Common use of Home Equity Lines of Credit Clause in Contracts

Home Equity Lines of Credit. A home equity line of credit is a type of Consumer Loan and the only type of Consumer Loan from which you may make an advance using Online Banking. There is no minimum advance amount from your home equity line of credit with us. You may only make an advance by transferring funds from your home equity line of credit with us to a checking account with us. The maximum advance amount cannot exceed the amount permitted by the Consumer Loan Agreement governing your home equity line of credit.

Appears in 4 contracts

Samples: Esign and Electronic Disclosure Agreement, Esign and Electronic Disclosure Agreement, Esign and Electronic Disclosure Agreement

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Home Equity Lines of Credit. A home equity line of credit is a type of Consumer Loan and the only type of Consumer Loan from which you may make an advance using Online Mobile Banking. There is no minimum advance amount from your home equity line of credit with us. You may only make an advance by transferring funds from your home equity line of credit with us to a checking account with us. The maximum advance amount cannot exceed the amount permitted by the Consumer Loan Agreement governing your home equity line of credit.

Appears in 1 contract

Samples: Esign and Electronic Disclosure Agreement

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