Who should I use for a home equity loan? I have FAIR credit?
Answer:
choose as Loan Officer/Broker, not a bank. An LO has access to hundreds of banks and loan products where a bank only has access to their own products and money. A bank may not be able to put you in the best loan with Fair credit.they look for good to great credit. Use someone you trust.you really have to analyze character here. 1% origination up front and 1% on the back end.tell 'em that, and you will avoid all funny biz.
Sincerely,
Mortgage Professional
you
A bank,finacial instution,creditunion,.
shop around for the best deal.
i have fair credit also but, you will pay out the butt in finiance charges.look into it before you buy anything..happy house hunting..
Contact me and I will assist you with your current mortgage. I will only charge you one (1) point to do the loan. Hit me up if you are serious.
I can't recommend a particular company but I would suggest reading more about the different types of home equity loans at http://www.loan-information-center.com/a. before deciding on a company to use.
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