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Home Equity Loans
Do you need to tap into your home’s equity to pay for a home remodeling project, pay off a credit card debt or to take a long needed vacation?
A Bryant Financial home equity loan is a fixed or adjustable rate loan that is secured by the equity in your home. With a home equity loan, you borrow a lump sum of money to be paid back through time and built into mortgage payment.
The process and structure for a home equity loan is similar to your current mortgage. The closing costs are typically caped and lower than a refinance (often 2-3 percent of the loan amount) and, although the interest rate is higher on a home equity loan, the interest paid is tax deductible.
To qualify for second mortgage, your credit must be in good standing and you must be able to document your income. An appraisal will be required on your home to determine the home's market value.
For more information in securing a Home Equity loan please contact a Bryant Financial loan specialist direct at 281-860-7649 x.103 or contact us Online Today.
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Today's Rates:
| 30-yr Fixed | 3.87% | 4% | | 15-yr Fixed | 3.14% | 3.31% | | 1-yr Adj | 2.76% | 3.42% |
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• Bryant Financial • †Backed by the Strength and Security of Bryant United Holdings, Inc.† National Mortgage License #342595
8325 Broadway, Ste. 202 Pearland, TX 77494 Main 281.860.7649 • Fax 281.860.7651 • info@bryantlending.com
BRYANT FINANCIAL is Licensed under the laws of the STATE OF TEXAS and by State law is subjected to regulatory oversight by the TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING. Any consumer wishing to file a complaint against BRYANT FINANCIAL should complete, sign, and send a complaint form to the TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. Complaint forms and instructions may be downloaded and printed from the department's web site located at WWW.SML.STATE.TX.US or obtained from the department upon request by mail at the address above, by telephone at its toll-free consumer hotline at 1-877-276-5550, by fax at (512)475-1360, or by email at SMLINFO@SML.STATE.TX.US . The department maintains the MORTGAGE BROER RECOVERY FUND to make payments of certain types of judgements against a MORTGAGE BROKER or LOAN OFFICER. Not all claims are compensable and a court must order the payment of a claim from the RECOVERY FUND before the department may pay a claim. For more information about the RECOVERY FUND, please consult subchapter F of the MORTGAGE BROKER LICENSE ACT on the departments web site referenced above.
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