Quicken Loans
Michigan quicken Loans loan origination home equity tied to libor index actually tied to prime and so called appraissal at approx. 100k above actual applied for 50k and sold into 100k net result 2% increase in rate
BUYER BEWARE Even if you have been doing business with this company for years as I have. Check appraissal by getting independant one even if you must pay for it upfront. Dont believe originator pertaining the terms of your loan. I applied for a home equity loan for an original amount of 50k. ...