All Texas Tech Credit Union branches will be closed on Monday, October 12th in observance of Columbus Day.

Texas Tech Credit Union
A renovated kitchen in a West Texas home

HELOAN Financing

Leverage your home's equity with HELOANs.

Transform home value into opportunity. Access your home equity with ease and confidence.

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What is a HELOAN?

A HELOAN (2nd Lien) is a home equity loan that allows homeowners to borrow against the equity in their property with flexible terms and competitive rates. It provides a lump sum of cash for major expenses, home improvements, or debt consolidation.

  • Potential for lower monthly payments
  • Access additional funds
  • Consolidate interest rates and give yourself improved cashflow

Why choose a HELOAN?

Explore HELOAN benefits.

Keep your mortgage rate

Secure a competitive rate with HELOANs (2nd Lien), allowing you to keep your current low mortgage rate while accessing additional funds for your needs.

Flexible use

Use funds to consolidate debt, pay for a large expense, or add to your savings.

Competitive rates below national average

With HELOANs (2nd Lien), enjoy competitive rates that are below the national average.

Low closing costs

HELOANs (2nd Lien) allow us to minimize third-party costs, putting more money in your pocket. Benefit from greater savings and control over your finances with competitive rates and personalized service.

Mortgage lending across West Texas.

A dedicated team in every market we serve.

panhandle

Amarillo

A dedicated team serving Amarillo and the surrounding Panhandle.

Learn More A Texas Tech Credit Union loan officer with a member
south plains

Lubbock

Where it all started. Fast approvals and local expertise for South Plains buyers.

Learn More Texas Tech Credit Union team members in the Lubbock branch
Permian basin

Midland

Dedicated mortgage support for Midland and Permian Basin homebuyers.

Learn More A Texas Tech Credit Union loan officer at her desk

Get to know your local mortgage team.

Our loan officers know this market and are ready to guide you from application to closing.

Meet the Team

The mortgage process

Your HELOAN, step by step.

We keep the process simple so you can put your home's equity to work.

step 1

Meet with an expert.

Connect with one of our local mortgage loan officers to talk through your goals, explore your options, and get the process started.

step 2

Upload your documents.

Download the Texas Tech Credit Union mortgage app to securely upload your documents and get the process started.

Download on the App Store Get it on Google Play

step 3

Review your terms.

We walk you through your loan amount, rate, and monthly payment. Your first mortgage and its rate stay as they are.

step 4

Close and get your funds.

Sign your documents and close the loan. Your funds arrive as a lump sum for home improvements, debt consolidation, or other major expenses.

Manage your mortgage from anywhere.

Stay on top of every step with the Texas Tech Credit Union mortgage app. Upload documents, check your status, and connect with your team on the go.

Download on the App Store Get it on Google Play

Ready to take the next step?

Explore the benefits of a HELOAN (2nd Lien). A dedicated loan officer is ready to walk you through your options and get you to closing day.

Apply Now