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HELOC vs Fixed RateHave a home improvement project or large expense in mind? A fixed rate Home Equity Loan uses the equity in your home to make it happen. A fixed-rate equity loan is a lump sum amount that you draw from your equity. You'll pay it back at a fixed interest rate for the life of the loan with monthly. Make your home nicer and make your life better. At First American Bank, fixed-rate home equity loans come with low interest rates and no strings attached.
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