How to Choose Best Home Equity Loan Rates

Tuesday, January 5, 2010

Freedom Quest Home Equity Line of Credit. They offer low rate financing and interest-only payment. ii. From the 11th year - 25th year - variable interest rate is at Prime rate - 1 %, payment will be the principal and interest payment due. The Quicken Loans. Quicken Loans is an approved FHA lender.

Best Home Equity Loan Rates
With hundreds of companies, banks, and other financial institutions flooding our country, it has become extremely difficult to find the best home equity loan rates. Research shows that the best home equity loan rates are fixed, stable, and low, possessing tax-deductible features. Predictability is another feature of good home equity loan rates. Home equity loans provide credit in bulk and maintain a constant interest rate for the whole loan and repayment period, be it 5 years, 10 years, or 15 years.

Some financial institutions providing good home equity loan rates include Quicken Loans, Country Wide Home Loans, E-loan, Loan Web, Ditech, Lenders Exchange, Lower Your Bills, Home Loan Center, Net Bank, Chevy Chase Bank, and many others. For example, Liberty Bank provides loan amounts from $25,000 to $250,000 when loan-to-value percentage is 80% at 5.49% APR.

Furthermore, Chevy Chase Bank provides low interest rates and discounts with automatic payments. Flexible payment schedules, low interest rates, fixed interest rates, free quotes, and much more make up the home equity loan advantages offered. Home equity loans of up to 125% of equity are available at companies like Lending Tree, Lower my Bills, Home Loan Center, and many others. The best home equity loan rates are those that are stable, low and tax-deductible.