After the introductory rate period, the rate will be variable based on prime + your qualified margin, currently as low as 8.00% APR
Home Equity Loans
Hello Happy Place!
You belong in a place where you can thrive. Whether you’re in the market for an equity line or loan, Chartway can help you find the financing option that works for you. We'll open new doors with low rates and flexible terms so you can enjoy life as it comes.
Wondering if you’re qualified? That’s simple: You’ve earned equity in your home and you’re ready for a brighter future. More importantly, your loan amount is unique to you. We simply subtract your mortgage balance from your property value so you have a clear picture of how much you can borrow.
Home Equity Loan
With Chartway’s home equity loan, you’re capable of everything from renovating your kitchen to consolidating debt. Terms available up to 20 years and they are ideal for large expenses where a fixed rate and term are ideal. Rates are typically lower than personal loan, which makes them a great option for consolidating high interest rate credit cards or installment loans.
Home Equity Line of Credit (HELOC)
A home equity line of credit makes repairs and replacements easy, allowing you to borrow what you need, with available credit replenishing as you pay down the balance.
We offer flexible payment options, including monthly installments, lump sums, or a fixed rate through our Fixed Rate Option to help you stay on budget. Our HELOC includes Interest-Only payments for 15 years, with the option to pay extra toward principal.
In Texas, we offer a 20-year term with a 10-year draw and 10-year repayment period. Monthly payments are 1.25% of your balance plus interest.
We’re more than where you bank. We’re where you belong.
Looking to buy a home? We've got you covered.
Contact us when you have questions or need assistance.
Looking to tap into your equity? We've got you covered.