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Get Approved for a GEFCU Home Equity Loan !
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Need cash for a new car, education costs, to consolidate high-rate debt, hospital bills or anything else? Look into GEFCU's Home Equity Loans. |
| Easy to Apply! |
Home equity loans are closed-end loans secured by the equity you have in your homestead. Equity is determined by subtracting any outstanding debt already secured by your homestead from the value of your homestead.
Benefits from home equity loans could come in the form of savings from reduced federal income tax payments and home equity loans lower interest rates in comparison to other more costly consumer credit such as - signature loans and credit cards.
According to A Special Financial Report from John Sharp, Comptroller of Public Accounts, "The average homeowners in Texas who currently itemize deductions on their federal income tax could save as much as $849 annually by substituting the average home equity loan for existing consumer credit".
Dont Delay, Ask for an Application Today!
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Last modified: 08/18/04