View Single Post
Old 03-09-2009, 06:53 PM   #5
CrawfordGene
Rivet Master

Profile:  2008 25' Safari FB SE
Crawford , Colorado
Posts: 2,955

If you have a broker, they may have something. For a short time I used a Home Equity Line of Credit with my broker's bank. They paid all the closing costs and I got a free appraisal. The rate was very low and by not selling any stocks, I made more money on dividends than I was paying in interest and got a tax deduction for mortgage interest. Of course, the stocks are in the trash barrel now, but I have an Airstream. When I added 5 acres to my land, they wanted me to pay for a new title policy plus other expenses, so I paid it off. Too bad, brokerage house. By being dumb they lost money and I made some.

Gene
CrawfordGene is offline   Reply With Quote