Home Equity Line of Credit

Turn the equity you have built up in your home into CASH! Seven Reasons Why You Should Have A Home Equity Line Of Credit From Taupa:

1. Members have access to cash on demand with no waiting.
2.There is no prepayment penalty.
3.Taupa has competative rates and no closing cost.
4.The interest may be tax deductible (consult your tax advisor).
5.The more you pay back the more you can borrow.
6.Members can use the money for just about any worthwhile purpose.
7.You may never have to apply for credit again!

A Home Equity Line Of Credit is a revolving credit line that allows you to borrow 80% of your home's value.

How much equity does your home have?

Appraised value of your home	$100,000
Mulitiply by 80%	$80,000
Subtract existing mortgage balance(s)	$60,000
Potential line of credit	$20,000