One of the topics that I repeat regularly is around home equity lines of credit. The reason for this is because there are several payment options when it comes to equity lines and there are  many advantages of having a home equity line in place. I will usually pick my 7 minute topic and then I follow with a series of InfoMinutes around that topic. I have found that there are usually questions that result from my presentation and so I do my best to answer those questions through Info Minutes. A few weeks back, I went over the home equity line with the fixed term loan option. Many great questions resulted through the feed forward card such as:

• Is it a separate loan?
• Is there a cost involved when turning it into a fixed payment?
• What is the fixed rate?
• What terms are available?
• How does it work?
• Can it be paid off early?

I have been able to answer these questions through my Info Minutes, give examples of clients that I have recently helped, and share how my clients have benefited.