A home equity loan is backed by your property, so if you fail to make payments you could lose your home. A home equity loan shouldn’t be confused with a home equity line of credit , or HELOC. This is a line of credit, similar to a credit card.
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Eligible Texas Veterans and Military Members have an opportunity to purchase a home with a competitive, low-interest loan with little or no down payment. Veterans, Military Members and their spouses may receive up to $484,350 on a fixed-rate loan for 15, 20, 25 or 30 year terms*.
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with half of our loans going to low- to moderate-income or multicultural families and communities,” said D. Steve Boland, head of consumer lending at Bank of America. “We know many of our clients want.
Officials from the Texas veterans land board (VLB) were on hand providing information on state programs including land loans, home loans, and home improvement loans, as well as information on Texas.
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