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Closed for Christmas Eve and Christmas Day

 

All of our branches and offices will be closed on Saturday, Dec. 24th, 2022 for Christmas Eve & Monday, Dec. 26th, 2022 for Christmas Day. We will reopen for business on Tuesday, Dec. 27th, 2022 9:00 AM.

 

More Information

Home Equity Lending

 

Make Your Home's Equity Work For You

 

Texans are resourceful, which is why we provide three products to help you use the equity in your home to work for your needs. From home equity loans to lines of credit, if you can dream it you can do it with a Texans home equity product.

Consolidate Debt

Home Improvement

Education Expenses

Dream Vacation

Home Equity Loan

Texans are all about freedom, and with our Home Equity Loans1, you’re free to decide how you use your funds. Benefits of a Home Equity Loan with Texans include:

  • Up to 80% of home's fair market value
  • Low, fixed rate
  • Disbursed in a lump sum
  • Terms up to 20 years

 

Home Equity Line of Credit

Texans are innovative, and our Home Equity Lines of Credit2 are too. With no restrictions on what you use your funds for, you get money when you need it, and at a competitive, variable rate. Other benefits include:

  • Borrow up to 80% of home's fair market value
  • Disbursed conveniently as needed, during five-year draw period
  • Withdraw as little as $4,000 at a time
  • Repay over a 15-year period
  • No closing costs or fees

 

Home Improvement Loan

Texans are doers, and with our Home Improvement Loans3, we’re making it easier than ever to make improvements to your home by a licensed contractor.

  • Low, fixed rates
  • Borrow up to 95% of home's fair market value
  • Funds are disbursed in one lump sum
  • Terms up to 20 years

 

Texans are all about freedom, and with our Home Equity Loans,1 you’re free to decide how you use your funds. Benefits of a Home Equity Loan with Texans include:

  • Up to 80% of home's fair market value
  • Low, fixed rate
  • Disbursed in a lump sum
  • Terms up to 20 years

Texans are innovative, and our Home Equity Lines of Credit2 are too. With no restrictions on what you use your funds for, you get money when you need it, and at a competitive, variable rate. Other benefits include:

  • Borrow up to 80% of home's fair market value
  • Disbursed conveniently as needed, during five-year draw period
  • Withdraw as little as $4,000 at a time
  • Can be repaid over a 15-year period
  • No closing costs/fees


Texans are doers, and with our Home Improvement Loans,3 we’re making it easier than ever to make improvements to your home by a licensed contractor.

  • Low, fixed rates
  • Borrow up to 95% of home's fair market value
  • Funds are disbursed in one lump sum
  • Terms up to 20 years

 







Additional Information Regarding Home Equity Lines of Credit

What You Should Know
Early Disclosure Statement

 

*Texans mortgage lending is restricted to property in Texas. Loans subject to credit and property approval, other terms and conditions apply. Property insurance is required, including flood insurance where applicable. Valid for primary residences only. Loan may not be used to purchase the property being used as collateral. First-lien home equity loans are not available to purchase a new primary owner-occupied residence; owner-occupied primary residence must already be purchased. Lot size less than 10 acres. Condominiums and Manufactured homes are not eligible. Consumer purposes only. Products, rates, terms and conditions are subject to change without notice; other restrictions may apply.

1 Minimum loan amount is $25,000 for first-lien home equity loans; terms up to 15 years available. Home Equity loans are limited to 80% of the home's fair market value less the balances of any outstanding liens. Member may incur one-time property tax monitoring fee; no other closing costs on loans up to $150,000. Member incurs cost of full title policy on loans greater than $150,000.

2 Rates are variable Annual Percentage Rates based on the Prime Rate published in the Wall Street Journal, plus a margin. Prime is a variable rate; as it changes, the APR on your account will also change. The maximum annual percentage rate will never be greater than 18%. You may pay certain 3rd party fees to open your line of credit. These fees generally range from $150 to $1,800. Minimum loan amount is $10,000 for a Home Equity Line of Credit. Home Equity Line of Credit loans are limited to 80% of the home's fair market value less the balances of any outstanding liens. Automatic payments are not available for home equity line of credit loans.  Required minimum payment of interest only each month during the draw period.

3 Minimum loan amount for a first or second-lien Home Improvement loan is $10,000 and maximum is $25,000; terms up to 20 years available. Home Improvement loans are limited to 95% of the home's fair market value less the balances of any outstanding liens. Must have approved contract/agreement with contractor prior to final loan approval. Member may incur one-time property tax monitoring fee.

This is not an offer to extend consumer credit as defined by Section 226.2 of Regulation Z. Rates and terms are determined by the overall creditworthiness of each applicant, and are subject to change at any time without notice.

Texans Credit Union NMLS #530654

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