Not sure that a property tax loan is a good option for you? In Texas, Property Tax Loans assist commercial and residential property owners to avoid costly fees, interests, and penalties charged by local taxing authorities. The local taxing authority places a tax lien on your property; when your property taxes become delinquent.
If you’re thinking about a property tax loan to cover your yearly bill, the Ovation Lending team is here to answer your questions and talk to you about your options.
Texas Property Taxes are on the Rise:
Texas property taxes have risen exponentially in the last two decades. Research shows that annual property tax rates have increased 205% in these last two decades, and Texas has the 15th highest property taxes in the U.S.
Below Industry Standard Interest Rates:
Compared with traditional bank loans, a property tax loan provides you more value and time to repay the loan. In many cases, bank loans for property taxes must be paid in 6-12 months.
Better Repayment Terms:
Ovation Lending has repayment terms of between two and ten years with no prepayment penalties. You may also consider paying your property tax bill with a credit card. Still, the interest rates on credit cards are significantly higher than those associated with our property tax loans.
When you’re dealing with financial struggles, the last thing you need is one more thing to worry about. That’s why the Ovation Lending team makes the property tax loan process simple. When you work with us, you can expect to end the stress associated with delinquent property taxes.
If you decide to move forward with a property tax loan, we believe you’ll want to work with Ovation Lending. Our flexible payment terms and reputable business practices have made us one of the most trusted Texas Tax Loan Providers. Call us today to find out your options! 877-419-7392