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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2 Comments for “What to look for when shopping around for home equity loans?”

  1. greta

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

  2. Landlord

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

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