Mortgage Loans
HUNTINGTON FEDERAL IS YOUR PARTNER FOR MORTGAGE LOANS
Huntington Federal Savings Bank has been a leading mortgage lender in the 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.
Right now, as an added benefit, when you open a new checking or savings account online, you’ll receive a $250 Lender’s Credit* toward your mortgage closing costs. It’s just one more way we’re helping neighbors become homeowners.
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
A Conventional Mortgage Loan offers 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
- Apply online for pre-approval or call our loan department at 304-528-6230.
10% Low Down Payment Mortgage Loan
- Minimum 10% down payment
- Fixed rate and monthly payment for the entire life of the loan
- No Private Mortgage Insurance (PMI) Required
- Maximum Loan-to-Value to 90%
- Applies Only to Purchase of Owner-Occupied Homes
- Apply online for pre-approval or call our loan department at 304-528-6230.
5% Low Down Payment Mortgage Loan
- Minimum 5% down payment
- Fixed rate and monthly payment for the entire life of the loan
- No Private Mortgage Insurance (PMI) Required
- Maximum Loan-to-Value to 95%
- Applies Only to Purchase of Owner-Occupied Homes
- Apply online for pre-approval or call our loan department at 304-528-6230.
Mortgage 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 or apply online.
HOME BUYING TOOLS & 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.
HUNTINGTON FEDERAL LOAN PAYMENT OPTIONS
Huntington Federal loan payments can be made using several different methods. Please review your payment options below. If you have any questions, or would like to enroll for auto-payments, please contact our office at 304-528-6230.
- Transfer Management System (TMS) – Re-occurring monthly payments automatically deducted from a checking account at Huntington Federal, or any other financial institution.
- HFSB Retail Online Banking & Mobile Banking System – Payment automatically deducted from a Huntington Federal checking account or statement savings account. Set up a single payment or re-occurring payments.
- BillMatrix Loan Payment Service – Payment electronically deducted by debit card or ACH from a checking account at Huntington Federal, or any other financial institution. Set up a single payment or re-occurring payments.
- Payment Book and funds presented at one of our offices for manual processing.
Mortgage rates, terms and conditions are subject to change. All loans are subject to credit approval. Contact Huntington Federal Savings Bank for specific eligibility requirements and guidelines.
*The $250 Lender’s Credit is a one-time offer per borrower for the life of the program. Maximum Credit per loan is $250 when borrower opens a Huntington Federal Savings Bank checking or savings account online. The credit will be applied directly toward Huntington Federal Savings Bank mortgage closing costs and cannot be exchanged for cash or applied to other unrelated fees. Online accounts must be opened and funded at least seven (7) days before loan closing. The offer may not apply to all Huntington Federal Savings Bank mortgage loan products. See one of our mortgage loan officers for additional details. Offer is only applicable for primary residence owner-occupied products. Offer is subject to change or cancellation without notice and any unapplied credits earned will be forfeited.
Member FDIC. Equal Housing Lender.
