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January 8, 2015 06:29:34 PM
Borrowing & Managing Your Credit
In reply to mark, collegeville
Great question, Mark! Thanks for stopping by and we'll be glad to respond.
Depending on when you opened your Home Equity Line of Credit (HELOC) with us, the Draw Period (the period during which you can advance funds and only repay interest) can vary. We'd recommend that you give us a call anytime you like to speak with one of our Financial Solutions Group Specialists 24/7, at 800-937-5020. They'll be able to review your account in particular and let you know more about the time frame you have for interest-only payments for your account. Otherwise, feel free to step inside one of our Stores and we'll be happy to assist you there. If you click here: http://bit.ly/TDStores, you can find the TD Bank Store and lobby hours nearest you.
Also, please remember that the Draw Period of your HELOC should be specified on your original promissory note, so you can always refer there if you have it handy!
Thanks again for visiting, Mark and have a wonderful night.
Kristen P, Mount Laurel
January 8, 2015 06:31:21 PM