A home equity loan allows you to use the equity you have built in your residence as collateral. You may need the funds for things like home repairs, medical bills or even college tuition.
The best part of this type of loan is that it allows you to use the equity in your home to borrow for less. Unlike a home improvement loan, you choose the purpose - to buy a car, pay for your child's education, or maybe refinance an existing debt. You get affordable terms and in most cases, the interest is tax deductible. It's the only way to borrow that lets you decide how to use the money and offers the potential for tax savings.*
Start the process today by downloading the Home Equity Application and the Real Estate Application and you'll be well on your way to getting the money you need for the purchase of your choice. For additional information, visit the Home Equity FAQs page or contact us directly and let a Texas Gulf Bank home equity specialist personally answer all of your questions.
*Your tax advisor should be consulted regarding your individual tax situation. Loans subject to credit approval.
Questions? See the Home Equity FAQs or contact us.
Download the Home Equity Application - PDF
Download the Real Estate Application - PDF |
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