Combine the flexibility of a home equity line of credit with the security of a fixed rate loan. Convert all or a portion of your outstanding variable rate EquityAdvantage line of credit to a fixed rate and enjoy a fixed payment and term. Take advantage of variable rates while they are low, knowing that you can get a fixed rate without hassle if rates start to climb. Fixed Rate Loan Options can have different due dates, different rates and different terms. You may have up to three (3) fixed rate loans outstanding at any time and keep your financial flexibility with on-going access to your available equity line balance. No need to reapply each time you need a loan, and little or no paperwork to set up subsequent Fixed Rate Loan Options.