Home Equity Loans

As a homeowner with a primary residence in Texas, you can unlock the benefits of your home’s equity.  Some uses for the equity can include: home improvements or repairs, consolidating debt, buying a car, financing an education, or just about any other borrowing need.  Get the peace of mind that a fixed payment amount and a decreasing balance offers, plus:

Apply today by completing our online home equity loan application.  Or download the full application to see if you are pre-approved.  Below is information that we may request after your application has been approved:

• Competitive Rates – Contact us today for our most current rates
• Verification Of Mortgage Balance(s)
• County Tax Appraisal
• Filed Deed Of Trust or Warranty Deed
• Homeowner’s Insurance Policy
• Proof Of Income

To submit your completed application, feel free to drop it off at any one of our branches, by fax at 210.673.5102 or by mail to Air Force FCU Real Estate Dept., 1560 Cable Ranch Road, Suite 200, San Antonio, TX 78245.

** Membership eligibility required. Loans subject to credit approval. Rates and terms subject to change without notice. Home equity loans available on your primary residence property in Texas only. As a safeguard, a 12-day cooling-off period is required by Texas law before Home Equity Loans may be closed. There is also a 3-day Right of Rescission after closing before the funds may be dispersed. Total loans outstanding on a residence limited to 80 percent of fair market value. Minimum amount you may borrow is $25,000. The maximum term is 240 months (20 years).

Please Note: All mortgage loans are required to have an escrow account for the payment of taxes, assessments and insurance at closing and have escrow as part of your monthly payments.