The new product offers borrowers real-time access to funds at competitive rates, the company say
Caliber Home Loans has announced the launch of a new home equity line of credit that will allow borrowers real-time access to funds at competitive rates.
Qualifying customers can use the Caliber HomeAccess Your Way line of credit for a variety of needs, including the financing of renovation projects, purchasing new vehicles, paying school tuition and other large expenses. Customers will have a 10-year draw period, followed by a 20-year repayment phase.
“We are confident that borrowers will benefit from HomeAccess, an important financial tool with convenience and flexibility, as they navigate their unique financing needs,” said Sanjiv Das, CEO of Caliber Home Loans.
HomeAccess will launch initially in select states and is immediately available through local Caliber branches, the company said.
Related stories:
Leading lender gives back
Caliber Home Loans launches ARM product, home-financing web portal
Qualifying customers can use the Caliber HomeAccess Your Way line of credit for a variety of needs, including the financing of renovation projects, purchasing new vehicles, paying school tuition and other large expenses. Customers will have a 10-year draw period, followed by a 20-year repayment phase.
“We are confident that borrowers will benefit from HomeAccess, an important financial tool with convenience and flexibility, as they navigate their unique financing needs,” said Sanjiv Das, CEO of Caliber Home Loans.
HomeAccess will launch initially in select states and is immediately available through local Caliber branches, the company said.
Related stories:
Leading lender gives back
Caliber Home Loans launches ARM product, home-financing web portal
