Posted by jayflorida on 9/10/04 10:14am
Msg #7651

best HELOC offers

hi guys,
I am interested in obtaining a HELOC for myself. I have been doing mostly HELOC for Washingon Mutal. As we do this for a living I know that you all may have a particular company that you have found that has been giving borrowers a good deal. Any input on this situation of mine, I would greatly appreciate it.

Reply by anonymous on 9/10/04 10:39am
Msg #7652

may sound stupid, but what does HELOC stand for?

Reply by EP_Virginia on 9/10/04 10:41am
Msg #7653

Home Equity Line of Credit

Reply by Jan Kohake on 9/10/04 10:53am
Msg #7654

I do an enormous amout of HELOC's for Citibank.

Reply by Kimberley G on 9/12/04 4:58pm
Msg #7796

Hi Jan,

I am located in Rochester Ny where there are many Citibanks. I worked for them for 8 years.
I would love to do some HELOC closings for them. Which company (Title, SS) does Citibank use to get ther signings done by you? Thank you for your help. : )

Have a great week! Kimberley G

Reply by HisHughness on 9/10/04 11:11am
Msg #7659

Ever notice that when the question begins with, "This may sound stupid..." the poster is always "Anonymous." I know: I've been there myself.

Reply by Loanofficer on 9/10/04 11:33am
Msg #7663

Try Countrywide, they have a great HELOC

Reply by Roger/OH on 9/10/04 11:37am
Msg #7664

Agree that Countrywide has a good product; also do many HELOCS for DeepGreen Bank and Chase.

Reply by Paul_IL on 9/10/04 5:42pm
Msg #7688

CITIBank is offering good deals. small packages, no closing costs, whats not to like for you or the NSA who gets the signing.

Reply by Liz/MD on 9/10/04 9:29pm
Msg #7701

Hi Jay:
Don't you think they are all great guys.... They all want to compete for you The bottom line is find a bank with prime + O. Thats it. Most companies offer below prime for 6 months go fo the prime + 2 fixed.

Reply by Brenda J Khan on 9/11/04 9:23pm
Msg #7768

Great question since I myself am getting a HELOC as well! I am going with Citibank. They offered me 4.55% fixed on a 30 year, with a total of $2,500 for closing costs. Check them out! Good Luck! BK-FL