There are many ways to access home equity with our Certified Mortgage Planning Specialists® at The Ross Wright Mortgage Group. While many national and local lenders are limited in products and programs in Texas, Certified Mortgage Planning Specialists® at The Ross Wright Mortgage Group have the loan programs to help under many circumstances. There are many regulations that require professionals like our Certified Mortgage Planning Specialists® at The Ross Wright Mortgage Group to help you fully understand your Texas home equity options.
For example, due to state law, for equity type transactions, Interest Only Payment Options are only available on "Home Equity lines of credit" and not for "cash back refinances" (standard Home Equity loans.)
Certified Mortgage Planning Specialists® at The Ross Wright Mortgage Group fully understand Texas mortgage laws and are here to help you in choosing the right loan for you and your family. Preview below for some of the ways you may access cash from your home.
Home Equity Cash back refinance loans with credit scores above 580.
Home Equity Lines of Credit with cash up to 50% of home value
Reverse mortgages for those over the age of 62.
Home equity to consolidate debts
Home equity to get cash for any reason
Home equity up to 80% on primary residence.
Home equity up to 80% on rental properties.
Home equity on fixed rates and ARMs
Cash back refinance options with no processing, underwriting, administration or credit report fees. This is an exclusive program only to be found at The Ross Wright Mortgage Group.
