Re: Does ditech.com suck?
J. Cameron Davis wrote:
I called ditech.com to apply for a home equity line of credit. I'm not
thrilled with them. They base the interest rate on the appraised value of
the house, and they're claiming that the house is worth less than it really
is so they can charge me a higher rate of 10.5 per cent. Is that a high rate
for a home equity loan?
Prime minus 1/2 is a fair rate; so around 6% is good.
.
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