HOME EQUITY LINES AND LOANS

What is Prime Rate?
Prime Rate is the interest rate charged by banks to their most creditworthy customers.  The Prime Rate has traditionally been priced at 3% above the Fed Fun...
Wed, 30 Oct, 2019 at 2:51 AM
What is the benefit of paying back principal from the start, instead of having an interest only line?
Because you’re paying principal right from the start, your monthly payments are more balanced and reliable.  Many equity lines have large payment increases ...
Wed, 30 Oct, 2019 at 2:51 AM
What terms are available for a Third Federal Home Equity Loan?
Third Federal offers three home equity loan (HELOAN) products: a 5-year fixed, 10-year fixed and 5/1 adjustable rate HELOAN. The term of the 10-year fixed c...
Wed, 30 Oct, 2019 at 2:53 AM
What is the fee that I have been charged with my Equity Line of Credit (HELOC)?
There is an annual fee assessed when the Home Equity Line of Credit (HELOC) is in the Draw Period as explained on page 2 of your HELOC note. The fee will be...
Fri, 9 Feb, 2024 at 2:26 PM
How do I close my ELOC Account?
Our ELOC Closeout Request form can be found in the attached document below.  Please complete and return the form to:   Third Federal Savings and Loan Asso...
Fri, 27 Aug, 2021 at 10:50 AM