Software Available To Compute Historical Data For HELOC Programs

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Question:

Where can I obtain software to compute historical table data for home equity line of credit programs?

Answer:

HELOC product terms can vary considerably from lender to lender. The 15 year histories must reflect YOUR product terms, prices, and servicing practices, so many lenders create their own calculation tool, using MS Excel.

First published on BankersOnline.com 05/5/03