home equity

Criteria used in Bankrate.com surveys

$100K HELOC

A $100,000 revolving, open-ended line of credit provided to a new customer with average income and no other relationship to the lender based on the customer's equity in an owner-occupied, one-unit, single-family dwelling. All quotes are based on FICO scores. The line of credit quote is based on a cumulative loan to value (LTV) for the property of 80% (including all mortgages and the home equity line of credit). A lien must be placed on the property as part of the processing of the loan. If the institution offers a no closing cost loan, this is the product that is listed. If the institution does not offer a no closing cost loan, the closing costs are noted in fees and conditions. The rate may represent a range. If this is the case, an explanation will be provided in the fees and conditions field. The rate in the table is the stated rate (the rate that the lender says most borrowers are given), if the range does not include the notation avg (average). The rate represents an average, where the notation avg appears indicating that the lender does not offer a stated rate. If the lender provides a discount on the rate with an auto debit feature, it is noted in fees and conditions along with any annual fees.

$100K high LTV HELOC

A $100,000 revolving, open-ended line of credit provided to a new customer with average income and no other relationship to the lender based on the customer's equity in an owner-occupied, one-unit, single-family dwelling. All quotes are based on FICO scores. The line of credit quote is based on a cumulative loan to value (LTV) for the property of 90.01% of higher (including all mortgages and the home equity line of credit). A lien must be placed on the property as part of the processing of the loan. If the institution offers a no closing cost loan, this is the product that is listed. If the institution does not offer a no closing cost loan, the closing costs are noted in fees and conditions. The rate may represent a range. If this is the case, an explanation will be provided in the fees and conditions field. The rate in the table is the stated rate (the rate that the lender says most borrowers are given), if the range does not include the notation avg (average). The rate represents an average, where the notation avg appears indicating that the lender does not offer a stated rate. If the lender provides a discount on the rate with an auto debit feature, it is noted in fees and conditions along with any annual fees.

$100K high LTV home equity loan

A $100,000 loan provided to a new customer with average income and no other relationship to the lender based on the customer's equity in an owner-occupied, one-unit, single-family dwelling. Rates are quoted based on FICO scores. The loan is based on a cumulative loan to value (LTV) for the property of 90.01% or higher (including all mortgages and the home equity loan). The term is 60 months. A lien must be placed on the property as part of the processing of the loan. If the institution offers a no closing cost loan, this is the product that is listed. If the institution does not offer a no closing cost loan, the closing costs are noted in fees and conditions. The rate may represent a range. If this is the case, an explanation will be provided in the fees and conditions field. The rate in the table is the stated rate (the rate that the lender says most borrowers are given), if the range does not include the notation avg (average). The rate represents an average, where the notation avg appears indicating that the lender does not offer a stated rate. If the lender provides a discount on the rate with an auto debit feature, it is noted in fees and conditions

$100K home equity loan

A $100,000 loan provided to a new customer with average income and no other relationship to the lender based on the customer's equity in an owner-occupied, one-unit, single-family dwelling. Rates are quoted based on FICO scores. The loan is based on a cumulative loan to value (LTV) for the property of 80% (including all mortgages and the home equity loan). The term is 60 months. A lien must be placed on the property as part of the processing of the loan. If the institution offers a no closing cost loan, this is the product that is listed. If the institution does not offer a no closing cost loan, the closing costs are noted in fees and conditions. The rate may represent a range. If this is the case, an explanation will be provided in the fees and conditions field. The rate in the table is the stated rate (the rate that the lender says most borrowers are given), if the range does not include the notation avg (average). The rate represents an average, where the notation avg appears indicating that the lender does not offer a stated rate. If the lender provides a discount on the rate with an auto debit feature, it is noted in fees and conditions.

$30K HELOC

A $30,000 revolving, open-ended line of credit provided to a new customer with average income and no other relationship to the lender based on the customer's equity in an owner-occupied, one-unit, single-family dwelling. All quotes are based on FICO scores. The line of credit quote is based on a cumulative loan to value (LTV) for the property of 80% (including all mortgages and the home equity line of credit). A lien must be placed on the property as part of the processing of the loan. If the institution offers a no closing cost loan, this is the product that is listed. If the institution does not offer a no closing cost loan, the closing costs are noted in fees and conditions. The rate may represent a range. If this is the case, an explanation will be provided in the fees and conditions field. The rate in the table is the stated rate (the rate that the lender says most borrowers are given), if the range does not include the notation avg (average). The rate represents an average, where the notation avg appears indicating that the lender does not offer a stated rate. If the lender provides a discount on the rate with an auto debit feature, it is noted in fees and conditions along with any annual fees.

$30K high LTV HELOC

A $30,000 revolving, open-ended line of credit provided to a new customer with average income and no other relationship to the lender based on the customer's equity in an owner-occupied, one-unit, single-family dwelling. All quotes are based on FICO scores. The line of credit quote is based on a cumulative loan to value (LTV) for the property of 90.01% of higher (including all mortgages and the home equity line of credit). A lien must be placed on the property as part of the processing of the loan. If the institution offers a no closing cost loan, this is the product that is listed. If the institution does not offer a no closing cost loan, the closing costs are noted in fees and conditions. The rate may represent a range. If this is the case, an explanation will be provided in the fees and conditions field. The rate in the table is the stated rate (the rate that the lender says most borrowers are given), if the range does not include the notation avg (average). The rate represents an average, where the notation avg appears indicating that the lender does not offer a stated rate. If the lender provides a discount on the rate with an auto debit feature, it is noted in fees and conditions along with any annual fees.

$30K high LTV home equity loan

A $30,000 loan provided to a new customer with average income and no other relationship to the lender based on the customer's equity in an owner-occupied, one-unit, single-family dwelling. Rates are quoted based on FICO scores. The loan is based on a cumulative loan to value (LTV) for the property of 90.01% or higher (including all mortgages and the home equity loan). The term is 60 months. A lien must be placed on the property as part of the processing of the loan. If the institution offers a no closing cost loan, this is the product that is listed. If the institution does not offer a no closing cost loan, the closing costs are noted in fees and conditions. The rate may represent a range. If this is the case, an explanation will be provided in the fees and conditions field. The rate in the table is the stated rate (the rate that the lender says most borrowers are given), if the range does not include the notation avg (average). The rate represents an average, where the notation avg appears indicating that the lender does not offer a stated rate. If the lender provides a discount on the rate with an auto debit feature, it is noted in fees and conditions.

$30K home equity loan

A $30,000 loan provided to a new customer with average income and no other relationship to the lender based on the customer's equity in an owner-occupied, one-unit, single-family dwelling. Rates are quoted based on FICO scores. The loan is based on a cumulative loan to value (LTV) for the property of 80% (including all mortgages and the home equity loan). The term is 60 months. A lien must be placed on the property as part of the processing of the loan. If the institution offers a no closing cost loan, this is the product that is listed. If the institution does not offer a no closing cost loan, the closing costs are noted in fees and conditions. The rate may represent a range. If this is the case, an explanation will be provided in the fees and conditions field. The rate in the table is the stated rate (the rate that the lender says most borrowers are given), if the range does not include the notation avg (average). The rate represents an average, where the notation avg appears indicating that the lender does not offer a stated rate. If the lender provides a discount on the rate with an auto debit feature, it is noted in fees and conditions.

$50K HELOC

A $50,000 revolving, open-ended line of credit provided to a new customer with average income and no other relationship to the lender based on the customer's equity in an owner-occupied, one-unit, single-family dwelling. All quotes are based on FICO scores. The line of credit quote is based on a cumulative loan to value (LTV) for the property of 80% (including all mortgages and the home equity line of credit). A lien must be placed on the property as part of the processing of the loan. If the institution offers a no closing cost loan, this is the product that is listed. If the institution does not offer a no closing cost loan, the closing costs are noted in fees and conditions. The rate may represent a range. If this is the case, an explanation will be provided in the fees and conditions field. The rate in the table is the stated rate (the rate that the lender says most borrowers are given), if the range does not include the notation avg (average). The rate represents an average, where the notation avg appears indicating that the lender does not offer a stated rate. If the lender provides a discount on the rate with an auto debit feature, it is noted in fees and conditions along with any annual fees.

$50K high LTV HELOC

A $50,000 revolving, open-ended line of credit provided to a new customer with average income and no other relationship to the lender based on the customer's equity in an owner-occupied, one-unit, single-family dwelling. All quotes are based on FICO scores. The line of credit quote is based on a cumulative loan to value (LTV) for the property of 90.01% of higher (including all mortgages and the home equity line of credit). A lien must be placed on the property as part of the processing of the loan. If the institution offers a no closing cost loan, this is the product that is listed. If the institution does not offer a no closing cost loan, the closing costs are noted in fees and conditions. The rate may represent a range. If this is the case, an explanation will be provided in the fees and conditions field. The rate in the table is the stated rate (the rate that the lender says most borrowers are given), if the range does not include the notation avg (average). The rate represents an average, where the notation avg appears indicating that the lender does not offer a stated rate. If the lender provides a discount on the rate with an auto debit feature, it is noted in fees and conditions along with any annual fees.

$50K high LTV home equity loan

A $50,000 loan provided to a new customer with average income and no other relationship to the lender based on the customer's equity in an owner-occupied, one-unit, single-family dwelling. Rates are quoted based on FICO scores. The loan is based on a cumulative loan to value (LTV) for the property of 90.01% or higher (including all mortgages and the home equity loan). The term is 60 months. A lien must be placed on the property as part of the processing of the loan. If the institution offers a no closing cost loan, this is the product that is listed. If the institution does not offer a no closing cost loan, the closing costs are noted in fees and conditions. The rate may represent a range. If this is the case, an explanation will be provided in the fees and conditions field. The rate in the table is the stated rate (the rate that the lender says most borrowers are given), if the range does not include the notation avg (average). The rate represents an average, where the notation avg appears indicating that the lender does not offer a stated rate. If the lender provides a discount on the rate with an auto debit feature, it is noted in fees and conditions.

$50K home equity loan

A $50,000 loan provided to a new customer with average income and no other relationship to the lender based on the customer's equity in an owner-occupied, one-unit, single-family dwelling. Rates are quoted based on FICO scores. The loan is based on a cumulative loan to value (LTV) for the property of 80% (including all mortgages and the home equity loan). The term is 60 months. A lien must be placed on the property as part of the processing of the loan. If the institution offers a no closing cost loan, this is the product that is listed. If the institution does not offer a no closing cost loan, the closing costs are noted in fees and conditions. The rate may represent a range. If this is the case, an explanation will be provided in the fees and conditions field. The rate in the table is the stated rate (the rate that the lender says most borrowers are given), if the range does not include the notation avg (average). The rate represents an average, where the notation avg appears indicating that the lender does not offer a stated rate. If the lender provides a discount on the rate with an auto debit feature, it is noted in fees and conditions.

$75K HELOC

A $75,000 revolving, open-ended line of credit provided to a new customer with average income and no other relationship to the lender based on the customer's equity in an owner-occupied, one-unit, single-family dwelling. All quotes are based on FICO scores. The line of credit quote is based on a cumulative loan to value (LTV) for the property of 80% (including all mortgages and the home equity line of credit). A lien must be placed on the property as part of the processing of the loan. If the institution offers a no closing cost loan, this is the product that is listed. If the institution does not offer a no closing cost loan, the closing costs are noted in fees and conditions. The rate may represent a range. If this is the case, an explanation will be provided in the fees and conditions field. The rate in the table is the stated rate (the rate that the lender says most borrowers are given), if the range does not include the notation avg (average). The rate represents an average, where the notation avg appears indicating that the lender does not offer a stated rate. If the lender provides a discount on the rate with an auto debit feature, it is noted in fees and conditions along with any annual fees.

$75K high LTV HELOC

A $75,000 revolving, open-ended line of credit provided to a new customer with average income and no other relationship to the lender based on the customer's equity in an owner-occupied, one-unit, single-family dwelling. All quotes are based on FICO scores. The line of credit quote is based on a cumulative loan to value (LTV) for the property of 90.01% of higher (including all mortgages and the home equity line of credit). A lien must be placed on the property as part of the processing of the loan. If the institution offers a no closing cost loan, this is the product that is listed. If the institution does not offer a no closing cost loan, the closing costs are noted in fees and conditions. The rate may represent a range. If this is the case, an explanation will be provided in the fees and conditions field. The rate in the table is the stated rate (the rate that the lender says most borrowers are given), if the range does not include the notation avg (average). The rate represents an average, where the notation avg appears indicating that the lender does not offer a stated rate. If the lender provides a discount on the rate with an auto debit feature, it is noted in fees and conditions along with any annual fees.

$75K high LTV home equity loan

A $75,000 loan provided to a new customer with average income and no other relationship to the lender based on the customer's equity in an owner-occupied, one-unit, single-family dwelling. Rates are quoted based on FICO scores. The loan is based on a cumulative loan to value (LTV) for the property of 90.01% or higher (including all mortgages and the home equity loan). The term is 60 months. A lien must be placed on the property as part of the processing of the loan. If the institution offers a no closing cost loan, this is the product that is listed. If the institution does not offer a no closing cost loan, the closing costs are noted in fees and conditions. The rate may represent a range. If this is the case, an explanation will be provided in the fees and conditions field. The rate in the table is the stated rate (the rate that the lender says most borrowers are given), if the range does not include the notation avg (average). The rate represents an average, where the notation avg appears indicating that the lender does not offer a stated rate. If the lender provides a discount on the rate with an auto debit feature, it is noted in fees and conditions.

$75K home equity loan

A $75,000 loan provided to a new customer with average income and no other relationship to the lender based on the customer's equity in an owner-occupied, one-unit, single-family dwelling. Rates are quoted based on FICO scores. The loan is based on a cumulative loan to value (LTV) for the property of 80% (including all mortgages and the home equity loan). The term is 60 months. A lien must be placed on the property as part of the processing of the loan. If the institution offers a no closing cost loan, this is the product that is listed. If the institution does not offer a no closing cost loan, the closing costs are noted in fees and conditions. The rate may represent a range. If this is the case, an explanation will be provided in the fees and conditions field. The rate in the table is the stated rate (the rate that the lender says most borrowers are given), if the range does not include the notation avg (average). The rate represents an average, where the notation avg appears indicating that the lender does not offer a stated rate. If the lender provides a discount on the rate with an auto debit feature, it is noted in fees and conditions.


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