Home equity loan lender comparisonBefore taking out a home equity loan, comparison shop with different lenders to land the best deal available. Compare not only the interest rate, but also the various fees and terms of the loans. Check for prepayment penalties, balloon notes, lending fees and other terms. Use this work sheet to track different loans to find the one that works best for you.Lender informationNameAddressTelephoneContact FeatureLender 1Lender 2Lender 3Amount to be borrowed: Number of payments: Loan term: Interest rate: Will it change? Maximum rate? Monthly payment: Prepayment penalty: How much? Balloon payment: When is it due? Total amount of fees: Are any refundable if you don't take the loan? View worksheet archive<< previous | next >> advertisementRelated Links:Family loan raises crucial tax issues What home equity debt isWill assumable mortgage solve crisis?Related Articles:Shop for car loanNew home loan rulesAbout reverse mortgages
Home equity loan lender comparison
