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Saturday, October 28, 2006. Using the Internet to find lenders is a fast and easy way to compare home equity loans. You no longer have to visit your bank and sit in front of a loan officer to apply for a home equity loan. Here are some helpful tips to find a good lender using the Internet. Home equity loans, often referred to as home equity lines of credit, are based on the amount of equity you have in your home. Equity is the difference of what you owe on your mortgage and how much your home is worth.
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