*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. Automatic payment rate discounts may not be available on certain rates, terms and products. 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. Automatic payment rate discounts may not be available on certain rates, terms and products. 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