Get your home equity working for you.
Your home isn't just a home—it's an investment that can give in significant ways. With a Home Equity Loan from Broadway Bank, you can tackle your next home improvement project, fund a once in a lifetime vacation, consolidate debt and more.
A home equity loan is worth considering if you have a considerable, one-time expense or want to consolidate debt and focus on paying it off. By using your home as collateral for your loan, you're able to borrow money at a fixed rate that's lower than most other types of loans.
Apply for a Home Equity Loan today.

5 Year Term
APR as low as* 6.74%
10 Year Term
APR as low as* 6.99%
15 Year Term
APR as low as* 7.24%
*Click here to view assumptions and examples.
Rates reflect a .25% discount for auto-debit from any bank account. Military rate discount of .25% available.1
5 Year Term
APR as low as* 7.24%
10 Year Term
APR as low as* 7.49%
15 Year Term
APR as low as* 7.74%
*Click here to view assumptions and examples.
Rates reflect a .25% discount for auto-debit from any bank account. Military rate discount of .25% available.1
Check Your Application Status
With a simple click you can easily check the status of your application.Lower Interest Rates
The rates on a home equity loan are generally lower than personal loans or credit cards.

Variety of Uses
- Remodeling a Home
- Medical Expenses
- Education


Calculate Your Payment
Calculate loan payments, mortgages, savings and more with our mobile-friendly set of calculators.
Use this tool to:
- Discover the equity in Your Home
- Calculate a Home Equity Loan payment
- Calculate a Home Equity Line of Credit payment
- Learn about using your home equity for a major purchase
- Compare loans and lines of credit
- Learn about debt consolidation options
More Loan Options

Personal Line of Credit (PLOC)
A PLOC is a revolving, open-end line of unsecured credit that gives you access to your available credit line on an ongoing basis. Whether it's tackling some home improvements or consolidating higher-interest rate debt, a PLOC may give you instant access to your available credit when you need it.
PLOC
Personal Loan
Get the money you need to do the things you want. A personal loan is an installment loan that provides funds that borrowers can use for almost any purpose, such as debt consolidation, special events or unplanned expenses.
Personal Loan
Home Equity Line of Credit (HELOC)
If you have equity in your home, you can use this revolving line of credit to secure funds for almost anything you need. You’ll only pay interest on the amount you use—plus, a HELOC typically offers a lower rate than other financing options like personal loans or credit cards.
HELOCHome Equity Loan Frequently Asked Questions
•Home Equity Loan: A Broadway Bank Home Equity Loan provides a lump sum with a fixed interest rate and fixed monthly payments.
•HELOC: A Broadway Bank HELOC functions like a credit card, offering a revolving credit line with a variable interest rate and flexible repayment options.
Broadway Bank offers home equity loans with competitive rates and flexible terms. Key features include:
- Fixed-rate options with terms of 5, 10, or 15 years
- Typically, Home Equity rates are lower than personal loans or credit cards
- Possible rate discounts for auto-debit and military members
- Submit Application: Apply online or in-person.
- Gather Documentation: Prepare financial documents such as proof of income, tax returns and mortgage statements.
- Underwriting and Processing: Broadway Bank will review your application. Once a loan approval is obtained, a property evaluation is usually ordered, along with other items to ensure the loan request meets all the qualifying conditions.
- Loan Funding: Sign loan documents. Note that some forms might need to be notarized. Closing costs are usually collected upfront.
A representative example of payment terms are as follows: A loan amount of $50,000 with an APR of 7.49% and a term of 120 mos would have a monthly payment of $593.25. A loan amount of $25,000 with an APR of 8.24% and a term of 180 mos would have a monthly payment of $242.39. 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. Standard closing costs including a title search, credit report, flood certification, automated property evaluation, inspection, and filing fees may be waived on loans/lines up to $500,000. Closing costs on loans/lines greater than $500,000, and loans/lines requiring a full appraisal and/or title commitment (regardless of loan amount) can range from approximately $3,000 to $10,000. Minimum loan amount is $25,000. Lending area and other restrictions apply.
**APR is the Annual Percentage Rate. 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. APRs quoted assume excellent borrower credit history and reflect a .25% discount for auto-debit of the monthly payment from any bank account. We will set your APR based on your individual circumstance including your credit history, loan amount and our internal credit criteria.
1Military 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.