Do you need to consolidate high interest debt, payoff a car, payoff student loans? Would you like to have cash for investing, down payment for a new home, money for a wedding or just cash for savings? Consider a cash-out loan on your home. There are no limitations on what the money can be used for and there are no penalties for paying off the loan early.
Texas law limits the amount of equity you can cash-out up to 80% on a primary residence as well as impose other factors so make sure to discuss the possibilities with your HomeStart loan officer.
For example, the max cash-out loan on a $100k home would be $80k dollars. Cash-out limits on non-primary residences are higher.
If you would like know more about cash-outs please contact us at any time.
Phone: 281-569-2730 Email Us or if you are ready to apply - Apply Online
