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This is the worst. When you throw so much black and white information at someone and they still refuse to see it.

What's an SVR and what are the pros and cons vs a LOC?

Is it true they don't reevaluate even if the value has gone down and you don't have a job? Cause the strategy sounds too good to be true otherwise:) cause I could get an LOC based on how much equity I have now and withstand a huge interest rate rise and no job for quite a while.

I've been told the best strategy is while you have a job and the market is hot, get the biggest LOC you can get and sit on it. Keep upping it as the market goes up. Then later on if the market tanks the LOC amount isn't reevaluated by the bank and even if you don't have a job you have that at...

Is it possible to get a LOC on one of her properties and use that to pay interest? I guess getting the LOC would be hard without the job:(