Home Equity & Home Improvement Loans

Home Equity Loans

Use the equity in your home to consolidate debt, take a vacation, pay for your child’s college education or make repairs around the house.  With flexible financing options, we have the right loan for you.

• Financing available up to 80 percent* of fair market value
• Term options include 5, 10, or 15 years*
• Fixed-rate monthly payments that will not fluctuate
• No prepayment penalties

Home Improvement Loans

Is it time to update your home?  Let us help.  With a home improvement loan you can add a new swimming pool or a new room, update or remodel your kitchen or bathroom, or update the exterior with landscaping and new paint. Whatever your improvement needs, we can help.

• Financing available up to 90 percent of fair market value
• Term options include 5, 10, or 15 years*
• Fixed-rate monthly payments that will not fluctuate
• No prepayment penalties

*Home Equity and Home Improvement Loans are subject to credit approval. Rates and terms subject to change without notice. Loans are available only on property in Texas. 15 year term requires loan amount of $50,000 or more.

Texas law requires a 12-day cooling-off period before Home Equity or Home Improvement Loans may be closed and there is a three-day Right of Rescission after closing before the funds may be disbursed. Total debts against the homestead are limited to 80 percent of its fair market value for Home Equity Loans and 90% of fair market value for Home Improvement loans. Minimum loan amount is $20,000 for either loan.

Borrower will be responsible for closing costs. If required, these closing costs may include title insurance, appraisal fee and survey costs. Hazard insurance is required.