Your Trusted Partner in the Rio Grande Valley

HELOC Loans in Texas: Flexible

Financing for Homeowners

unlock the power

of Your Home’s

Equity

Are you a homeowner in Texas looking for a flexible way to finance renovations, consolidate debt, or cover major expenses? A Home Equity Line of Credit (HELOC) might be the perfect solution. Whether you live in McAllen, Edinburg, or Mission, a HELOC allows you to tap into your home’s equity and access funds as you need them, providing financial flexibility tailored to your unique goals.

what is a heloc?

A Home Equity Line of Credit (HELOC) is a revolving line of credit secured by your home’s equity. Similar to a credit card, a HELOC allows you to borrow money as needed during a “draw period,” with repayments based on the amount borrowed.

Key Features of HELOCs in Texas:

Flexible Access: Borrow as much or as little as you need, up to your credit limit.

Interest-Only Payments: Pay only the interest during the draw period, followed by fully amortized payments.

Variable Interest Rates: Rates fluctuate based on the prime rate plus the lender’s margin.

Why Choose Movement

Mortgage RGV for Your

HELOC?

At Movement Mortgage RGV, we’re proud to serve homeowners in the Rio Grande Valley, offering tailored HELOC solutions for McAllen, Mission, and Edinburg residents.

Why Work with Us?

Local Expertise

Our team understands the unique needs of Texas homeowners.

Bilingual Support

We provide guidance in both English and Spanish.

Personalized Service

We help you find the right HELOC to fit your goals.

how helocs work

Draw Period

During the first 10 years, you can borrow from your line of credit as needed. Payments during this period are typically interest-only, keeping your monthly costs low.

Repayment Period

After the draw period ends, your line of credit closes, and you’ll repay the outstanding balance through fully amortized payments over the remaining term, usually 10 years.

Variable Rates

HELOCs come with variable interest rates that adjust based on the prime rate and your lender’s margin.

Texas VA loan limits

There’s no maximum borrowing limit for VA loans in Texas, but the VA guarantees up to 25% of the loan

amount. Your lender’s approval will depend on your credit score, income, and financial history.

For homes in McAllen, Mission, and Edinburg, VA loans provide unmatched affordability by eliminating

down payments and PMI requirements.

Get Started Now

Benefits of a HELOC

Loan in Texas

Financial Flexibility

Whether you need funds for a home renovation in McAllen, consolidating debt in Mission, or covering unexpected expenses in Edinburg, a HELOC gives you the freedom to access your equity when you need it.

Lower Interest Rates

Compared to credit cards and personal loans, HELOCs typically offer lower interest rates, making them an affordable financing option.

Pay Only for What You Use

With a HELOC, you only pay interest on the amount you borrow, not the total credit limit.

Tax Benefits

If you use your HELOC funds for home improvements, the interest you pay may be tax-deductible. (Consult your tax advisor for details.)

how to get started

Check Your Eligibility

Determine how much equity you have in your home and whether you meet Texas HELOC requirements.

Apply for a HELOC

Complete our quick and easy online application process to get started.

Access Your Funds

Use your HELOC to finance renovations, consolidate debt, or achieve other financial goals.

HELOC Requirements

in Texas

Texas has specific rules for HELOCs to protect homeowners:

Maximum Loan-to-Value (LTV): You can borrow up to 80% of your home’s value, minus any existing mortgages.

Primary Residence Only: HELOCs are available only for owner-occupied homes in Texas.

Closing in Person: Texas law requires HELOC closings to be conducted in person at a lender, attorney, or title company’s office.

Minimum Draw Limits: Most lenders have minimum draw amounts, typically starting at $10,000.

Benefits of HELOC

Loans in Texas

Flexible borrowing and repayment options.

Lower interest rates than credit cards or personal loans.

Potential tax benefits for home improvement projects.

ready to access
Your home’s equity?

Take control of your financial future with a HELOC loan from Movement Mortgage RGV. Whether you’re

in McAllen, Mission, Edinburg, or elsewhere in Texas, we’re here to help you every step of the way.

Call us today at (956) 201-8189

Apply Online Now – Quick, easy, and secure.

Learn More About HELOCs – Explore your options and get answers to your questions.

Call Now

your home. your equity. your future.

A HELOC loan in Texas can provide the financial freedom you need to achieve your goals. Let

Movement Mortgage RGV guide you through the process and help you make the most of your

home’s equity.

Learn More

MORTGAGES THAT MEAN MORE

8024 Calvin Hall Road, Indian Land, SC 29707 Movement Mortgage, LLC

Equal Housing Opportunity

www.nmlsconsumeraccess.org). Additional information available at movement.com/legal. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits.