that come with minimum draw restrictions.
You can use your pre-paid card
at participating merchants without exposing your equity line account to potential fraud and misuse.

Hey!, it looks like you have become a smart banker.

Apply now and let's search for the right lender
or dial toll-free: 1-877-777-1370

Note: The recommended product, term and use are listed as illustrative purposes on how you might use the equity in your home. Please note that your circumstances may be different and that the recommended product, term and use may not fit your particular need.

YourEquity.com is not a lender. Therefore, we cannot quote rates or guarantee best terms. We refer applicants interested in getting a lending quote to Secure Rights, a licensed mortgage broker representing multiple home equity lenders.

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