Home equity may be the best way to achieve your goals
Renovate your home, add a swimming pool, pay for college, fund a getaway, or maybe just set aside funds to draw from. With lower rates than most personal loans, tapping into your Home Equity may be the smartest way to fund your goals this year.
We offer 3 ways to borrow from your home's equity: Home Equity Line of Credit, Cash-Out Refinance, and Texas Home Improvement Loan. Keep reading to learn how each loan works.
A Home Equity Line of Credit allows you to draw funds as needed for any purpose. Funds are replenished as you pay down your balance. A good option if you have more than 20% equity in your home and want quick access to your money.
A Cash-out Refinance (Home Equity Loan) creates a new mortgage and lets you borrow more than you owe, keeping the difference as cash (paid in one lump sum). Use your funds for anything and enjoy the low rates that come with a Home Equity Loan!
Texas Home Improvement
From mid-size repairs to total renovation, a Home Improvement Loan can take your Texas property to a new level! Must hire a licensed contractor and be at least 30 days from the start of your project when applying for this loan.
Ask an Expert
If you need funds, but don't know which loan to choose, we are here to walk you through all of your options to choose what's best for you!
If you would like to speak to a Home Equity or Mortgage Specialist immediately, click here.
Don't know where to start? Click below to complete a short form and get the ball rolling. Someone will be in touch shortly.
What should I know before starting my application?
• Approximately how much you want to borrow.
• The tax assessed value of your property.
• Your current mortgage balance (if you have a mortgage)
• How long you would like to finance your loan (not applicable to HELOCs)
We have a variety of loan options for you to choose from. From FHA Loans to Fixed and Adjustable Rate, we will find the best option for you. Smart Financial offers the best mortgage tools to provide easy, convenient, online shopping for the best loan programs and most up-to-date rates available.Learn More
Personal Lot Loans
A lot loan is a mortgage secured by land with the intention of building a residence. Once a house is built and suitable for occupancy, a permanent mortgage loan replaces the lot and construction financing. We offer up to 75% financing on approved credit with an adjustable rate loan that is fixed for the first 3 years and amortizes over 15 years to keep your payments affordable.Learn More
Questions? Speak to a Lending Specialist
Loan Specialists are available by phone 9 am - 5 pm (M, T, Th, F) and 9 am - 2 pm (Wednesdays).