The myFICO website provides real-time home equity interest rates for different credit score levels. On a 10 year loan, you might pay an interest rate six percentage points higher with a credit score between 620 and 640, as compared to someone with an excellent score. An excellent score falls between 740 and 850.
1 First and foremost, you want to use a legitimate bank. 2  Sticking with a large, widely known bank should be a safe bet. 3  If you're considering a smaller institution, or if you just want to be extra safe, use the Bank Find tool at the FDIC's Web site to make sure the bank is a member of the FDIC.ere are some criteria to consider when choosing where to open a checking account. 1  Legitimacy. 2  First and foremost, you want to use a legitimate bank. 3  Sticking with a large, widely known bank should be a safe bet.
1 Before you can open a bank, you have to prove you've done research into your competitor's businesses and that you can either come up with a comparable product or somehow provide a beneficial service no one else has thought up yet.our bank customers depend upon you to know when to apply the money to a construction loan for a new hospital and when to put the money into a growing investment. Risk is always a factor, but knowing what is an acceptable risk is part of the game.