answersLogoWhite

0

Yes, you can transfer a home equity loan to another bank, but it typically involves paying off the existing loan and then applying for a new loan with the new bank. This process may include closing costs and fees, and it’s important to compare the terms of the new loan with your current one. Additionally, you should check if your current lender has any prepayment penalties before making the switch.

User Avatar

AnswerBot

37m ago

What else can I help you with?

Related Questions

Can I get a home equity loan from a Texas bank if I live in another state?

You should be able to get a home equity loan if you live in another state. The most important factor is your credit rating.


Can you apple for a Home Equity Line of Credit at Tri Counties bank?

Yes you can apply for a Home Equity Line of Credit at a Tri County Bank. You can apply for a Home Equity Line of Credit at any bank of your choosing. Hopefully you have a bank near you.


Where can someone find the lowest home equity rates?

There are several websites that someone can find the lowest home equity rates including Zillow and Bank Rate. Another options is to go to a local bank and discuss rate options.


Where can I find a home equity loan?

Home equity loans are something that has to be signed off on by the bank. You can go to the bank where you do your banking at and talk to a home loan specialist.


What home equity release schemes does the Bank of America offer?

Currently the Bank of America doesn't offer home equity release schemes, but rather home equity loans. When taking out a home equity loan, one must be conscious about making the payments on time or risk a foreclosure on the home.


Where can one get a home equity loan in California?

Wells fargo is a bank were you can get a home equity loan. Bank america as well. US Bank, HSBC, are other banks that offer a home equity loan. Bankrate's website can offer tips and advice on rates and calculators.


Can you transfer the lien from your home equity loan to another property you own?

No, you cannot "Transfer" the loan. But you can take out a loan on the other property and use it to pay off the first.


Where can the lowest home equity loans be found?

Banks that offer home equity loans include Wells Fargo, BB&T, Bank of America, US bank and SunTrust bank. Depending on the area of the home equity loan, the lowest loans usually come from US bank or Wells Fargo.


What companies sell a fixed home equity loan?

A fixed home equity loan is a type of loan where the borrow uses the equity in their home as collateral. Various companies sell this type of loan like Bank of America and Citizens Bank.


What is the advantage to bank of home banking?

1. you don't have to go out of home to the bank 2. saves time 3. you an easily transfer your money to another account


What is a home equity line?

A home equity line of credit is a loan that you take out from a bank using the equity in your home as collateral. By doing this, you are able to get a lower rate since the debt is secured by your home.


Does Key Bank offer home equity loans?

Key Bank does offer home equity loans to those that qualify. They offer both standard and high value home equity loans, and also offer payment protection and online banking.