Which home equity loan works best for you?
At this point you probably have just one or two loan offers that
you believe will work for you.
Before signing the papers, you should examine the true costs of each loan. To
determine which loan is better, you should evaluate each loan not just in the near
future, but five and ten years from now.
Be sure the loan you choose is the best one.
A loan with a low initial monthly payment may leave you in a tough spot 5 years
from now. And a loan with a higher interest rate may actually save you money if you
keep it for a few years. We’ll help you account for all of the factors and terms of
each loan. This true comparison is the last step before you choose a loan – make
sure your decision is a good one.