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If I set up a Term Portion when the TD Home Equity FlexLine was opened, can I set up an additional Term Portion later?
• You can set up an additional Term Portion after opening the TD Home Equity FlexLine. The Term Portion is set up using balances drawn on the Revolving Portion of the FlexLine.
• If you require more funds in excess of 65% loan to value (LTV) to create a Term Portion, a new TD Home Equity FlexLine application will need to be completed.
• It's important to remember that customers are responsible for making separate payments for each Term Portion set up on the same TD Home Equity FlexLine
Please note that the answers to the questions are for information purposes only for the products discussed. Individual circumstances may vary. In case of discrepancy, the documentation prevails.