Home Equity Loans Learn More
Rates and APRs below as of 05/20/2025.
| Product | Rate | APR |
|---|---|---|
| Home Equity Line of Credit (HELOC)1 | 7.250% | 7.273% |
| Home Equity Loan2 | 6.500% | 6.534% |
For products not listed above, including government insured, contact one of our Mortgage Banking Professionals.
1HELOC stated Annual Percentage Rate (APR) subject to criteria, including automatic payment from a First Federal checking account. HELOC initial payment is interest-only. Line of credit is accessible for ten years followed by a fifteen-year repayment period. Variable interest rate may increase after consummation. Property insurance may apply. Maximum APR of 18.00%. Borrower may be responsible for third-party costs that may range from $250 to $5,000. Borrower is responsible for appraisal fees on loans exceeding $400,000. In Idaho, the title insurance premium (if applicable) and mortgage recording tax will be based on the maximum amount of the credit line available to you, regardless of how much is advanced to you at any time. Rate quoted is for liens in first position. Loans in second lien position will have higher rates.
2Rates vary by qualification and term selected. Rate quoted is for liens in first position. Loans in second lien position will have higher rates.
Fixed-Rate Mortgage
Actual loan qualifying is subject to verification of income, credit, property appraisal, and other factors. As of 4/24/2025, these figures are deemed reliable but not guaranteed. For a 30-year fixed loan, borrowing $300,000 at 6.157% Annual Percentage Rate (APR), 360 monthly payments of $6.24 per $1,000 borrowed. Rates, fees, and programs are subject to change at any time without prior notice. A detailed Loan Estimate will be prepared upon receipt of your application for a loan. Borrower is responsible for appraisal fees and third-party costs that may range from $2,000 to $10,000. Actual loan payments may vary based on principal loan amount and interest, term, and will depend on additional factors such as property taxes and insurance. First Federal Bank has several options under each stated loan term to best tailor a mortgage option to fit your needs. Down payment as low as 3% of the purchase price for qualifying mortgage products. Loan-to-value of above 80% may require mortgage insurance. Lower down payment or down payment assistance options may be available. Talk to a Mortgage Banking Professional for additional details. All offers are subject to credit approval and terms and conditions may apply. Rates and terms are subject to change without notice.