Loan Services – Mortgage Loans

At Home Federal Savings and Loan Association of Niles, we offer a comprehensive range of loan services tailored to meet your financial needs. Whether you’re looking to purchase a new home, tap into your home’s equity, or secure a personal loan, our experienced lenders are here to guide you through the process with competitive rates and flexible terms.

Mortgage Loans

Embarking on the journey of homeownership is a significant milestone. Our mortgage loan programs are designed to simplify this process, ensuring you find the financing solution that aligns with your goals.

Our Mortgage Loan Offerings:
✔Local Underwriting and Processing: Benefit from prompt decisions made by our local team.
✔Fixed and Adjustable Mortgage Rates: Choose between stable monthly payments or adjustable rates that may offer lower initial payments.
✔Competitive Mortgage Rates: Access loans with favorable interest rates.
✔Online Banking Access: Monitor your mortgage activity conveniently through our online banking platform.
✔Refinancing Options: Explore opportunities to refinance your existing mortgage for better terms.
✔Construction Loans: Finance the building of your dream home with our specialized loans.
✔Streamlined Documentation: Experience a simplified application process with minimal paperwork.

As an Equal Housing Lender, we are committed to fair lending practices. Our NMLS# is 531681.

Home Equity Line of Credit (HELOC)

Unlock the potential of your home's equity with a Home Equity Line of Credit. This flexible financing option serves as a ready source of funds for various needs, from home renovations to education expenses.

HELOC Features:
✔Revolving Line of Credit: Access funds as needed within your approved credit limit.
✔Pay Interest Only on Withdrawn Amounts: You're charged interest solely on the funds you use.
✔Adjustable Interest Rates: Benefit from rates that may change over time, potentially lowering your costs.
✔Potential Tax Deductibility: Interest paid may be tax-deductible; consult your tax advisor for details.
✔No Application Fee: Apply without any upfront costs.
✔Online Account Management: Keep track of your loan activity through our online banking services

To start the application process, please contact one of our experienced lenders today.

Consumer Loans

We provide consumer loans to assist with various financial needs, including personal expenses, home improvements, and debt consolidation. If you're considering refinancing a loan from another institution, we can handle the paperwork to make the transition seamless.

Consumer Loan Options:
✔Personal Loans: Obtain funds for personal use with flexible terms.
✔Home Improvement Loans: Finance renovations to enhance your living space.
✔Debt Consolidation Loans: Combine multiple debts into a single, manageable payment.

Community Reinvestment Act (CRA) Public File

We are committed to community development and transparency. You can view our CRA Public File here

TransferNow Funds

Link your checking or savings accounts from other institutions and transfer funds directly to your Home Federal Savings and Loan Association accounts.

Link your checking or savings accounts from other institutions and transfer funds directly to your Home Federal Savings and Loan Association accounts. Now, with our newly launched feature, you can also make loan payments using any external account—no need to fund from another HFSL account first. Enjoy greater flexibility and convenience when managing your payments.

Bill Pay Service

Simplify your bill payments with our efficient Bill Pay feature.

✔Scheduled Payments: Set up one-time or recurring payments in advance.
✔Payment Reminders: Receive alerts to ensure timely payments.
✔Centralized Payee Information: Manage all your payees in one place.
✔Enhanced Security: Benefit from FraudNet monitoring for added protection.

eStatements

Opt for electronic statements to enjoy a faster, more secure, and environmentally friendly way to access your account information

✔Quick Access: View your statements online as soon as they're available.
✔Reduced Paper Clutter: Eliminate the need for physical statements.
✔Enhanced Security: Minimize the risk of fraud and identity theft.
✔Historical Records: Access up to 18 months of past statements.

Get Started Today

With local decision-making, we provide quick responses to your loan inquiries. Contact one of our experienced lenders today to discuss your specific needs. Please call us at 330-652-2539 or visit us in person.