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Is it wise to apply for a Home Equity Loan from the same lender as your Mortgage Loan?

Thursday, February 5th, 2009
Buggaboo asked:


Or is it better to search for other lenders? I often hear that if you apply a loan with the same lender whom you already have a loan with; your interest rate will always be higher than if you were to shop around & go with another lender?

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