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Updated over 2 years ago on . Most recent reply
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HELOC Interest Only Fixed Rate
Hello,
I am looking for a HELOC, 10 year draw period, interest only, at a fixed rate.
All I am finding is variable rate OR fixed rate for a HE Loan repayment principal plus interest.
Aiming to use the HELOC to cover the down payment on a four family so want to have the option of interest only payment and a fixed rate. Any insights appreciated.
Thank you!