Home Equity Loan With a Home Equity Loan, you borrow against your equity - the value of
your home less your outstanding mortgage and loan balances for any need, such
as remodeling, college tuition loan or even debt consolidation.
No origination fee.
No closing costs for home equity loans up to $100,000.
Loans subject to credit approval and standard underwriting guidelines including loan to value requirements. Auto debit discount available on all products, excluding CD Secured, Revolving, and Home Equity Lines of Credit products with automatic payments from an Amegy Bank account. Personal unsecured loans are available to customers with an Amegy Bank relationship of at least 90 days. Consult your tax advisor for details regarding tax deductibility. Other terms and conditions may apply.
Texas law requires that any home equity loan and home equity line of credit may not close before 12 days after you submit a written application to the lender or before 12 days after the lender provides you with a copy of the Notice Concerning Extensions of Credit, whichever is later. If your home equity loan request is submitted through Loan By Phone, the loan may not close for 17 days. Additionally, once you have completed and signed your loan documents, there is a three day Right to Cancel Period required by federal law. During this period you may cancel the loan without penalty. If your home was security for any home equity loan within the past year, a new home equity loan secured by the same property may not close before one year from the closing date of the prior loan.
