Anyone? Already started the loan process through ETrade but soon realized they weren’t really the cheapest. Although, the nice thing about ETrade is all my accounts are in a single place, might be worth the extra .50 or so.
Depends on your situation.
As with any loan program it will be based off of your parameters.
I have had the best success with National City. All of the Lenders are pretty close in what they offer. (intro rate, prime, prime +) It just depends on what niche you fall into.
National City for the standard stuff. If your going BIG ($150K+) check out Bank One (Prime - 1).
It’s for myself. I’m going 90% LTV which will be a $234,000 line of credit. I checked out Bank One’s web site and they are now a part of Chase. Are you sure they offer Prime -1? Is that only an intro or fixed for the whole term? The best Chase offers is Prime -.50. I don’t see a -1. Can you give me more info on that??
I just checked with them and the Prime - 1.00 Special is over for the time being.
(LTV and Prime -/+)
80% - .76
89% - .25
90% + .50
The spread over prime is fixed for the whole term. When prime adjusts, so does your rate.