DeepGreen Financial, Cleveland, has announced the introduction of a 30-year fixed-rate home equity loan that is being offered direct to consumers.The loan is available to qualified borrowers at rates beginning at 7.375% and in amounts up to $250,000, DeepGreen said. The loan carries no lender fees, annual fees, or closing costs. "By distributing monthly payments over 30 years, our new home equity loan gives borrowers access to more of their equity with lower payments," said Sy Naqvi, chief executive officer of DeepGreen. "More importantly, borrowers can access the money they need without worrying about a balloon payment down the road." The company can be found on the Web at http://www.deepgreenfinancial.com.
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