Home Equity Loans

Home Equity Loans from RBFCU make it easy for you to use the equity in your home for a variety of financial needs. Whether you want to consolidate debt, start a business, take a vacation, or pay for your child's college education, you can access your home equity and find a loan that works for you.

Benefits of our Home Equity Loans include:

  • Financing available up to 80 percent of fair market value
  • Usually no closing costs *
  • Term options include 4, 7, 10, 15, 20, and 30 years* (View our current rates and payment examples)
  • Peace of mind with fixed-rate monthly payments that will not fluctuate
  • No prepayment penalties
  • The ability to arrange for automatic payments

Apply Online for a Home Equity Loan

Home Equity Loans subject to credit approval. Rates and terms subject to change without notice. RBFCU mortgage loans are available only on property in Texas. As a safeguard, a 12-day cooling-off period is required by Texas law before Home Equity Loans may be closed. There is also a three-day Right of Rescission after closing before the funds may be disbursed. Total debts against the homestead are limited to 80 percent of its fair market value. Minimum loan amount is $5,000.

* Borrower will be responsible for certain closing costs. If required, these closing costs may include title insurance, appraisal fee and survey costs. Hazard insurance is required.

* 30 year term is available on 1st lien equity loans only.

NMLS# 583215