Do It Yourself Loans

Do It Yourself Loans

You can expect do it yourself loan choices because no two property owners have actually the exact same requirements. With no matter which option is suitable for you, you'll enjoy advantages like:

  • 0.25per cent price discount with automated re re payments from a Frost checking or checking account
  • No pre-payment charges
  • No application charges or annual fees*

You can expect two forms of do it yourself loans - one which calls for one to make use of your house as security and something that does not.

Topic home should be situated in Texas.

Home Improvement Loan (Collateral Required)

This sort of loan has lower interest levels since it utilizes your house as security. Additionally enables you to borrow for bigger jobs that cost more.

$2,000 or greater (2nd Lien) / 15 years / 90% LTV 5.49percent
$2,000 or greater (second Lien) / 20 years / 90% LTV 5.74per cent
$2,000 – $20,000 (second Lien) / 15 years / 90.01% to 100per cent LTV 5.99percent

Payment Example: that loan of $50,000 for fifteen years at a easy rate of interest of 5.49% would produce a repayment number of $408.28 each month† and an annual portion price (APR) of 5.49per cent.Read more