Comparing rates/terms for HELOC on primary before applying
Hi all! I'm a total newbie here and in the process of researching HELOC terms/rates from different banks for a line on my primary residence. I hope this isn't a dumb question, but when comparing rates and terms for HELOCs from different banks, is it possible to provide my income/current expenses/credit score or SSN to run a credit check and estimated home value to different banks and get a good faith estimate of what the rate would be without having to apply first, since, from what I understand, I can't apply at more than one bank at a time because it would be considered mortgage fraud. And is it better to just get this info in person, if a local bank/union, to start establishing a relationship?
I keep seeing "APR as low as yadda, yadda" but it really doesn't help in my comparison, as I have no idea what rate I would actually qualify for.
Also, I’m in Charleston, SC and a member of the NFCU, and I’m currently comparing NFCU, BB&T and South State Bank, but I’d welcome any other suggestions of banks/credit unions with great rates/terms!
Thanks so much for any advice! I’ve already learned so much from the community, and I’m sure this is the first of many posts as I start my RE investing journey!