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Additional Funds

chip

HomeEquity Bank Prime Rate: 2.45%

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 6.29%
Additional Funds Account Variable1 6.49%

1 Variable refers to the HomeEquity Bank Prime Rate plus a fixed spread of 4.04%. The fixed spread is guaranteed for 5 years.