California Home Equity Loan

Here's where to get the lowest interest rate
on California home equity loans

The real estate market is in disarray. The subprime mortgage crisis make front page news daily. Foreclosure rates are skyrocketing. Prices for nearly everything are rising rapidly; everything except houses. Home values are falling, along with consumer confidence and the willingness of banks to extend further loans to troubled homeowners. In this environment, it is much more difficult to obtain a California home equity loan compared to a few years ago when money was flowing much more readily.

Best Lender for

California Home Equity Loans

Unfortunately, the subprime mortgage crisis has caused a great deal of financial pain and losses for most of the nation's largest real estate lenders. As a result, they've really tightened lending requirements. The changes in the lending climate over the past 18 months have been dramatic. Lenders are now much, much more concerned about the ability of borrowers to repay loans. When searching for a California home equity loan, it will be equally as important to find a lender that offers the lowest rates, as well as one that has not tightened lending requirements to the point that only a very small fraction of applicants will qualify. We are constantly surveying the field of lenders to keep aware of the changes in the lending industry. The lender with our highest recommendation right now is the multinational ING Direct. You can go here for an ING DIRECT California Home Equity Loan. Simply click the blue apply button and you will be taken directly to the online  application. They have the lowest rates for home equity loans, an easy online application with no application fees of any kind, and they have not been severely hurt by the subprime mortgage crisis.  They are still approving the majority of applications for California home equity loans. Additionally, they will typically approve online applications in under 3 minutes so will will not have to wait long to find out the status of your application.

California Overview & Statistics

State Overview

Although California was sighted by Spanish navigator Juan Rodríguez Cabrillo in 1542, its first Spanish mission (at San Diego) was not established until 1769. California became a U.S. territory in 1847 when Mexico surrendered it to John C. Frémont. On Jan. 24, 1848, James W. Marshall discovered gold at Sutter's Mill, starting the California Gold Rush and bringing settlers to the state in large numbers. By 1964, California had surpassed New York State to become the most populous state. One reason for this may be that more immigrants settle in California than any other state—more than one-third of the nation's total in 1994. Asians and Pacific Islanders led the influx.

Leading industries in California include agriculture, manufacturing (transportation equipment, machinery, and electronic equipment), biotechnology, aerospace-defense, and tourism. Principal natural resources include timber, petroleum, cement, and natural gas.

Death Valley, in the southeast, is actually 282 ft below sea level, the lowest point in the nation. Mt. Whitney (14,491 ft) is the highest point in the contiguous 48 states. Lassen Peak is one of two active U.S. volcanoes outside of Alaska and Hawaii; its last eruptions were recorded in 1917.

California Home Equity Loan Resources

Listed below are a variety of resources relating to California home equity loans:

California Home Mortgage Loan

Home Equity Loan Online

Bad Credit 2nd Mortgage