Then they call  up asking if there's any work or know anyone with work because they are slow....

Jonathan,Unlike credit cards with "Intro Rates", HELOCs are a standard banking product. 

Although he has many products to sell, he really does have a heart of a teacher.

If all I knew about the product is what I see here, I would probably say the same.

@Neal Coppola the market is definitely slowing down in that area, much less S.W.

I agree with @Brandon Rizzo I think the supply will normalize as the migration to Texas has not slowed down and as builders make correction to a more balanced supply and demand (along with interest rate improvement) housing market will be better.

Sure, it's a lender out of Boston that offers the product.

For non-Dutch interest products, the loan payment is based on the principal amount of the loan each month. 

The ones that are important are the ones about the product.

On the other hand, my short term company has done better than usual for a slow summer market.