Home Equity Loan
Home equity loan or refinance existing home loan?
My husband and I are looking into a home equity loan or refinancing our existing home loan. We own a doublewide on 4 1/2 acres that has been converted to real property. Which is better? A home equity loan, or refinance our existing loan? Where do we start? What should we know? And what we should be careful of?
Public Comments
- If you have a great rate on the first then leave it. It also depends on the size of your HEloan. Ask your broker or bank to compare the two and see what's in your best interest. A HELOC is very easy depending on your credit. If the credit is good then you should expect a no closing cost loan at about 5% You can email with any other questions brandonbroker@yahoo.com
- You should go for a proper program with an expert's help for a better management. Check out here for some useful info and tips.http://homeloan.online-assistant.info/no-fee-home-equity-loan.html
