Home Equity Loans

Home Equity Loans are available for just about anything you want or need.

With a Home Equity Loan from SwRCFCU, you can improve your life in a number of ways. Start with your house and add new paint, flooring, outside deck, or a new room. You can even use one of our Home Equity Loans to improve your life in a lot of other ways, from financing a college education to enjoying that well-deserved vacation. No matter how you decide to improve your life, you could qualify for a minimum of $5,000. Home Equity Loans from SwRCFCU are limited to 80% of the appraised value, minus the liens against the property.

Apply for your Home Equity Loan today.

If you’re interested in any of our home mortgage services or if you just need some questions answered, call us at 210.684.1054 or stop by the branch.
You can also click here to get started.

Home Equity Loan FAQS

Q. What is a Home Equity Loan?
A. Home Equity Loans are loans that are secured by the equity you have built up in your homestead property through payments toward the principal amount of an existing mortgage debt. They are often one of the least expensive forms of consumer borrowing, as the interest you pay on the loan may be tax deductible.

Q. What is a homestead?
A. Under law, a homestead is defined as your primary residence. Rental property and unimproved real estate do not classify as a homestead property.

Q. What can I borrow for?
A. You can borrow for whatever your needs including education, home improvements, debt consolidation, or new vehicle.

Q. Home often can I borrow?
A. Under Texas state law, you are permitted only one Home Equity loan at a time. Further, the law allows only one Home Equity Loan within any 12-month period.