Home Equity Loans and Lines
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Use the equity in your home however you choose—debt consolidation, car loans, education expenses, home improvements—anything. The interest you pay is usually tax-deductible.† |
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Here’s an easy chart to help you
determine the amount you could qualify for.
All loans subject to credit approval. Rates, terms and conditions subject to change without notice. Some lending area restrictions apply.
† Consult your tax advisor regarding deductibility of interest.
Maximum combined loan to fair market value cannot exceed 80%.
Maximum credit line cannot exceed 50% of appraised value of property. Broadway Bank must receive a valid first or second real estate lien under Article XVI, section 50(a)(6) of the Texas Constitution on a primary residence occupied by the owner/borrower. Property insurance required including flood insurance where applicable. Certain other conditions apply.
