Note: These are not my comments, I just put it here so someone who has the same question can make their own decision based on someone else experience.Thanks,Saran

I need to install Electric baseboard heat in 6 units and install 6 new electric panels and 6 new water heaters.Thanks,Saran

Sara N.

Thanks Saran

It turns out that the installer plugged the drain pipes on the inside unit with aluminum foil, wrapped them in Saran Wrap, and then finished the seal job with a rubber band.  -- I forgot to mention that high voltage wires into the outside unit were wrapped in masking tape rather than conduit.When it was all said and done, it cost almost $1000 to repair the blotched installation.So, does a license and insurance, etc., really help much?  

Please give me specific answers keeping in mind that all other terms are the same for all of the options below.1) Bank AFixed interest rate = 4.375%Fixed Period = 5 yearsRepayment Loan term (balance due in) = 5 yearsAmortization = 15 years2) Bank BFixed interest rate  = 4.5%Fixed Period = 5 yearsRepayment Loan term (balance due in) = 15 yearsAmortization = 15 years3) Bank CFixed interest rate = 4.7%Fixed Period = 5 yearsRepayment Loan term (balance due in) = 20 yearsAmortization = 20 years4) Bank DFixed interest rate = 5.35%Fixed Period = 10 yearsRepayment Loan term (balance due in) = 20 yearsAmortization = 20 yearsThanks,Saran

Thanks,Saran

Hi Preston,I have often used Moore, Johnson and Saraniti.

Thanks for the link and suggestions Sara N. !

Hello @Saran Sivashanmugam -- Welcome to BiggerPockets!