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During the 10 year draw period, your minimum payment will equal the greater of 0 or the periodic finance charges, and other fees, charges, and costs.During the 20-year Repayment Period, if any, your minimum payment for each Billing Cycle will equal the greater of 0 or the amount sufficient to repay the Account Balance in full by the Maturity Date in substantially equal payments plus the Finance Charges that accrued for that Billing Cycle and other fees, charges, and costs.A ROBS is a way to use your 401k or IRA to fund your business.

Discounts are not available during the promotional period but will apply at the maturity of the Promotional Rate.There are no loan payments and the business takes on no debt.Around ,000 in setup fees and ~0 per month in monitoring fees.All stated APR ranges apply to lines secured by residential property only, 1-4 unit owner occupied, modular homes, and owner occupied secondary homes.APR stated reflects a 1.00% interest rate discount for automatic payment from Flagstar Deposit Account established at the time of application and initial draw of at least ,000 at closing.

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