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Residential Mortgage Loans
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Whether you plan to buy or build a home, we would like to help. We offer interim lot loans and interim construction loans as well as 15-year and 30-year mortgage loans at fixed or variable rates. Our mortgage loan programs are conventional loans that will be processed right here in San Antonio, providing quick and straightforward approvals.
For more information on Mortgage Loans
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Home Equity Lines of Credit and Loans
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Home Equity Loans
A Broadway Home Equity Loan can be used for a major one-time expense, such as: a large remodeling project, a major consumer purchase, or to start a business. You can borrow up to 80% of your homes value, minus any outstanding liens (see chart). At closing you will receive one lump sum with a fixed monthly payment.*
Home Equity Lines of Credit
A Broadway Home Equity Line of Credit is a low-cost revolving credit line. You use your home as collateral for the loan. You do not have to draw the money until you need it. You can draw all or part of it at anytime and interest is paid only on the balance. Plus, once you qualify for a Broadway Home Equity Line; you do not have to apply again unless you wish to increase your line amount. And as you repay your line of credit, it is available for you to use again.
Home Equity Line of Credit Features:**
• No annual fee or a fee with an advance
• Competitive Interest Rates
• Affordable Payments
• Flexible Terms
• Tax Deductible
For more information on Home Equity Lines of Credit and Loans
How to Apply:
Stop by any Broadway Bank location or call our Telephone Banking Center at (210) 283-6611 or (800) 531-7650 or click here to apply online.
*All loans and lines subject to credit approval. All home equity products must be secured by owner-occupied real property. **Maximum loan to appraised value cannot exceed 80%. Maximum credit line cannot exceed 50% of appraised value of property. Broadway National Bank must receive a valid first or second real estate lien under Article XVI, section 50(a)(6) of the Texas Constitution on a primary residence occupied by the owner/borrower. Property insurance required including flood insurance where applicable. Minimum advance or draw is $4,000. Certain other conditions apply. †Consult your tax advisor regarding deductibility of interest.
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Home Improvement Loans
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Don’t move...improve. We’d like to help you add a room, a pool, fix the roof, or buy a new furnace. Whatever your home improvement plans, Broadway Bank can help.
How to Apply:
Stop by any Broadway Bank location or call our Telephone Banking Center at (210) 283-6611 or 1-800-531-7650 or click here to apply online.
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Interim Construction Loans
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Fast, Personal Service. No Hassle!
An interim loan can meet your borrowing needs immediately by supplying funds to your builder for payment of materials and labor for the construction of a new home. Remember, you must have your permanent mortgage loan in place before you can close on your interim construction loan.
For more information on Interim Construction Loans
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DISCLAIMER: The accuracy of the above computations is not guaranteed and should not be interpreted as an offer.
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Broadway Bank
Customer Service
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