Home Equity Products

Home Equity Line of Credit (HELOC)² 

Set up a revolving home equity revolving line of credit and use as needed. 

• Variable APR based on WSJ Prime during 10-year draw period with interest only payments
• 10 or 15-year repayment period with fixed principal and interest monthly payments
• Borrow up to 80.0%  CLTV (combined loan-to-value)
• Minimum advance $4,000 for TX residents
• Property must be owner occupied primary residence

Home Equity Loan

Get the cash you need to consolidate debt, home improvements, medical bills, tuition.  Fixed rate and fixed principal and interest payments.

• Terms up to 15 years (180 months)
• Borrow up to 80.0% CLTV (combined loan-to-value)
• Property must be owner occupied primary residence

Home Improvement Loan

Make your house a dream home. If you have home improvement projects planned, look no further than SharePlus for funding. With a home improvement loan from SharePlus Federal Bank you can get the cash you need to make the improvements you've always wanted.

• Terms up to 15 years (180 months)
• Borrow up to 85.0% CLTV (combined loan-to-value)
• Available only in Texas
• Property must be owner occupied primary residence

Apply for a Home Equity, HELOC, or Home Improvement Loan
Click here to apply for a loan online, or call the Loan Department at 1-800-35BUCKS (352-8257).

Loan Rates
Click here for current Loan and Line of Credit rates.

Loan Calculator
Click here to use a handy loan calculator.

APR = Annual Percentage Rate. Rates are based on an evaluation of applicant credit.

²Annual Percentage Rate. Home Equity Line of Credit - Variable interest rate based on the Wall Street Journal Prime Rate (Index plus a margin ranging from 0% to 2% as determined by credit). As of 12/17/2008 Prime Rate is 3.25% APR. Rate subject to change without notice. Floor rate 4.75%. Maximum combined loan to value cannot exceed 80%. Maximum credit line cannot exceed 50% of value of property. Maximum APR not to exceed 18%. Each advance taken must be at least $4,000 (Texas only).  Discounts do not apply.

Home Improvement Loan - TX only; Maximum combined loan to value cannot exceed 85%.

Fees that may apply are appraisal, flood determination, recording fees, and title insurance.  Closing costs vary by state.  Property and flood insurance may be required. Subject to credit approval. Consult your tax advisor regarding tax-deductibility.