Banks for FIXED rate home equity loans in North Carolina?
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?