I'm looking to get a home equity loan, where should I start?

I want to enlarge and remodel my home. I've been owning since 2010 never missed a payment.

Asked by Malcolm

2 Answers

Log in or sign up with email
By submitting you agree to our Terms of Service
Answered by Rene Nourse, Certified Financial Planner in El Segundo, CA
First off, I recommend that you find out what your FICO score is. Obviously, the higher the better. And if you know what it is upfront, you'll be in a better position to negotiate getting the best interest rates. Next, get an idea of what average interest rates and fees are. Armed with that information, you can now go to your existing bank/finance company and initiate conversations with them about getting a home equity loan. Often times, they can provide you with a competitive package.
| 09.27.16 @ 17:58
Comment
Log in or sign up with email
By submitting you agree to our Terms of Service
$commenter.renderDisplayableName() — {comment} | 12.04.16 @ 12:31
Answered by MoneyTips Writing Staff, Financial Adviser in Los Angeles, CA
Hi Malcolm, you can check your credit score and read your credit report for free within minutes using Credit Manager by MoneyTips. | 10.11.16 @ 10:20
Comment
Log in or sign up with email
By submitting you agree to our Terms of Service
$commenter.renderDisplayableName() — {comment} | 12.04.16 @ 12:31
Log in or sign up with email
By submitting you agree to our Terms of Service
Free MoneyTips Membership!

Get FREE, full access to MoneyTips.com

Answered by

Related Questions