Home Equity Loans
Borrowing against the equity in your home offers a low, adjustable rate of interest (based on Prime). Best of all, the interest paid could be tax deductible. You can find the money you need for home renovations, education, vacation and more.
- Fixed rate loans available
- Closed end loans available
- Terms up to 15 years
- Loans up to $100,000
- Up to 90% LTV
Financing is available in Louisiana for owner-occupied and single family residences. The amount of the loan you qualify for depends on your annual gross income and the lendable equity in your home (up to 90% of the current value of your home less any debt secured by your home not to exceed $100,000).
Current Value of Home x 90% - Balance of Mortgage = Maximum Amount of loan (not to exceed $100,000)
To apply ...
If you have any questions regarding Home Equity Loans, please call us at 504-728-4853 or (888) U-XPLORE (897-5673).