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loans Midland Teachers Credit Union

Home Equity

 

Home Equity Loans with MTCU have many benefits!

When you need EXTRA CASH for SPECIAL EVENTS OR PROJECTS, the equity in your home can help. You can use the funds anyway you’d like: home remodel, debt consolidation, certification or continued education, travel or any other worthwhile purpose.  You can borrow up to 80% of the tax-assessed value of your home, minus your current mortgage.

*First Or Second Liens Available

*No Origination Fees

*No Appraisal On Loans Less Than $250,000

*Competitive Rates

*Terms Up To 15 Years

 

 

For more information, contact our Home Equity Loan Officer at 432-688-7300 ext 7326. 


Minimum monthly payments include Principal and Interest. Property must be in the State of Texas, and the Owner’s occupied primary residence.    Mobile Homes are excluded.  The property must be classified as a Homestead, and cannot be used for agricultural purposes.    

                                             

After application, a Home Equity Loan Officer will contact you to:

  • Guide you through the loan process

  • Complete your application package

  • Help you select the best program and interest rate

     

    MTCU NMLS# 416172



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