HOME EQUITY LOANS
Unlock your home’s borrowing power to consolidate high-interest rate credit cards, pay off medical bills, make home improvements or meet other financial goals.
A Home Equity Loan makes major purchases affordable with:
- Predictable payments that won’t shock your budget
- Flexible repayment terms from 5 to 20 years based on loan amount
- Loan amounts that match your financial goals. There’s no need to secure a loan for more money than you need. Maximum loan amounts can be granted up to 80% CLTV (combined loan-to-value).
Home Equity Loan Rates
*APR is Annual Percentage Rate. The APR is as of 05/22/2024. APR calculations are based on an assumed loan amount of $50,000. Minimum loan amount is $30,000. Maximum loan amount cannot exceed 80% CLTV (combined loan-to-value). All loans are subject to approval. Rates and terms are subject to change without notice and may vary based on creditworthiness. Borrower may be responsible for certain closing costs, the exact amount of which depends on the property type, location, and the loan amount. Property insurance is required, including flood insurance where required. Payment Example: For a $50,000 loan for a term of 15 years (180 months) with a 7.18% APR, the monthly payment will be $445.23. Taxes and insurance premiums are not included in this payment example and member’s actual payment obligation may be greater.
Home Equity Line of Credit
Did you know you can access the equity in your home without selling it?
You can tap into those funds with a Home Equity Line of Credit (HELOC). Your home’s value can unlock financial options you didn’t know you had.
Unlike other HELOCS, we offer borrowers a fixed interest rate for the life of the credit line.
Your home’s value can unlock financial options you didn’t know you had.
Contact a Home Loan Specialist who can walk you through our easy application and quick closing process for your Home Equity Line of Credit.
Speak with a Home Loan Specialist at 210-230-9380.
Interest-only payments for the first 5 years
Repayment terms up to 15 years
Initial minimum draws of $10,000
Home Equity Line of Credit (Interest-Only)
*APR is Annual Percentage Rate. The APR is as of 05/22/2024. APR is based on an assumed balance of $50,000. Minimum loan amount $20,000. Maximum loan amount cannot exceed 80% CLTV (combined loan-to-value) All loans are subject to approval. Rates and terms are subject to change without notice and may vary based on creditworthiness. Borrower may be responsible for certain closing costs, the exact amount of which depends on the property type, location, and the amount of the equity line. Property insurance is required, including flood insurance where required.
**Payments are interest-only for the first 5 years.
Home Equity Line of Credit (Principal + Interest Payments)
*APR is Annual Percentage Rate. The APR is as of 05/22/2024. APR is based on an assumed balance of $50,000. Minimum loan amount $20,000. Maximum loan amount cannot exceed 80% CLTV (combined loan-to-value). All loans are subject to approval. Rates and terms are subject to change without notice and may vary based on creditworthiness. Borrower may be responsible for certain closing costs, the exact amount of which depends on the property type, location, and the amount of the equity line. Property insurance is required, including flood insurance where required.