Home Equity Loans

If you need money for a major expense, home equity loans* are great options. These loans allow you to borrow money against the amount of money you've paid on your home for expenses like home renovations, debt consolidation, or property investments. 

For the best home equity loan options, come to CommunityBank of Texas. We serve Texas and can help you choose the best loan for your expenses. 

How You Can Benefit From a Home Equity Loan 

When you need money, you have a lot of loan options to choose from. However, a home equity loan offers unique benefits: 

• Fixed rate: Some loans may offer a low interest rate at the beginning that slowly grows over time. But with a home equity loan, you will have a fixed rate, so that you always know exactly how much you'll pay. 

• Easier qualification: Depending on your situation, this type of loan can be easier to qualify for. The loan is backed by your house, which secures it as collateral. This means that you may not have to meet qualifications that are standard for other loans. 

• Flexible amount: If you've already paid a lot of your house off, then you could qualify for a larger loan, which means you'll have the ability to cover all your expenses. 

• Tax deduction: When you use a home equity loan for home renovations, you may qualify for a tax deduction, depending on the nature of the improvements. 
  

If you aren't sure which of these benefits apply to you, let us help. We are experts in personal finance and can help you evaluate your circumstances to determine what the best loan option is for you. 

What We Do to Help Our Customers 

Asa home equity loan provider, we are always ready to help. Whether you need advice on which loan to apply for or how to best manage the loan money, we are there to guide you.

To apply for a home equity loan, please:

Click Here to Apply Now!