- Capital One Home >
- Home Equity Loans
The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) requires all mortgage loan originators to be registered in the Nationwide Mortgage Licensing System and Registry (NMLS). Mortgage loan originators and their NMLS IDs can be looked up at http://www.nmlsconsumeraccess.org/.
Each agency-regulated financial institution is assigned its own entity ID in the registry. Capital One, N.A., NMLS ID is 453156.
Average savings of $100/month are based on a $24,000 loan and 8-year term, comparing total interest paid at the average APR for US revolving debt against the average funded Capital One Bank® Home Equity Loan APR as of September 2013. Your actual savings may vary depending on the APR and term of your Capital One Bank Home Equity Loan and the actual terms of your revolving debt.
Texas residents: Total encumbrances on a Texas Homestead cannot exceed 80% loan-to-value, and total line of credit commitment cannot exceed 50% of the fair market value of the home. Texas home equity lines of credit have a draw period of 10 years. The minimum advance amount during the draw period is $4,000. You have the option of paying more toward principal whenever you choose with no prepayment penalties. There are no prepayment penalties or termination fees in TX.