We make it easy to tap your home's equity for improvement projects or other large expenses.

Spectrum's home equity loan allows you to borrow a lump sum against the value of your home. It features fixed monthly payments at a competitive rate with super low closing costs.1

 

Take out a Home Equity Loan and:

  • Lock in your interest rate for the life of the loan
  • Spread the cost of your home improvement over time
  • Use leftover funds for debt consolidation, school expenses, and more
     

Apply Now!

 

Today's Rates

Rate Effective Date : Nov 24, 2020
Loan-To-Value Rate % Points APR %1 Est. Payment per $1000
15 Year Fixed Rate 4.125% 0 4.238% $7.46

 


 

 

Learn More on Our Blog

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Home Equity Loan vs HELOC

Before you decide which type of second mortgage is best for you, first determine if you really need one.

 

 


Rate of 5.500% (Annual Percentage Rate (APR) of 5.618% effective as of 12/18/18 and subject to change without notice. 5.618% APR calculated based on a loan amount of $50,000. Actual rate will be based on the loan-to-value (LTV) ration and the borrower's credit score at the time of origination. For Home Equity Loans, rate is fixed for the term of the loan. Home Equity Loans in TX available up to 80% LTV maximum.

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