Equity / Auto Loan Rates



Unsecured Home Improvement Loan Rates

Get up to $15,000 for home improvements with just your signature*

 


$5,000 $10,000 $15,000

Loan Term  Rate APR   Rate APR  Rate  APR 
60 months 5.50%  5.92%  6.50%  6.92%   7.25% 7.67% 
84 months N/A   N/A 7.00%  7.31%  7.50%  7.81% 
120 months N/A N/A  N/A  N/A  7.75%  7.98% 

A loan origination fee of 1% applies to all loans. Rates reduced by 0.5% for customers with a First Federal Bank Checking Account & Direct Deposit.
*All loans subject to credit approval.



Equity Loan Rates

Use the equity in your home to finance some of life's larger expenses. Visit a Banking Center near you today to apply!

 

MasterLine EQUITY LINES OF CREDIT

Lock in a low rate of 1.99% APR** fixed for 12 months!
(4.75% APR variable thereafter: $25,000 or more, 80% CLTV or less)**

WSJ Prime: 4.25% (As of 7/12/2017)

  Combined Loan-to-Value 80% or less Combined Loan-to-Value 80.01% - 95%
  Loan Amounts Rate APR Rate APR
Tier 1: $10,000 - $24,999 Prime + 2.00% 6.25% Prime + 2.50% 6.75%
Tier 2: $25,000 - $99,999 Prime + 0.50% 4.75% Prime + 1.00%** 5.25%
Tier 3: $100,000 - $200,000*** Prime + 0% 4.25% Prime + 0.50%** 4.75%

 

Min. Interest Rate: 3.99% | Max. Interest Rate: 15.00%
Combined Loan-to-Values (CLTV)
***CLTVs greater than 80% will be limited to a maximum $100,000 credit line.
95% LTV/CLTV - Combined Loan Limit of $417,000
90% LTV/CLTV - Combined Loan Limit of $500,000
80% LTV/CLTV - Combined Loan Limit of $575,000
75% LTV/CLTV - Combined Loan Limit of $625,000
70% LTV/CLTV - Combined Loan Limit of $700,000

Origination Fee: $200 (Tier 1 Only.)

Closing Costs: Tier 1: Borrower is responsible for all closing costs, except recording fees.
(Est. closing cost: Title Commitment ($100-$270), Flood Cert. $16, KS Mtg. Tax [varies], ANT Ins. $75 /$90, Appraisal $430, credit report $4.75 individual [or $8.65 Joint])

Tier 2 & 3: First Federal Bank will pay origination fee and all closing costs.

MasterLine Variable Rates: The APR may vary monthly.

MasterLine Payments: Greater of monthly accrued interest or $50, billed on the 4th of each month, due by the 30th (after maturity, minimum monthly payment is 1.7% of outstanding principal balance or $100, whichever is greater.)

**APR = Annual Percentage Rate. Available on lines of credit of $10,000 or more, up to 95% CLTV (First mortgage balance + Equity line credit limit / Property Appraised Value.)  After the introductory period, the APR will vary for the remaining life of the loan. APR may change no more than once per month. As of 7/12/2017 the variable rate for lines of credit varies from Prime to Prime + 2.50% depending on credit line amount and combined loan-to-values (CLTV) currently 4.25% APR, to 6.75% APR. The rate will not exceed 15% APR and the minimum rate is 3.99% APR. Maximum credit line of $100,000 for loans with a CLTV of 80% or more. Pre-payment fee of $500 may apply to credit lines of $25,000 or more. Subject to credit approval. Property insurance required. Rates are subject to change without notice. Contact First Federal Bank for current rates. Offer available for new MasterLine Equity Lines of Credit only and requires having or opening a First Federal Bank Checking account.




Fixed Rate Equity Loans

  60 - 120 Months >121 - 180 Months
  Loan Amounts Rate APR Rate APR
Tier 1: $10,000 - $49,999 8.25% 8.35% 8.50% 8.57%
Tier 2: $50,000 - $100,000† 8.25% 8.30% 8.50% 8.53%

For loans less than an 80% loan-to-value, reduce rates above by 1.00%

Annual Percentage Rate (APR)
The APR assumes the maximum loan amount for the maximum term. For example, a $49,999.00 / 85% CLTV loan, 180 monthly payments of $493.00 would be required.

†Requests for larger loan amounts up to $200,000 considered on a case-by-case basis for homes with a CLTV of 80% or less only.

Combined Loan-to-Values (CLTV) and Combined Loan Limits:
CLTVs greater than 80% will be limited to a maximum $100,000 credit line.
95% LTV/CLTV - Combined Loan Limit of $417,000
90% LTV/CLTV - Combined Loan Limit of $500,000
80% LTV/CLTV - Combined Loan Limit of $575,000
75% LTV/CLTV - Combined Loan Limit of $625,000
70% LTV/CLTV - Combined Loan Limit of $700,000

Origination Fee: $200 Origination Fee for all Fixed Rate Equity Loans.

Closing Costs: Tier 1: Borrower is responsible for all loan closing costs, except recording fees.
(Est. closing cost: Title Commitment ($100-$270), Flood Cert. $16, KS Mtg. Tax [varies], ANT Ins. $75 /$90, Appraisal $430, credit report $4.45 individual [or $8.05 Joint])

Tier 2: First Federal Bank will pay all closing costs, except Origination Fee and Kansas Mortgage Registration Tax, if applicable.

Automatic Loan Payments (ALP): Deduct 0.25% from rate or margin when ALP payment option from a First Federal Bank checking or savings account is selected for Fixed-Rate Equity Loans.


Rates and fees are subject to change without notice.





Auto / Title Vehicle Loans


Purchase the car, truck or SUV you need with affordable financing from First Federal Bank. Visit the Banking Center nearest you today to apply!

 

Figure out your auto loan payment


Auto Loan Rates with Credit Score of 720 or Greater

 Term Used (2010 - 2015)
New (2016-2018)
36 Month 3.25% APR*
2.75% APR*
48 Month 3.50% APR* 3.00% APR*
60 Month 3.75% APR*
3.25% APR*
 72 Month n/a 3.50% APR*

*Annual Percentage Rate:
The APR assumes the maximum loan amount. For example, a $65,000 loan amount with 60 monthly payments of  $1,175.20 would be required.

Document Prep Fee: $200

Credit Scores:
Add .50% to the rates above for Credit Scores < 720
Add  1.00% to the rates above for Credit Scores < 680

Sales Tax:
Add .50% to the rates above if financing additional 10% for Sales Tax.

Minimum Loan Amount:
$5,000

Maximum Loan Amount: $65,000
New Cars (2016-2018 Model Years): Lesser of purchase price or 100% of MSRP ("sticker price")
Used Cars (2010-2015 Model Years): Lesser of purchase price or average trade-in value
(vehicles with Salvage titles are ineligible)

Maximum Mileage: > 100,000 is limited to a 36 month term

Title Fees:
Borrower is responsible for all costs associated with Recording/Title Fees, if applicable.

Automatic Loan Payments:
Deduct 0.25% from rates above when automatic loan payments are made from a First Federal Bank checking or savings account.

Rates and fees are subject to change without notice. 



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P.O. Box 419194
Kansas City, MO 64141-6194
Phone (816) 241-7800  |  Bank / ABA Routing Number: 301071592

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