Equity home loan based on APR
Date: Sat, 11/05/2005 - 14:55
Should I shop for a home equity loan comparing the apr only?
Do not compare only the apr while looking for a home loan. The r
Do not compare only the apr while looking for a home loan. The reason being is that the APR varies from one lender to another lender. When you are looking for a loan, your assessment should be done for the same rates of interest, the type of loan and the terms and conditions laid on it. You should also look into the applicable points and the total closing costs.
After you have researched on the following avenues and got the best offer, you can apply for it.