Huntington Federal Savings Bank has been a leading mortgage lender this this community since 1938. We are proud knowing that we have helped thousands throughout the Tri-State buy new homes. Buying a new home should be an exciting time in your life, and we know that your life’s most important purchase needs a mortgage from a bank that’s invested in you. Our bankers start by understanding your financial needs and then make it simple by taking the worry out of applying for a mortgage. They’ll lead you through the process step by step, and when it’s all done, not only will you be able to enjoy your new home, you can also enjoy knowing that your loan will never be sold to outside sources. It will stay at home right here with us. Before you apply for your mortgage loan, you’ll need to decide which type of loan may be right for you. Please read below for more information. __________________________________________________________________________________________________ Conventional Mortgage Loans Conventional Mortgage Loans offer a low fixed rate and monthly payment for the entire life of the loan.
- Minimum of 20% Down Payment
- Maximum Loan-to-Value of 80%
- Low Fixed Rate
To learn more or to apply, please call our loan department at 304-528-6230. __________________________________________________________________________________________________ Low Down Payment Purchase Mortgage Loans Our Low Down Payment Purchase Mortgage Loans offer a low fixed rate and monthly payment for the entire life of the loan.
- Minimum of 10% Down Payment
- Maximum Loan-to-Value to 90% – Applies Only to Purchase of Owner-Occupied Homes
- No Private Mortgage Insurance (PMI) Required
To learn more or to apply, please call our loan department at 304-528-6230. __________________________________________________________________________________________________ Refinancing Is Refinancing Right For You? Generally, it’s a good idea for you to consider refinancing whenever the interest rate for mortgages is more than two percentage points below your present mortgage. For more details, speak to one of our mortgage loan experts at 304-528-6230. __________________________________________________________________________________________________ Home Buying Tools and Other Important Information
- Mortgage Loan Calculator – Once you know approximately how much home is in your price range, use our convenient Mortgage Loan Calculator to estimate your monthly payments based on the principal and interest.
- Closing costs are normally paid in a lump sum at the time you take out the loan.
- Other annual costs such as taxes and insurance may be added to your monthly mortgage payment.
Home Equity Loans
Save On Taxes and Interest With A Home Equity Loan! With a Huntington Federal Home Equity Loan you might be able to save money on our special low, locked-in interest rate that could be tax-deductible (consult your tax advisor). You’ll enjoy the convenience of affordable monthly payments over a fixed time period and you might be able to save even more by paying off higher interest obligations. For for information or to apply, please call us at 304-528-6230. It would be our pleasure to serve you. __________________________________________________________________________________________________
Home Equity Line of Credit
A Home Equity Line of Credit is a line of revolving credit in which your home serves as collateral. Your credit amount is based on the amount of equity you have in your home. With a home equity line, you will be approved for a specific amount of credit determined by the equity in your home. You can borrow or draw on the line of credit during the term of your loan. Your home equity credit line can be used for anything. Since your home is likely your most valuable asset, most people use their home equity line of credit for major expenses, like:
- Home Improvements
- Tuition Expenses
- Auto / RV / Boat Purchases
- Dream Vacations
- Medical Bills
So, if you have big plans, let Huntington Federal put those plans into action with a Home Equity Line of Credit. Call one of our loan officers today to see if a home equity line of credit is right for you. Reach us at 304-528-6230. _____________________________________________________________________________________________._____ All Huntington Federal lending products are subject to credit review and approval