Home Equity Loan

Home equity loans are a great resource for consumers looking to use the “dead equity” in their homes for other purposes such as investing in more real estate, taking a dream vacation, or just buying a vehicle. Consumers can borrow up to 80% of the value of their homes which includes any existing debt.
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Property Types

Residential
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Rate

Market rates
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Recourse

Yes
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Markets

Texas
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Fees

TBD
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Prepay penalty

No
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Loan Amounts

$100K+
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LTV

Up to 80%
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CLTV

80%
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Term

Up to 30 years
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LTC

N/A
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Escrows

Not required
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Amortization

Up to 30 years
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Qualifying

Primary residences only
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Credit Score

680 Minimum

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Houston

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