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

Posted by admin on March 5th, 2010 and filed under home equity | 2 Comments »

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.

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

2 Responses

  1. greta Says:

    If you were in the US I’d say caretul you may be stepping into legal problems.
    References :

  2. Landlord Says:

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

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