u/leifnoto

I need to borrow money to do some home improvements, Helocs seem like the best option but they always have a hangup one way or another. Either the interest rate is too high, the closing costs are too high, the terms are bad etc. I have a lot of equity in my house and a good credit score, but every lender I talk to seems like a slimy sales man trying to get one over on me. Why do they need huge closing costs when they're already making 6%+ APR off my loan, and the money I'd borrow is guaranteed multiple times over.