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A new report from J.D. Power and Associates ranks home equity lenders according to the results of a customer satisfaction survey. As I reported earlier this week, overall customer satisfaction has improved since last year. However, not all HELOC lenders faired equally. Here are the results, on a scale of one to one-thousand: Bank of America: 811 SunTrust: [...] [...more]
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For months, HELOC borrowers have been complaining about frozen and reduced home equity lines. Now, a concerned congressman is asking lenders some tough questions. Representative Dennis Kucinich called the HELOC freezes “very disturbing.” “People have had their home equity lines suspended whether or not their credit is good or not, and whether they have sufficient equity in [...] [...more]
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Some urban areas are experiencing the worst of the bubble burst. Vegas is near the top of that list. Today, Bloomburg published an exclusive article claiming that Countrywide has suspended HELOC lines for pretty much all of their Las Vegas customers: “Homeowners’ pain is acute in Las Vegas, where property values soared 50 percent or more [...] [...more]
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Are you interested in taking out a Countrywide HELOC loan? This article will walk you through the HELOC products Countrywide has available and keep you informed of important updates. Countrywide HELOC Basics Lender Type : major bank Website : www.countrywide.com/equity Phone Number: 1-800-763-1054 Countrywide HELOC Loan Programs There are several options available to Countrywide HELOC customers. The basic Countrywide home equity line [...] [...more]
