Put the equity you've built in your home to work for you. A home equity loan from Jefferson Bank allows you to use a portion of the equity in your home for anything you choose, and in most cases, the interest may be tax-deductible1.
It's a good way to finance home improvements, consolidate debt, buy a car, or take that dream vacation — it's your choice.
A home equity loan is paid out to you in one lump sum with a fixed interest rate and payment for a specific term to meet your needs. Because the loan is secured by your home, the interest rates are generally lower than most other types of loans.
Equity in your home is like money in the bank. Find out more by talking to the lending specialists at Jefferson Bank today at (210) 736-7700.
A Home Equity Line of Credit (HELOC) is a flexible loan product that allows you to borrow against the equity you have in your home. Many homeowners use home equity credit lines for major items, such as, home improvements, consolidating higher-interest credit card debt or medical bills.
A HELOC works much like a credit card. A credit line is established and you can borrow as much as you need when you need it up to the credit limit. The interest you pay may be tax-deductible1 and HELOCs offer payment flexibility not available with a standard Home Equity Loan.
Call 210-736-7700 for more information on how Jefferson Bank can help you with a Home Equity Line of Credit.
Does your home fall into the fixer-upper category? Or are you ready for a complete makeover? Whether you want to make a splash with a new pool, repair a leaky roof, brighten things up with a new coat of paint or get cooking with a full kitchen remodel, a home improvement loan could be the perfect solution.
Home improvement loans require the same application process as a regular mortgage loan. In addition to the application, potential borrowers are required to provide:
If you own a home, or want to buy a fixer upper, you can apply for a home improvement loan.
Projects of all sizes – from painting or landscaping, to additional square footage – can be financed with a home improvement loan.
Call us today at (210) 736-7700 and we'll get your home improvement loan solution hammered out.
Determine your estimated monthly home payments.
Use our mortgage calculator.
Make a smart move.
Get pre-qualified for your home loan. Start here.
The San Antonio area has been our home for more than 75 years. Our experienced team is familiar with the unique needs of the region. We’ve helped thousands of local residents realize their goal of home ownership.
Manage the entire home loan process with the Jefferson Bank Home Loan App. It’s quick, simple, secure, and free*. Get prequalified and apply on your smart device. Download on the App Store or Google Play.
This is personal to us. Those aren’t just words, it’s the core business philosophy we live by everyday. Our team is dedicated to exceeding expectations with an unrivaled level of personalized service.
Our commitment to you doesn't end at closing. We’re always here with quick responses to your ongoing needs and questions. We’re your home base for home loans, now and in the future.
Best of all, you’ll have access to our experience and service while still enjoying competitive financing rates.
A home equity loan allows homeowners to borrow a lump sum against the equity they have in their home and repay it over a fixed term with a fixed or adjustable rate.
Home equity is calculated by subtracting your current mortgage balance from your home’s appraised value, with Texas law limiting the amount you can borrow to 80% of the value.
Home equity loans can be used for anything you want, such as home improvements, debt consolidation, weddings, education, major expenses, or financial planning needs.
A home equity loan provides a lump sum with fixed payments, while a HELOC offers a revolving line of credit with variable rates during a draw period, typically 10 years.
Due to Texas regulations and required waiting periods, home equity loans typically close within three to four weeks.
*This calculator is being provided for educational purposes only and is provided by a third party not controlled by Jefferson Bank. The results are estimates that are based on the information you provided and may not reflect Jefferson Bank product terms. Jefferson Bank is not responsible for the content, results, or the accuracy of information. Speak with a Jefferson Bank Mortgage Loan Officer for more specific information.
All home lending products are subject to credit approval. Rates, program terms and conditions are subject to change without notice. Other restrictions and limitations apply.
Download the Jefferson Bank Home Loan app* from the App Store or Google Play
*While Jefferson Bank does not charge fees for the use of Mobile Banking or Online Banking, message and data rates may apply. Check with your service provider for details.
Android™ and Google Play™ store are trademarks of Google LLC. Apple®, and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store® is a service mark of Apple Inc.
