Home Equity Line-of-Credit Draw Authorization
Date Executed __________________________
I/We, the undersigned, hereby authorize and direct University Federal Credit Union to make a loan advancement in the amount of $_______________, against our Home Equity Line-of-Credit Loan. I/We, acknowledge that the advance will increase the balance due on the Home Equity Line-of-Credit Loan and will adjust our minimum monthly payments. The minimum advance is $4,000. Please deposit money in UFCU checking account _________________ suffix ____.
All, Draw Request will be processed through the Home Equity Department. Please fax your completed request to the Real Estate Department at (512) 421-7469.
Primary Owner Signature
Date
Joint Owner Signature
Date
07/07