You Won't Find a Better Home Equity Line Anywhere!
Our Home Equity Line of credit is guaranteed to have the lowest rate anywhere or we'll give you $1,000. Our current rate is:
Prime -1.01% on Balances of $50,000 and over
Prime -.51% on Balances under $50,000
This is not an introductory rate or teaser rate, but is
available to you for the entire life of the line. And, if you ever
find a lower rate, a year from now or even ten years from now,
we'll beat it or give you $1,000. More
Info.
NO Minimum Advance or Draw Required
Most banks require you to take an advance ranging from $5,000 to $15,000 in order to get their best rate.
80% Loan To Value This means we'll loan you up to 80% of your home's value
minus any balance you have on your first mortgage. Click
here to see how much you can borrow on your home equity.
10-Year Interest-Only Draw Period & 10-Year Repayment Period
You can borrow and make repayments against your line for up to 10 years. Then instead of the balloon payment
required by most banks, Third Federal gives you 10 years to repay your loan.
Home Equity Planning Guide - Click
here for free download
Northeast Ohio Home Equity Offerings
Friday, September 5, 2008