Home Equity Loan

If you’ve built equity in your home over the years, you can use it for home improvement projects, education expenses, or consolidating your debts with a Home Equity Loan from Greater Texas and Aggieland CU.

Plus, the interest paid on your Home Equity Loan may be 100% tax deductible.* Your credit union can help you recycle the money in your home with a Home Equity Loan.

Learn more about a home equity loan, advantages and disadvantages and the many uses .

Watch this video to learn more about the home equity loan process and how your credit union will be with you every step of the way.

To apply for a Home Equity fill out the application and return it to us along with the following:

Married? your spouse must apply for the loan as a co-applicant. All income will need to be verified for both applicants.
12 day notice
Mortgage Fraud Warning
Written verification of income. We need last 2 years tax returns plus 2 months of current pay stubs.
A tax statement
Your deed of trust
Your Homeowners Insurance Policy
Your Mortgage Balance
For Home Improvement we will also need a contractor's bid
When the new loan amount is $100,000 or more and the total Loan to Value Ratio of the property is more than 65%, the credit union will require a certified appraisal to determine the value of the property.