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How Are ABN LeverageLine Interest Rates Determined?

All standard (default) LeverageLine interest rates are variable rates, based on a discounted “house” rate (an institution-determined figure based on various indicators) that is keyed to the size of the credit line offer; to this is added a small increment based on 30-day (monthly) LIBOR. (See the 30-day LIBOR rate on any of the major financial sites, including Bloomberg or Bankrate;  the rate has remained within a relatively small range of variance over the last seven years.)

You may also opt for fixed rate financing if you wish. Inquire of your licensed lender advisor if this is of interest or contact us at 202.379.4744 ext t, but remember that you can always convert your variable rate to fixed rate if you wish, at no cost.

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