Our home loan specialists save you time and money
At United Heritage, we take the headache out of getting a home loan. With low rates and personalized service, we're here to make financing your home as simple as possible.
Apply today to start exploring your mortgage loan opportunities.
How We Help
The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.
Home Loan Calculators
Use the calculators to help you estimate your monthly payments or determine how much home you can afford.
The home loan process is convenient and easy.
Whether you're ready to purchase your first home or upgrade to a larger house, we are ready to help get the money you need at a monthly payment that works for your budget. We are old pros at home loans - you can count on us to make the loan application process quick and painless.
Frequently Asked Questions
After the loan closing, how long will it be before funds are disbursed?
The timing of disbursed funds depends on the type of the loan. Purchase loans and non owner occupied refinances often fund the same day as closing, while primary residence refinances and home equity loans have a 3 day waiting period prior to disbursement.
How do I see what United Heritage’s rates are?
How long does the pre-qualification process take?
A pre-qualification can be completed in as little as an hour depending on the complexity of your situation.
I received a letter about insurance on my home. What do I need to do?
United Heritage requires collateralized loans maintain appropriate insurance coverage. Please contact us to review your loan. In most cases, you will need to provide the updated insurance on your property.
What are the advantages of a Home Equity Line of Credit (HELOC)?
Home equity line of credit, or HELOC, programs allow borrowers to access funds on established lines of credit as needed, facilitating the ability to better manage funds and minimize interest costs. The HELOC option also allows for flexible repayment options, which means more affordable payments for the home equity borrower. Home Equity Line of Credit, or HELOC, program draw period (or initial period) requires interest only payments on the amount advanced on the line reducing the minimum monthly payment and interest paid compared to interest on the full available line. Increased access to funds and repayment options, combined with the lower interest rates and potential tax savings associated with all home equity options, make the HELOC program an attractive option to borrowing for many Texas homeowners.
What should I do if my home has sustained damage?
If United Heritage is the mortgage servicer on your property, we are the named mortgagee on your insurance proceeds check. The interest that we hold in the property allows us to oversee the repairs and disburse the insurance funds accordingly. In most instances the funds will be disbursed to you in 1/3 increments to cover the cost of the repairs as they are completed.
For larger damage claims, a property inspection may be required to ensure proper and complete reconstruction of the property. The inspections are obtained for our purposes only. When you contact United Heritage, we will need to review the insurance company's damage assessment/claim documentation and a detailed estimate from the contractor to review the scope of the work. We will also need a copy of the check from the insurance company.
If your insurance check exceeds your current outstanding balance, you have the option to pay off the loan. Please submit your written request to pay off your loan along with the fully endorsed check to us. If you have any questions or concerns, give us a call at 512.435.4545, 903.597.7484 or 800.531.2328.
What special interest rates are available on a Home Equity loan?
Expect a competitive interest rate at United Heritage. Loans are computed using simple interest (members only pay interest on the daily unpaid balance). There is never a pre-payment penalty or an application fee.
What type of property qualifies as collateral on a Home Equity Loan?
Homestead properties, including single-family residences; townhouses; condos; and some owner-occupied, two-unit residences, qualify. Mobile or manufactured homes, unimproved properties or timeshares do not qualify as collateral.
When can I close on a loan?
Texas law mandates Home Equity/HELOC loans cannot close earlier than 12 days after the notice of extension of credit is provided. Loans that are not Home Equity/HELOC cannot close within 7 business days of receipt of the loan estimate. A closed end loan (Non HELOCs) can close 3 business days after the receipt of the Closing Disclosure.
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Home Loan Advice & Insights
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When you’re looking to finance a home there are several things you need to consider, including the loan estimate, which is key in understanding the actual terms of the loan. The loan estimate can be a good tool when comparing lenders if you haven't already finalized your financing with your bank or credit union.Read More
Purchasing a new home can be as exciting as it is intimidating. In addition to the numerous loan options and payment structures, there are mortgage-related words and terms that might be new to some. But don’t fret. We’ve provided a guide to some of the most frequently used terms to help you along the way.Read More
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Buying a home is most likely the biggest financial transaction you may make in a lifetime and communication is key to limiting stress during the home loan process. While hiccups can happen in the home buying process, it’s important to have clear, open communication with your loan specialist to minimize the possibility of disruptions and to ensure that your expectations are met. Being prepared for potential items that may come up makes them much easier to handle and our well-trained staff is here to help you throughout the process.
When you start drilling down into the world of real estate mortgage loans, as you’ve no doubt already noticed, you’ll discover a new world of terms and acronyms that seem designed to confuse you! We’ll break down the differences and similarities between lenders and mortgage loan servicers, and provide some tips from experienced buyers to help you navigate the mortgage landscape.
You’ve made the big decision to buy a home and gone through the application process only to find out that you don’t qualify for the amount you wanted. Now what? You’ve got some options to consider, but you should always talk to your loan specialist to find out why you didn’t qualify for the amount you wanted. Once you know why, you can figure out the best way to approach the problem.Read More
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*APR = Annual Percentage Rate. Membership/Regular Savings account required. Limited time offer. United Heritage policies, terms, conditions and restrictions apply. Existing United Heritage loans not eligible. Rates and fees subject to change without notice. APR is subject to underwriting approval and may increase depending on borrower qualification, applicable finance charges or repayment term. Cash out is a 50(a)(6) first lien only. Closing costs apply. A fee of up to $23.65 may be assessed on credit reviewed applications regardless of loan funding. Equal Housing Opportunity. NMLS #630601