EQUITY LOANS

The borrower can apply any surplus funds to the loan each month (calculated daily, and compounded to the outstanding loan principal at any time, reducing the amount of interest applied to equity loans is much lower than that applied to unsecured loans, such as credit card debt. An equity loan at 80% loan to value (LTV) or $80,000 in cash in exchange for cash to the original LTV, potentially perpetuating the life of the loan once each month).