Houston Home Equity Loan

Home Equity loans may be used toward the purchase of a new house but the lender may not make the loan if your home is on the market. Other reasons may include paying for home improvements or remodeling, college education, or medical expenses. The interest is tax deductible on a home equity loan. Many homeowners may decide to borrow adjacent to a residence to buy consumer goods. Some advantages to a home equity loan include:

Fixed rates
May borrow 80% of equity
Amortized Payments
Longer loan terms up to 30 yrs

A home equity loan should not be mistaken for a basic refinance which means paying off an existing mortgage and replacing it with an additional finance. Refinances may take up to thirty days or more to progress. Home equity loans fund very prompt and are secondary to an already accessible initial mortgage.

At NRL, we know it is important for you to find someone you can trust your hard-earned money to. Not only that, but we also have many qualified loan advisors ready to help you find the loan which is best for you.
Contact us at (281)-391-8600 today.

Nations Reliable Lending
Phone: (281) 391-8600
Fax: (281) 391-8605
23501 Cinco Ranch Blvd. Suite B224
Katy, TX 77494
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Texas Mortgage Banker License #79059
NMLS # 181407
NMLS # 315932

FHA Lender ID 2524100006

Pursuant to the requirements of Section 157.007 of the Texas Mortgage Banker Act, Chapter 157, Texas Finance Code, You are hereby Notified of the following:

COMPLAINTS REGARDING A LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD BE SENT TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. A TOLL FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550

The Department maintains a Recovery Fund to make payments of certain actual out of pocket damages sustained by Borrowers caused by Acts of Licensed Residential Mortgage Loan Originators. A written application for reimbursement from the Recovery Fund must be filed with and investigated by the Department prior to the payment of a claim. For more information about the Recovery Fund, Please consult the Department's Web Site at: WWW.SML.STATE.TX.US.

Mortgage Bankers Association - Investing in communities