You’ve spent countless hours turning your house into a home over the years. Maybe your family has grown in size during that time. There are new costs on the horizon, such as college and weddings. Or maybe you just want to spruce up your kitchen or bathroom.
Every mortgage payment and home improvement you make can build up your property’s equity. You can use a home equity loan to accomplish many objectives, plus the interest paid on that loan may be tax-deductible.
- Consolidate all of your bills
- Pay off high-interest credit card debt
- Purchase a new automobile
- Pay for a child’s college education
PrimeWay also offers other loans for every need in your life:
*APR = Annual Percentage Rate. Rates as low as 3.84% APR for home equity loans with terms of up to 60 months and loan-to-value ratios of up to 51%, with no closing costs, unless an outside appraisal is required. Appraisal costs are the responsibility of the borrower(s). PrimeWay home equity loans are available only in Texas. Rates and terms are subject to credit, underwriting, loan-to-value limits and property approval. Other rates and terms are available. Programs, rates, terms and conditions are subject to change without notice. Please speak with a credit union representative for details. You should consult your tax adviser regarding your possible tax implications.