Posted on: 15th Jun, 2009 09:50 am
My question is about adjustable rate on a Line of Credit. We are able to start at 4.04% how fast and how far can we expect the interest rate to jump.
sunil87020
It will depend on the tersm from the bank.
If you have your loan documents please refer that and they spell out correctly what and when will it adjust.
Good luck
It will depend on the tersm from the bank.
If you have your loan documents please refer that and they spell out correctly what and when will it adjust.
Good luck