Shopping and Finding Your ALOC

1. review our home equity module within this site
   for more information about home equity product terms and features
   
   
2. download our shopping sheet
   that lists the ALOC characteristics and helps you shop lenders for best terms
   
   
3. use our LTV calculation to estimate how much
   you may qualify. You will need a credit line of $20,000 or more. Be prepared to get a 100%LTV equity line if needed to payoff existing debt and maintain an open credit line of $20,000 or more
   
   
4. use our network of lenders to shop your ALOC
   be prepared to negotiate best terms and rates
   
   note: don't get hung up on interest rate. The MMA program will minimize the interest rate charges since income going into the account will keep the average daily balance down
   
   
5. use your ALOC to consolidate and payoff all of your debts. This will free up discretionary income that will be used to pay down your ALOC