Draw period
Draw period
The period of time when a borrower may withdraw funds or obtain advances from the available line of credit. The time periods depend on the terms of your loan. At the end of the draw period, the borrow may renew the credit line or be required to pay the outstanding balance in full or in monthly payments.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed | 4.39 |
| 5/1 ARM | 3.69 |
Rates may contain points
