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Chapter18 Consumer Loanscredit Cards and Real Estate Lending Form

Chapter18 Consumer Loanscredit Cards and Real Estate Lending Form

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Instructions and help about Chapter18 Consumer Loanscredit Cards And Real Estate Lending Form

understanding why you'd get a line of credit today James mckb here the line of loans you're a mortgage expert what is line of credit so line of credit is a second mortgage it's a 25- year loan that has a first 10 years interest only payment it's tied to Prime which currently is 8.5% that'll give you your line of credit rate which isn't adjustable why people get a line of credit is to pay off high credit cards car loans have for a down payment on another house used for maybe a kid's tuition they're very versatile line of credits are very popular right now because people have so much equity in their home like this video and follow me for more mortgage expert tips

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