What rate shall I expect for Secured LOC?
Need to close soon.
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Mumbai Maazi Ladki ...
Depends on your negotiation with individual branch of big 5 banks. You may get different quotes from different branches of the same bank. Though their posted rate on their websites could be prime +1.0% but you may bring it down to even prime +0.5 to prime +0.6. On the other hand, in the broker channel the best so far is being offered as prime +0.6%.
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Pramod Chopra
Senior Mortgage Consultant
Mortgage Alliance Company of Canada
Sirji ... thank you.
I sent you PM ...
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Mumbai Maazi Ladki ...
You are welcome.
Replied to your PM with some explanation.
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Pramod Chopra
Senior Mortgage Consultant
Mortgage Alliance Company of Canada
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