Unbelievable! Home equity line solicitations before house!

[CindyLou]

I just opened the mail and today we have received 2 solicitations for home equity line..one from HSBC and another company I've never heard of and we haven't even found a house yet!!!

These companies must troll the reports and look for people who have applied for mortgage loans recently. We first applied for and got approval back in November, so they must have seen then inquiries from the mortgage co. and assumed we are in a house.

I've never received these before and I'm a renter, so I'm sure they were triggered by the mortgage loan app. info on my credit report.

That is just sad. (and a little scary)

[NotFun]

yes they do, being in the mortgage business I've seen some scary crap out there.

There's web sites that you search for Real Estate, and that triggers lenders that your inquiring and thats when the calls begin.

[CindyLou]

Yep, I thought about when I had initially put my information on Lendingtree.....I think that may be where it came from.

BTW, we got two more today.