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 What is a draw period?

Edison

20-09-2007 10:21


Messages: 17
Country: USA
City: Boise




What is a draw period? I need urgent help ,please tell me about draw period.

        
 

 Re: What is a draw period?

maxwell

23-09-2007 06:45



Messages: 21
Country: USA
City: new jersey




Hi,
well ,The draw period is the time duration for which you are permitted to use the credit available on your home equity line. When you borrow funds from your line of credit it is referred to as a draw.

        
  




 

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