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What to look for when shopping around for home equity loans?

Written by Sam on November 28th, 2008

27amDotCom asked:


Any advice on what to look for when shopping around for home equity loans?

Are there referral commissions?

I have a couple of individuals looking for a home equity loan … I told them I’d look into it for them. I’d like to find a quality vendor, but if referrals commissions are paid out, I’d like to negotiate for that too.

How do I figure out what is a “great deal”?

PS. I’ll happily take general replies but this would be specific to Calgary, Alberta, Canada.

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2 Comments at "What to look for when shopping around for home equity loans?"

Powered by Yahoo Answers November 29th, 2008 (#)

The us id say caretul you may be stepping into legal problems.
The us id say caretul you were in the us id say caretul you were in the us id say caretul you were in the us id say caretul you were in the us id say caretul you may.

Powered by Yahoo Answers November 30th, 2008 (#)

You have to have a mortgage license to collect a commission. It is not legal to be involved without a license.