Make the upgrades you’ve always wanted
Bring your vision to life
Use a home improvement loan to finance a variety of projects. Here’s a few to spur your thinking.
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Build a Pool
We all know that west Texas summers aren’t getting any cooler. Chill out in your own backyard.
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Kitchen Remodel
Cooking for your family is so much more rewarding in a well-designed kitchen.
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Add a Nursery
New family members are a blessing. A space of their own is helpful for the whole family.
Compare home improvement and home equity loans
Borrow the funds you need at a fixed rate and use the cash to make permanent improvements at your primary residence. Loan terms of up to 20 years are available. Interest is tax deductible in many cases.
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Best for members who:
Best for members who:
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Loan proceeds can be used for:
Loan proceeds can be used for:
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Can closing costs be rolled in?
Can closing costs be rolled in?
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Loan funds are distributed to:
Loan funds are distributed to:
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Interest rate
Interest rate
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Appraisal needed?
Appraisal needed?
Home Improvement
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Best for members who:
Are in the early years of home ownership
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Loan proceeds can be used for:
Home improvement only
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Can closing costs be rolled in?
No
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Loan funds are distributed to:
Licensed contractor only
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Interest rate
Higher than home equity loan
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Appraisal needed?
Dependent upon situation1
Home Equity
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Best for members who:
Have built a large amount of home equity
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Loan proceeds can be used for:
Anything you choose (legal of course!)
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Can closing costs be rolled in?
Yes
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Loan funds are distributed to:
The borrower
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Interest rate
Lower than home improvement loan
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Appraisal needed?
Dependent upon situation1
See today’s rates
|
Loan Type |
Loan Term |
Interest Rate - APR* |
|---|---|---|
|
Maximum loan term is 20 years. Interest rate discounts are available on shorter term loans. There is 0.50% discount for a 10 year loan and a 0.25% discount for a 15 year loan. |
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Loan Type 1st Lien - $20,000 to $99,999 |
Loan Term 20 years |
Interest Rate - APR* 8.25% - 9.50% |
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Loan Type 1st Lien - $100,000 to $299,999 |
Loan Term 20 years |
Interest Rate - APR* 8.00% - 9.25% |
|
Loan Type 1st Lien - $300,000 and up |
Loan Term 20 years |
Interest Rate - APR* 7.75% - 9.00% |
|
Loan Type |
Loan Term |
Interest Rate - APR* |
|
Loan Type 2nd Lien - $20,000 to $99,999 |
Loan Term 20 years |
Interest Rate - APR* 9.75% - 11.00% |
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Loan Type 2nd Lien - $100,000 to $299,999 |
Loan Term 20 years |
Interest Rate - APR* 9.50% - 10.75% |
|
Loan Type 1st Lien - $300,000 and up |
Loan Term 20 years |
Interest Rate - APR* 9.25% - 10.50% |
|
Loan Type |
Loan Term |
Interest Rates - APR* |
|---|---|---|
|
Maximum loan term is 20 years. Interest rate discounts are available on shorter term loans. There is 0.50% discount for a 10 year loan and a 0.25% discount for a 15 year loan. |
||
|
Loan Type First Lien - $20,000 to $99,000 |
Loan Term 20 years |
Interest Rates - APR* 7.25% - 8.50% |
|
Loan Type First Lien - $100,000 to $299,999 |
Loan Term 20 years |
Interest Rates - APR* 7.00% - 8.25% |
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Loan Type First Lien - $300,000 and up |
Loan Term 20 years |
Interest Rates - APR* 6.75% - 8.00% |
|
Loan Type |
Loan Term |
Interest Rates - APR* |
|
Loan Type 2nd Lien - $20,000 to $99,999 |
Loan Term 20 years |
Interest Rates - APR* 8.50% - 9.75% |
|
Loan Type 2nd Lien - $100,000 to $299,999 |
Loan Term 20 years |
Interest Rates - APR* 8.25% - 9.50% |
|
Loan Type 2nd Lien - $300,000 and up |
Loan Term 20 years |
Interest Rates - APR* 8.00% - 9.25% |
You'll be needing a calculator. Or two.
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Essential Tools for Every Homeowner
Contact us to learn more about Home Improvement Loans
The home loan staff works at our Antilley Road branch. To avoid delays, please call ahead to make an appointment.
Disclosures
1 An appraisal is required for a loan amount of $100,000 or greater
APR = Annual Percentage Rate
There is a $200 processing fee for home improvement loans.