Line of credit for 5x your available cash

[Brian Garrett]

I've heard about a LOC a few different times that gives you 5x your liquid cash and/or assets.

For example if someone had $100k in their savings account they would have $500k purchase power.

Does anyone know anything about this loan program or have more details on it?

I'm curious to know what the typical rate, term and amortization is on a LOC like this.

I tried searching for the posts that discussed this LOC but I had no like finding them.

If anyone has information or insight they can share it would be appreciated. Thanks!