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What can I do to get more (or better) quotes for my loan request ZR-CNXLDLS

Mortgage or Home equity line..?
3700 sf home with attached 2 car garage & office in rear
paid off mortgage in 2004-2005, valued at 480,000 by county assessor until this year
wish to use loan to purchase a second property
  • September 30 2012 - Decatur
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Answers (1)

Are you thinking about a Line of Credit because you will pay the loan off in a couple years? You can get a 7/1 Arm in the low 2's which be lower than any LOC offer plus the rate is locked for 7 years. Is the new home purchase to be your primary residence or will the current home still be your Primary?
  • September 30 2012
  • 0Yes

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