What is the difference between the quarterly and annual reviews?
Quarterly reviews define and illustrate your current home asset position based on mortgage principal payments made, and equity used, in the past three months. Annual reviews define and illustrate any increases in your home asset position. As long as our annual credit reports confirm you have maintained your high credit standing, both reviews generally present opportunities to increase your equity line of credit. The decision is yours, however. You remain in control.
Quarterly reviews define and illustrate your current home asset position based on mortgage principal payments made, and equity used, in the past three months. Annual reviews define and illustrate any increases in your home asset position. As long as our annual credit reports confirm you have maintained your high credit standing, both reviews generally present opportunities to increase your equity line of credit. The decision is yours, however. You remain in control. Detailed quarterly and annual reviews track equity changes and estimated home value increases. So it’s easier to plan for life events, make informed funding choices and manage your financial goals.
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- What is the difference between the quarterly and annual reviews?