Additional Funds

HomeEquity Bank Prime Rate: %
The following is a summary of the current CHIP Reverse Mortgage with Additional Funds interest rates and terms offered by HomeEquity Bank.
| term | interest rate | |
|---|---|---|
| CHIP Reverse Mortgage Account | Fixed 5 year | % |
| Additional Funds Account | Variable1 | % |
1 Variable refers to the HomeEquity Bank Prime Rate plus a fixed spread of %. The fixed spread is guaranteed for years.