Home Equity Loans

Take advantage of the opportunity to access the equity in your home. A home equity loan* is an economical way to borrow money because not only will you have a low-rate loan but you may enjoy a possible federal tax deduction.**

Use the equity in your home to consolidate debt, pay for higher education, start a business, take a dream vacation, or for just about any other borrowing need.

Advantages of applying for a home equity loan at LFCU:

  • Financing available up to 80 percent of fair market value
  • Low fixed rates
  • Credit life and disability insurance available at low cost
  • Automatic payment available

Download the application attachment below to apply for a home equity loan.

*Loans subject to credit approval. Rates and terms subject to change without notice. LFCU home equity loans are available in Webb county and contiguous counties. As a safeguard, a 12-day cooling-off period is required by Texas law before home equity loans may be closed. There is also a three-day right of rescission after closing before the funds may be dispersed. Total debts against the homestead are limited to 80 percent of its fair market value. Minimum loan amount is $10,000.

**Consult a tax advisor about your specific situation. 

Lender licensed by the National Mortgage Licensing System under registration number 477589.

Click Here to schedule an appointment  with a friendly LFCU Mortgage Loan Officer for more information.

Home Equity