Do not use them folks, they will have fake late payments. It will go on your credit and you have to call and write them letters to correct the problem. They are bad news.
I am a homeowner with $250, 000 equity. We held a home equity through GMAC. We got a letter the other day stating that our home equity is suspended. We have a excellent credit score and have never never been late. I called them and they asked me do you know what the economy is like? We are suspended every home equity loan.. BEWARE this company sucks!!! Pull out now and never let them finance your home.