Home Equity Loans

Home equity loans offer a wide variety of amortization periods, which is the length of time allowed to pay back a loan. The interest rate is fixed, so your rate can never go up. The interest paid may be tax deductible.* Contact our Home Loan Center for complete details.

  • Loans from $20,000 - $200,000
  • Maximum Loan-to-Value = 80%
  • 700 minimum FICO for existing Colonial customers and 720 minimum FICO for applicants who are not currently Colonial customers
  • No closing costs to $100,000 unless appraisal is required
  • Title policy and Title closing fees are needed for loans above $150,000
  • 43% max Debt-to-Income ratio
  • Available for cash out or limited cash out
  • Available for all Texas homeowners
  • Applicants from other states** must be a current Colonial customer

*Consult your tax advisor

** Not available in AZ, FL, MA, NV, OK and NY​