Home Equity Line of Credit

Frank Sfalanga, Jr. fsfalanga at vrcoffl.com
Thu Oct 23 12:48:37 CDT 2003


Hi,

What is the correct type of account to set up for an Home Equity Line of 
Credit?  I want to set an opening balance which is equal to my credit 
line.  As I transfer money from it to my checking account I want it to 
decrease until it's depleted.  Is this the correct way to do it?

Thanks in advance,

- Frank
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