Home Equity Lines of Credit

Your home is a lot more than a place to live. It's a financial foundation that can truly enhance the way you live. With First Federal, you can use the equity in your home to consolidate credit card balances, pay for college, complete a home improvement project or take that dream vacation. Here's what we offer:

PrimeLine Home Equity line of Credit ^*10

• Low, variable APR

• No closing costs

• No minimum line amount

• No minimum draw amount

• Up to a 20 year draw period

• Interest may be tax-deductible

• Convenient access by check

Premier Home equity line of Credit ^*11  

• Low, variable APR

• No closing costs

• No annual fee

• No minimum line amount

• Interest may be tax-deductible

• Convenient access by check
   

*10.This product has a variable rate feature and is equal to the Wall Street Journal Prime Rate and the APR can change as a result. APR is 8.25% as of June 22, 2007. APR will not exceed 24%. If title insurance and/or appraisal is required, closing costs may range from $0 to $1,510. $50 annual fee if there are no transactions during prior 12 month period. Property and/or flood insurance may be required. Consult your tax advisor regarding the deductibility of interest. Not all borrowers will qualify, see lender for details.

*11. This product has a variable rate feature and is equal to the Wall Street Journal Prime Rate plus .50% and the APR can change as a result. APR is 8.75% as of June 22, 2007. APR will not exceed 24%. If the title insurance and/or appraisal is required, closing costs may range from $0 to $1,510. Property and/or flood insurance may be required. Consult your tax advisor regarding the deductibility of interest. Not all borrowers will qualify, see lender for details.