Key Features
- Revolving line of credit
- Fixed or floating rates available
- Rates from ~1.6% (variable; subject to change)
- Loan-to-value typically 70–90% (collateral-dependent)
- Securities remain titled in the client’s name
- Streamlined documentation; generally not credit- or income-based
- No prepayment penalty (variable-rate lines)
- Dividends continue to be paid to the client
- Client retains 100% of portfolio appreciation
- Broad range of eligible securities