Search results

No there is not as far as I am aware. If you want certaintly use a LOC or apply for a private ruling.

This is the best way I think

You should never use a LOC for a main loan because: 1. rate generally higher 2. often can be called in early by lender 3. can be a tax nightmare if salary etc is deposited You should use a LOC only for accessing equity because: 1. Good for tax reasons 2. allows you to take money from the...