How to use and apply home equity loan

[Kevin Zhang]

Hi bigger pockets community, I’m in the process of looking into getting equity loan with Wells Fargo because that who I have I mortgage with. They giving me good discount. However I heard that there may be better local lenders than major corporation. What the pro and cons? Is there any one that can refer a local lender here in Sf? What should I look for in home equity loan? Should I worry about annual adjustable rate? Thanks in advance for your valuable input.