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Broadway Bank Contact Form
The lending professionals at Broadway Bank in Hondo are proud of our history of making home loans to Texans since 1941. And a great example of our ability to meet the lending needs of our customers is our competitively priced Home Equity Loan. You can tap into your home’s equity – up to 80% minus any outstanding liens – and get one lump sum when you close the loan. Plus, we offer competitive, low rates and flexible terms so we can work with just about any budget.
Home Equity Loans from Broadway Bank help you:
And the interest may be tax deductible – consult your tax advisor for details.
Did you know we also offer Home Equity Lines of Credit? Click here for more information.
Apply online Today
If you have any questions or would like more information, visit the convenient Hondo
Financial Center, or contact a Customer Service Representative at 800.531.7650.
APR as low as *1
Rates reflects a .25% discount for auto debit from a Broadway Bank account. Military rate discount of .25% available2
Assumptions and Examples | NMLS Listing
Apply Online Now!
Or call a representative:
210.283.6500 | 800.531.7650
ASSUMPTIONS & EXAMPLES
*APR is the Annual Percentage Rate.
1 The bank offers home equity loans with terms of 60 to 180 months. The maximum loan including other liens cannot exceed 80% of the home’s fair market value. Broadway Bank must have a valid first or second real estate lien under Article XVI, section 50 (a)(6) of the Texas Constitution. The property must be your primary residence and occupied by you. Property insurance will be required including flood insurance where applicable. Offer does not include manufactured homes. Rates quoted assume excellent borrower credit history and include a .25% discount for auto debit of the monthly payment from a Broadway deposit account. We will set your APR based on your individual circumstances, including your credit history, loan amount, and our internal credit criteria.
A representative example of payment terms are as follows: A loan amount of $50,000 with an APR of 5.24% and a term of 120 mos would have a monthly payment of $536.21. A loan amount of $23,000 with an APR of 5.99% and a term of 180 mos would have a monthly payment of $193.96. Payment estimates do not include amounts for taxes or insurance. The actual payment will be greater. All loans and lines of credit are subject to credit approval, verification, and collateral evaluation. Rates and terms are subject to change without notice. Other terms available. Minimum loan amount is $15,000. Lending area and other restrictions apply.
2 Military rate discounts are for military customers and are available on fixed rate consumer loan accounts. Not available on consumer lines of credit, HELOC, mortgage or construction loans or any business loans. A military customer is any Retired or Active Duty service member, Reserve/National Guard Member, Veteran, ROTC or Academy Cadet, or dependent (immediate family member), and Department of Defense Civilian and Contract Personnel.