From: trader4@optonline.net
Newsgroups: misc.consumers.house
Subject: Re: dishonest Lender?
Date: 13 Jul 2006 19:06:09 -0700
   posting-account=vW3O0AwAAABxQqAj-ZYxYAKqrqLQW3tX


catalpa wrote:
>  wrote in message
> news:1152730159.906698.52100@75g2000cwc.googlegroups.com...
> > I was applying for a Home Equity Loan and I told the Loan Offincer that
> > I wanted a 60,000 loan and a fixed rate. He took down my info and said
> > that since my husband and I have excellent credit that we will have no
> > problem.
> 
>
> There is no shortage of fixed rate home equity lenders, just go to another
> one. You can get a list of lenders for your area at www.bankrate.com . Banks
> such as Citizens Bank offer fixed rate home equity loans at fair rates and
> "No application costs, no closing costs or annual fees ".

I agree.  I'd also focus on the loan term and interest rate, as opposed
to what the monthly payment will be.  You can always make the monthly
payment look smaller by quoting a longer term.