Home Equity Loan / HELOC for Home Renovations

About This Program

Texas homeowners can use a Home Equity Loan or HELOC to finance renovations, repairs, or improvements. Texas has unique home equity lending rules (limited to 80% combined LTV and other restrictions under Texas Section 50(a)(6)). Interest on home equity loans used for home improvements may be tax-deductible.

Loan product — monthly payments required; Texas has unique 80% LTV cap rule

Key Details

• Borrow against home equity for renovations — Texas 80% LTV cap applies
• Texas has specific home equity rules under Section 50(a)(6)
• Interest may be tax-deductible when used for improvements
• Requires sufficient equity and qualifying credit
• Consult multiple local lenders for competitive rates

How to Apply

Deadline: Rolling — through private lenders