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Few lenders online offer home equity loans with no closing costs. These
loans are designed to help the borrower save money, or find a way to
payoff high interest credit cards, car loans, tuition and so forth.
Some borrowers take out the loans to purchase a new vehicle, while
others take out the loan to improve the equity of their home. Home
equity loans are fixed rate loans or adjustable rate loans
that offer a line of credit to borrowers.
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