 The
RBC Homeline Plan is a smart and easy way to manage all of your borrowing
needs under one simple, flexible plan.
This plan allows you to combine your mortgage and a secured line of
credit.
Imagine the outstanding flexibility, control, convenience and interest
savings you can get from the RBC Homeline Plan.
I can even help you decide how to design your RBC Homeline Plan. You
now have the ability to adjust your product mix without having to
re-qualify. For example, you can have up to five RCL and 5 Mortgage
segments under the plan.
Your available credit in the Primary RCL automatically increases as you
pay down your mortgage. In addition, you can have immediate access to your
Royal Credit Line funds through multiple channels and you also have a
variety of payment options to suit your budget and cash-flow needs.
A one-time credit application is all you need to fill out to get up to
75% of the appraised value of your property.
You can keep track of your plan level with a monthly statement as well
as access through on-line banking at any time.
This is something that will reduce your overall borrowing costs by
giving you secured rates and there are no annual fees or service charges.
There are other benefits that we can discuss when we meet. For example,
the RBC Homeline Plan provides you with an option for valuable life and
disability insurance coverage. It also gives you the ability to protect
from interest rate fluctuations by splitting your mortgage into different
terms with different interest rates.
Call me today and we can talk about the RBC Homeline Plan. |
