HOME EQUITY LOANS
Rates as Low as 5.82% APR*
Our experienced lenders may be able to help refinance your current home loan
with a new, lower rate Home Equity loan.
- Refinance to reduce monthly payments
- Terms up to 30 years
- Get cash out for debt consolidation,
home improvements, or anything else you need!
*Annual Percentage Rate. Rates and terms vary, are subject to change and are based on individual credit worthiness. Maximum Loan-to-Value is 80%. Payment Example: A Home Equity Loan of $100,000 for 10 years at 5.50% (5.56% APR) will have a monthly payment of $1,097.17. Taxes and insurance are not included in this example, your actual payment may be higher. Contact credit union for complete details. Equal Housing Lender.
Give us a call at (409) 726-2126
Compare Home Equity Loan Rates as Low as:
5 YEARS
5.75%*
5.88% APR*
Maximum LTV is 80%
7 YEARS
5.75%*
5.85% APR*
Maximum LTV is 80%
10 YEARS
5.75%*
5.82% APR*
Maximum LTV is 80%
15 YEARS
6.00%*
6.05% APR*
Maximum LTV is 80%
20 YEARS
6.25%*
6.29% APR*
Maximum LTV is 80%
30 YEARS
6.50%*
6.53% APR*
Maximum LTV is 80%
*APR = Annual Percentage Rate. APR is calculated based on a loan amount of $100,000. Loan rates quoted are based on A+ credit rating. Actual rates will vary and are based on individual creditworthiness. Home equity rates valid on first lien home equity loans only. Please call to verify listed rates and fees.
How much can I save?
Use our Mortgage calculator to determine if a Home Equity loan could help save you money.
See How A Home Equity Loan Can Benefit You.
Cash for any purpose
Choosing a Home Equity gives you the freedom to take out cash for whatever you need. Remodel your home, take a trip, pay off high-interest debt, or celebrate a wedding.
A Home Equity can help you accomplish your goals.
Lower Your Monthly Payments
Taking advantage of a Home Equity loan gives you the flexibility to lower your monthly payment in a variety of ways. Our rates are some of the lowest around, which means the interest portion of your monthly payment will be lowered - and you'll enjoy even bigger savings in the long run.
With a DuGood Home Equity, you'll also have the option to choose a term from 5 - 30 years. Longer terms mean smaller monthly payments.
Pay Off Your Mortgage Faster
If paying off your home quickly is your goal, getting a Home Equity is a great tool to accomplish this.
Choosing a shorter term will also help you pay down your loan balance faster, and you'll reap the benefits of big interest savings in the long run.
Apply for a Home equity loan.
Get the money you need to do the things you want!
SEE WHAT OTHERS HAVE TO SAY
Meet Our Mortgage Team
Blake Worthey
VP of Real Estate Lending
(409) 241-2261
Email
Susan Benoit
Mortgage Lending Manager
(409) 726-2115
Email
Sandra Flanigan
Senior Mortgage Lender
(409) 726-2104
Email
Sandy Ferrell
Senior Mortgage Lender
(409) 726-2106
Email
Holly Clark
Mortgage Servicing Supervisor
(409) 726-2113
Email
Pauline Villarreal
Mortgage Lending Supervisor
(409) 726-2119
Email
Derek J. Landry
Chief Lending Officer
(409) 241-2296
Email
GET ANSWERS TO FREQUENTLY ASKED QUESTIONS
What is a Home Equity Loan?
A Home Equity Loan is a loan that allows a home owner to borrow money (for any purpose), against the equity of their home. In Texas, all loans against the home cannot exceed 80% of the value of the home.
Can I refinance my current Mortgage as a Home Equity Loan?
Yes, the primary reason members refinance their home loans with DuGood is our low rates and low closing costs.
What is the maximum term on a Home Equity Loan?
DuGood offers Home Equity Loans with terms up to 30 years.
Can I have more than one Home Equity Loan on my home?
No. In Texas, you are allowed to have only one Home Equity Loan at a time on your home, and you can only do a Home Equity Loan every 12 months.
Which Home Equity loan option is best for me?
A shorter term loan is recommended if you want to pay less in interest. This will help save you money. But if lower monthly payments are more important, a longer term loan might be better for you.
How can I use Home Equity loan?
You can use a Home Equity loan to Refinance your current home loan for a lower rate, to shorten the term and pay off faster, to lower your monthly payments or to get cash for anything you need such as:
- Consolidating your debt
- Remodeling your house
- Paying for college, a wedding, or once in a lifetime trip
DOWNLOAD OUR FREE HOME EQUITY GUIDE
It breaks down the process step by step. Inside you'll learn what a home equity loan is, how you can use a Home Equity loan to achieve your goals, how to calculate the equity you currently have, and more!
