Build up your home with the equity you’ve already built.
A home renovation can be great for your house’s value—but not for your budget. With a Home Improvement Loan from FirstCapital Bank of Texas, that home renovation can benefit both.
Does your house need new siding and windows? A fresh coat of paint? A replacement air conditioner? Your FCB banker can tailor a loan that will make those home repairs affordable.
Secured by the equity you’ve built in your home, an FCB Home Improvement Loan enables you to:
- Borrow up to 85% of your home’s appraised value in total loans, if you qualify. Want to use your loan for other purposes, such as debt consolidation? Consider our Home Equity Loan.
- Save with competitive fixed rates.* You’ll have peace of mind knowing your interest—and monthly payment—will remain the same throughout the term of the loan. Better yet, the interest you pay may be tax deductible (consult your tax advisor).
- Select the loan term you’re comfortable with. We offer loan terms of five, 10 and 15 years. And there’s no prepayment penalty so you can pay off your loan earlier, if you like.
- Get personal attention—and fast answers—from a professional who cares. We’ll review your completed application and provide a conditional decision within one to two business days. Then we’ll work directly with you throughout the process so it all runs smoothly from document preparation to closing.**
*Estimated Example: A loan of $20,000 for 15 years at a simple interest rate of 6.24% would yield a payment amount of $171.42 per month and an annual percentage rate (APR) of 6.35%. This example payment amount does not include taxes and insurance, so the payment amount will be higher. Please consult your tax advisor about the loan interest that may be deductible. Rates are subject to change. Contact a personal banker for current rates.
**A 6-day cooling off period is required by Texas law before home improvement loans may be closed. There is also a three-day right of rescission after closing before the funds may be disbursed.
For a map of our lending trade territory, please click here.