Home Equity Loan Texas & Texas HELOC rates

TODAY'S HOME EQUITY LOAN, REFINANCE RATES, Texas:

Looking for today's current 30 year fixed rates?

If you live in Texas we can help you with all of your mortgage or investment refinance needs. We even offer home equity loans on owner occupied property as well as investment cash out loans refinances

< We have satisfied clients all over Texas, offering up to 97% lending or 80/15 or 80/10 mortgages. To avoid PMI we can do an 80/10, 80/15 (95%) or 80/10/10 (90%) home loan. Yes, we offer investment property cash out refinancing.

In Austin, Texas- please call 512-996-8194.

In Houston,Texas call 713-589-2244.

We serve all of Texas--from Lubbock to El Paso..Dallas to Harlingen. If you have a Texas Zip code we can help you!

Home equity loansare a particular form of home mortgage which enable a homeowner to convert the equity in his home into cash by borrowing money secured by a lien on his homestead. The word "equity" means the difference between the fair market value of your home and the total of all the debts against it. For example, if you have an $80,000.00 home and still owe $30,000.00 on your mortgage, you have $50,000.00 in equity.

Unique Aspects of Texas Home Equity Loans

Because Texas laws have traditionally been designed to protect individuals and their families, home equity loans were not even possible in Texas until late 1997. Change comes slowly, however, so when Texas real estate law was finally amended to permit home equity loans, it included some of the strongest consumer protections in the nation. The law is both lengthy and complex, but some of the most significant provisions are:

The total of all mortgage debt (not just the home equity loan) cannot exceed 80% of the fair market value of the home. So, if you already have a $30,000.00 mortgage against your $80,000.00 home, the most you can borrow is $34,000.00 ([.80 x 80,000] - 30,000). If the mortgage on that same $80,000.00 home were $65,000.00, a home equity loan would not even be possible because the current mortgage already exceeds 80% of the fair market value.

HOME Texas Mortgage and Refinance Rates: Need to refinance your home or investment property? We offer owner-occupied and investment refinancing. We also offer Texas Home Equity loans or "cash out" mortgages, including equity loans on investment properties with NO APPLICATION FEES.

Whether you're a first time home buyer and need 97% financing, want to put 5% - 10% down on your Texas jumbo mortgage, or need to get rid of your consumer debt with a Texas Home Equity (cash out) home loan--we can help.

Please take 5 minutes and call us at 512-996-8194 and let us take the legwork out of your home loan search. In Houston, please call 713-589-2244.

We don't charge application fees and there's never an obligation. One of the most common compliments we hear is when our clients say "we wished we would have called you first."

30 Today's Current Mortgage Rates Home Equity loan 30 year fixed rates Texas

Ask us about second home mortgage rates as well as our special mortgage programs for teachers, nurses, and physicians.

Today's HOME EQUITY (HELOC) Texas Home Equity Loan refinances (Cash out loans) are for those who want to consolidate their bills into a single tax deductible mtg note. Home Equity Loans help our clients save hundreds each month. When you're out of consumer debt you can now afford to pay extra on a 30 year mortgage so your home is paid off in 15 years, not 30 years. This will save you thousands in interest!

Texas Home Equity (cash out)loans have some restrictions, like the 3% rule, 80% rule...so call us today and work with a local Texas mortgage company who is experienced with these types of home loans.

We do Texas Home Equity Loans in every Texas City: Dallas/Ft Worth, Houston, El Paso, Lubbock, Waco, Harlingen, and of course, Austin, Texas.

Buying a condo and would like a "no PMI" mortgage up to 95%--call us at 512-996-8194 PMI Mortgage Rates No PMI Mortgage

30 year fixed rates Today's Current Investment property Refinance (cash out) home equity loans are available and we never charge mtg application fees.

Want to avoid PMI? Call us at 512-996-8194 so we can show you how to avoid PMI.

We specialize in helping you achieve your short and long range financial goals.

Need help paying for college tuition and want to avoid student loans? Interested in buying Tx investment property or using real estate to help fuel your retirement income? Your financial needs are our business. From mortgage application to a smooth "stress free" closing, we work with you every step of the way.

Today's Current Mortgage Rates Home Equity loan 30 year fixed rates Texas

Todays Home Equity Loan Texas Mortgage Rates 30 year fixed rates Texas

Like to know the today's current 30 year fixed mortgage rates in Texas or have a specific home equity loan or closing costs question? Email us and ask!


Jon Spears
Mylendingplace.com
401 Congress Avenue; Suite 1540
Austin, Texas 78701
512-996-8194 (Austin Tx Office)
713-589-2244 (Houston Tx Office)
512-577-2958 (Mobile)
Licensed Texas Mortgage Refinance Broker #56651