Comerica began playing with FLEXLINE into the August 1998 to your discharge of a special domestic security personal line of credit
The latest pr release declaring the fresh release manufactured in the headline “Comerica Bank to introduce House Security Flexline” and you may made use of that phraseology in the release. While Comerica generally seems to dispute their access to FLEXLINE was a keen amazing think, such as for example is not the circumstances. This has spent numerous huge amount of money this features discover its house guarantee mortgage tool are a profitable resource out of team. Each time a customer get a home security loan he otherwise she (or one another) must started to good Comerica branch. There can be a good level of files so you can processes. The consumer has actually 3 days once finalizing the necessary papers to rescind the transaction.