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Updated almost 6 years ago,
HELOC interest rate & terms
Good morning community,
Hope everyone is enjoying spring as much as we are in Western Montana. I'm starting to shop for HELOCs to gain access to the sweat equity in my home. Just curious if prime + 0.75% is a reasonable APR rate for my HELOC? Other details: interest only payments, balloon payment at 10 years, $75 annual free.
Thanks!
Andrew