It shouldn’t be difficult to manage your money and bring your financial dreams to life. At PrimeWay, we provide members with a suite of online & mobile banking tools to ensure you can always get to your money – wherever you are.
Now your phone can be the only financial management tool you’ll need – with our powerful mobile app.
PrimeWay has the checking and savings account options to help you pursue your financial goals. We make managing your money fast and easy with convenient tools you need to control your account and finances – anytime, anywhere.
You can open a savings account with a minimum of $5 – it only takes about 5 minutes to open your account online.
PrimeWay is here to help you achieve all of your goals and we want to be your financial partner. We offer flexible terms and competitive rates on our selection of loans that will work with your budget and fit your life. We also make your loan application process quick and easy.
Let us take away some the stress of car buying. We are happy to introduce PrimeWay's Life Proof Auto Loan!
Whether you are starting your journey to financial freedom, are near retirement, or are somewhere in the middle, PrimeWay Investment Resources can help you.
Our investment professionals are committed to providing you unsurpassed service and financial advice.
The success of your business relies on having access to the resources you need – whether it’s new equipment or office furniture, company vehicles or new office space.
We can help find you the loan or line of credit to help you keep your business moving and take it to the next level.
Your source for information to help you save money every day, secure your finances, grow your business, make your latest project or hobby Pinterest-worthy and learn the ways we give back while having fun in the Houston community.
Whether you're looking to compare mortgage types, calculate a new auto loan payment or get your savings plan in order, we have the calculator for you.
There are no limitations on what you can do with the funds from a Home Equity Loan. Use them to improve your home, pay for a college education, or care for family members.
If you plan to use the money from your Home Equity Loan to make home improvements, you may be able to deduct some or all of your payments on your federal tax return.
Home Equity Loans use your equity in your home as collateral, which helps to keep the interest rates low.
Low interest rates translate to affordable monthly payments, making Home Equity Loans a good way to get the money you need.
A PrimeWay home equity loan allows you to take advantage of the value you’ve added to your home. You’ve spent countless hours turning your house into a home over the years. You can use a home equity loan for any financial need or life event, including:
Eliminate high-interest rate debt and consolidate your payments into one low monthly cost.
You've spent years investing in your home – now invest that equity into your child's future.
*Rates as low as 3.74% APR for home equity loans with terms of up to 60 months. Appraisal costs are the responsibility of the borrower(s). PrimeWay home equity loans are available only in Texas. Maximum 80% CLTV. Certain credit criteria and restrictions apply.
Start the online application by clicking the button below.
We'll be in touch to let you know if you're application is pre-approved.
We'll be there the entire process – walking you through the steps to using your Home Equity Loan!
Lenders use the Combined Loan to Value Ratio (CLVR) to calculate your qualifications. The minimum in Texas is 80%, meaning that you will need equity of at least 20% to qualify.
No, you can use your Home Equity Loan for anything, including paying down debt, making improvements to your home, paying for college, or any other financial need.
They may. Your equity is based on the amount you owe as it compares to the current appraised value of your home. If the value of your home is higher than it was when you bought it, you will have a higher amount of equity.
Mortgage prequalification is an assessment of whether your debt-to-income ratio fits mortgage guidelines and provides an estimate of the amount you may be able to borrow. A prequalification letter can also be given to your real estate agent to show you are a serious home buyer. Prequalification is optional, but it's a helpful step in the process of buying a house..
Mortgage prequalification is free and doesn't require a commitment from you or the bank or credit union.
Mortgage prequalification checklist
It is convenient to get prequalified and can help you in the mortgage process. Here's what you'll need to provide for a mortgage prequalification:
You can apply for pre-approval at any time, regardless of whether you've completed the prequalification process. You'll complete a full mortgage loan application, which will include the following information.
This is a partial list as varying information and documentation can be requested during the closing process. Your mortgage specialist can tell you about any additional requirements.
Residential History
Personal Assets
Employment & Income History
Personal debt
A list of any new monthly debts not listed on your credit report (auto loans, student loans, mortgage loans, credit cards, etc.), including creditor name, address, account number, minimum monthly payment amount and outstanding balance on each account.
Additional documents may be required at your mortgage closing. Your real estate agent and mortgage loan officer will let you know which documents will be needed when you close on your new home and they'll work closely with you at each step of the mortgage loan process.
Your credit score, or FICO score, is a number that reflects your financial responsibility and helps lenders decide if you're a credit risk or not. Your score is based on - but not part of - your credit report. It's generated at the time of the request, then included with the report.
The five factors that determine your Credit Score are:
Learn more about what determines your credit score and how your score is interpreted.
"I never feel like a customer, more like family. Over my years of membership, the bankers have taken the time to educate me about my money – they have made the process easy."
"My parents have been members for years. My family trusts PrimeWay."
"I've been a member since 1968. My relationship with PrimeWay has been rock solid."
"Originally I joined PrimeWay because of a great rate on a personal loan. I've remained a member ever since."
"We live in this community and the new branch location is perfect and the promotional CD rate is even better."
"PrimeWay helped with my daughter's college tuition. The process was easy."
APR = Annual Percentage Rate. Rates as low as 3.74% APR for home equity loans with terms of up to 60 months. Appraisal costs are the responsibility of the borrower(s). PrimeWay home equity loans are available only in Texas. Maximum 80% CLTV. Certain credit criteria and restrictions apply.
Rates and terms are based on a combination of your earned credit score, the term you select, collateral, down payments, loan-to-value (LTV) position and other normal lending criteria. Acceptable property hazard insurance is required, as well as Flood Insurance if the property is in a designated flood zone.
You should consult your tax advisor regarding your possible tax implications. Rates are subject to change without notice.
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