Where does Advanced Home Funding do business?
Advanced Home Funding is a direct lender based in Brentwood, TN. The company was founded in 1996 and offers home equity lines of credit (HELOCs) to borrowers in 1 state across the USA.
What are the terms for a HELOC via Advanced Home Funding?
HELOCs have a draw and a repayment period. During the draw period you can borrow as much as you need up to your credit limit. After the draw period, you are responsible for repaying the loan.
Advanced Home Funding offers home equity loans with a draw period of up to 10 years.
Is there a minimum draw requirement?
No, there isn't a minimum draw requirement.
What fees does Advanced Home Funding charge for a HELOC?
Advanced Home Funding may charge a loan origination fee.