Submitted by denise m. smith on June 14, 2007 - 06:08.
As a loan officer for a new hampshire based mortgage firm I can assure you that you could not get your own heloc for anywhere close to zero, as their rates are closely tied to the prime, and also that the $3500 fee for the MMA account is actually less than the closing costs on many helocs.
I would be happy to be contacted via the e-mail address I have provided to Wise Bread for further information.
Sincerely,
Denise M> Smith
1
mma and alternatives
Submitted by denise m. smith on June 14, 2007 - 06:08.
As a loan officer for a new hampshire based mortgage firm I can assure you that you could not get your own heloc for anywhere close to zero, as their rates are closely tied to the prime, and also that the $3500 fee for the MMA account is actually less than the closing costs on many helocs.
I would be happy to be contacted via the e-mail address I have provided to Wise Bread for further information.
Sincerely,
Denise M> Smith