Awasome Home Equity Line Of Credit Draw Period Ending Ideas. Once the draw period has expired (typically 10 years) and repayment period begins, you will no longer be able to access additional funds. On average, the draw period lasts for 10 years, but it can be as long as 20.

Effective date this agreement shall be effective upon its execution, and unless terminated as provided, shall. Make sure you understand your loan terms, including your interest rates. The federal financial institutions regulatory agencies (the agencies)1.