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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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Markets:

Texas

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Loan Amounts:

$100K+

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Term

Up to 30 years

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Amortization:

Up to 30 years

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Rate:

Market rates

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Fees:

TBD

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LTV:

Up to 80%

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LTC:

N/A

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Qualifying:

Primary residences only

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Recourse:

Yes

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Prepay penalty:

No

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CLTV:

80%

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Escrows:

Not required

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Credit Score:

680 Minimum

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