Fixed monthly installments over a set term (typically 5 to 30 years) with a fixed interest rate.
A second mortgage that gives you a lump sum of cash upfront. releasing equity to buy second home
You draw funds as needed during a set "draw period" (usually 5–10 years) and pay interest only on what you borrow. After that, you enter the repayment period. Fixed monthly installments over a set term (typically