Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 3 years ago on . Most recent reply

User Stats

187
Posts
102
Votes
Keith N.
  • Investor
  • Raleigh, NC
102
Votes |
187
Posts

Banks for FIXED rate home equity loans in North Carolina?

Keith N.
  • Investor
  • Raleigh, NC
Posted

Can anyone recommend a bank (Raleigh local, or other) that offers FIXED RATE Home Equity loans for a primary residence? … NOT a variable rate HELOC.

I specifically want a loan with a longer term (20-30 year) amortization period.

Fixed rate for the life of the loan would be best, however I do not necessarily care if it's a 10/1 ARM, or if a balloon payment is due after year 10 or year 15, etc... As long as the rate is fixed for at least 10 years.

I know these products exist, but I'm seeking recommendations for banks to do business with. Of course I have Googled and picked up the phone a bit, but as you know some banks are easy to work with and some are not.

Does anyone have recommendations for this specific type of loan product?

Loading replies...