Borrow from the Value You’ve Built

Home Equity Loans

You've worked hard for your home, so let it work hard for you with a Home Equity Loan from AFFCU. Available in Texas only.


Family playing in new backyard pool
couple laughs in kitchen

About Home Equity Loans

Unlocking the equity in your home is a great way to fund home improvement projects like an all-new kitchen or a new pool for those hot Texas summers. You can also use a Home Equity loan to consolidate higher interest debt, make a large purchase, pay for your student’s college – or any other reason you have. Enjoy a low rate, lump sum disbursement, fixed-rate payments, and flexible terms available up to 180 months.


To apply for a Home Equity Loan, download and complete the application and submit it by whatever method is most convenient for you:

  • Online through our Secure Message Center

  • Mail to
    AFFCU Lending
    1560 Cable Ranch Rd, STE 200
    San Antonio, TX 78245

  • In Person at any AFFCU Financial Center location

    Home Equity Loan Features

  • Borrow from $25,000 to $300,000 or up to 80% of the appraised value of your home

  • Fixed rate payments

  • Terms up to 180 months

  • Available in Texas only

  • Interest may be tax-deductible

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    Home Equity Loan Benefits

    Low Rates

    Quick Application Turnaround

    No Appraisal Needed

    Home Equity Loan Rates

    Rates effective as of:

    Term Rate as low as APR*
    120 months 7.25% 7.428%
    180 months 7.50% 7.628%

    * APR = Annual Percentage Rate. APR reflects the interest rate, as well as mortgage fees and other charges you may have to pay to get the loan.

    Financing available for properties in Texas. All loans subject to credit approval, verification and collateral evaluation. Home Equity minimum loan amount is $25,000. We will set your APR based on your individual circumstances including your credit history, loan amount, loan terms, and our internal credit criteria. The maximum loan plus other liens cannot exceed 80% of your home’s fair market value. Offer does not include manufactured homes. AFFCU must have a valid first or second real estate lien under Article XVI, section 50 (a)(b) of the Texas Constitution. Property insurance will be required including flood insurance where applicable. All home equity loans must be secured by a 1-4 family, owner-occupied primary residence. Conditions and restrictions may apply. Larger loans and other programs available.

    Standard closing costs of $600-$650 can include a title search, credit report, flood certification, valuation and documentation fees. Lending area and other restrictions may apply.

    Membership eligibility required. Rates and terms are subject to change at any time without notice.

    Home Equity Loan payment example: A loan of $25,000 for 120 months at 7.428% APR will have an estimated monthly payment of $298. Use an AFFCU Financial Calculator to calculate loan payment amounts.

    Home Equity Loan FAQs

    You may use the funds from your AFFCU Home Equity Loan for any purpose, such as to pay off debt, pay for a college education, take a vacation, or make home improvements.

    Loans must be on single family detached residential property located in Texas. This would include a home, duplex or condominium.

    Yes. It must be your permanent residence.

    Loans must be on single family detached residential property located in Texas.

    The minimum loan amount is $25,000. The maximum loan amount is $300,000 depending on your qualifications.

    There is no application fee required for a Home Equity Loan.

    There are no penalties for paying it off early or making extra payments on your Home Equity Loan.

    AFFCU does not require PMI on Home Equity Loans.

    Help Protect Your Biggest Investment

    TruStage® Home Insurance Program provides coverage designed to be affordable for credit union members.