Texas’s reluctance to embrace home equity loans is well-known; it was not until 1997 that Texas voted, through a ballot initiative, to amend the Texas Constitution to allow such loans. But, when.
Some seniors even get mortgages to buy homes for their children who couldn’t qualify for a loan. No matter the reason, senior citizens are more than able to qualify for a mortgage. According to the Federal Trade Commission (FTC), elderly people are protected against discrimination from getting a loan or any kind of credit based on their age.
saving you thousands over the life of your loan. We build our homes in Arizona, California, Delaware, Florida, Georgia, Indiana, Maryland, Nevada, North Carolina, South Carolina, Tennessee, Texas.
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The Federal Housing Administration has provided government insurance for home mortgage loans since the Great Depression in the 1930s. While FHA-insured loans are not exclusively for first-time.
Personal Lines of Credit. With Bank of Texas’s personal lines of credit, it’s like you can write yourself a loan when you need cash fast. After applying and upon approval, you’ll have quick access to advances on your personal line of credit, any time you need it.