Basically, a home equity lines of credit are offered at variable rates of interest rather than a fixed rate. (badcreditloanservices.com)
Remaining term will automatically convert to variable rate of interest as low as prime minus 0.50 %. (navigantcu.org)
Franklin Synergy Bank checking account required Interest is paid annually Electronic deposits from your checking account Electronic transfer (in October) of balance to your checking account Minimum opening balance $ 100 Competitive variable rate of interest paid on the entire daily collected balance No monthly service fee (franklinsynergybank.com)