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where can I go to refinance two home equity loans into one? I am in the Albany N.Y. area. Credit is only average. Need a low (5%) interest rate and a fixed rate. Need all of this soon.
By lovecats Posted on 06/08/09 Total Answers 3
Answers-
With only "average" credit...you are wishing for a 5% rate. Full 30 year mortgages are now over 5%, so good luck to that!
Answer by : Ryan M On Date 2009-06-08 08:39:30

Check around at local banks - talk to the loan officer directly. You have probably missed out on a 5% rate though. Rates are up to 5.5% and experts indicate they are likely to stay there for some time.
Answer by : Steve D On Date 2009-06-08 08:40:31

Not only will you not get 5% loan, with "average" credit rating you may not be able to do anything. Good luck.
Answer by : David M On Date 2009-06-08 08:51:33

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