Why is Metros home equity line of credit program so different from others on the market?
Metro CU created the first home equity line of credit product with the option to convert a portion or the entire outstanding balance to a fixed rate fully amortizing loan. The difference between the credit limit and the loan balance is always available to you. It’s like having the stability of a fixed rate second mortgage and the quick ongoing access to your money at the same time. There are no fees associated with the conversions.
