Home Equity Loans

Flexibility and Convenience

 

Homes in Austin have held their value much better than those in other parts of the country. That means you probably have increased equity in your home. With rates the lowest they've been in years, this is a great time to explore whether a home equity loan makes sense for you.

 

Put your home equity to work for you. You can use the proceeds of a home equity loan for anything you want, and the interest may be tax deductible**. One of our members used his home equity loan to upgrade his houBilly Nicholsse and pay off high-interest debt.

 

Here are some other ways to make life better with a home equity loan:

  • If you're in your fifties and thinking about retirement, a home equity loan can be a useful way to restructure your finances and free up money to invest toward your retirement goal.
  • If you have children about to start college, a home equity loan might be a good way to finance part of that expense.
  • If your family is growing, it may be more cost-effective to add on to your home rather than to purchase a larger home - especially with rising home values.

Interest rates on home equity loans are usually lower than other types of credit, and AMPLIFY has rates as low as 4.99% APR*. The maximum amount for which you can be approved is 80% of the equity in your home. AMPLIFY makes the process as simple as possible. There's no title insurance requirement, certified appraisals are not required, no fees are charged, and we pay the closing costs.

 

To apply online, click HERE! marquee

 

AMPLIFY offers two different types of Home Equity Loans and the Rapid Funding Home Improvement Loan. View the comparison chart or click a category below to view additional information.

 
HOME EQUITY LOAN HOME EQUITY LINE OF CREDIT RAPID FUNDING HOME IMPROVEMENT LOAN

 

Here's where you can find an application form, articles, checklists, and disclosures:

*Fixed rate current as of 04/01/2009, subject to change.  Rates may vary based on creditworthiness and term.  Loans subject to approval.  Contact AMPLIFY for details.

**Consult your tax advisor regarding deductibility of interest.

 

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