What To Look For When Shopping Around For Home Equity Loans?

Any advice on what to look for when shopping around for home equity loans?
Are there referral commissions?
I have a couple of individuals looking for a home equity loan … I told them I’d look into it for them. I’d like to find a quality vendor, but if referrals commissions are paid out, I’d like to negotiate for that too.
How do I figure out what is a “great deal”?
PS. I’ll happily take general replies but this would be specific to Calgary, Alberta, Canada.

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This entry was posted onSeptember 3rd, 2009 at 3:58 pm. You can follow any responses to this entry through the RSS 2.0. Responses are currently closed, but you can Trackback..

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  1. Landlord

    If you were in the US I’d say caretul you may be stepping into legal problems.

    September 3, 2009 4:00 pm | #1
  2. 27amDotC

    You have to have a mortgage license to collect a commission. It is not legal to be involved without a license.

    September 3, 2009 4:19 pm | #2