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Home Equity Line of Credit
Home Equity Loan
Program options 
  • Home Equity Line of Credit
  • Platinum Home Equity Line of Credit
Fixed rate loan
Maximum loan ­to­ value
(based on credit qualification)
80% 80%
Maximum amount available
(based on credit qualification
and/or down payment)
$500,000  $500,000 
Payment choices 
  • Monthly payment
  • Automatic deduction from First Fed checking account
  • Monthly payment
  • Automatic deduction from First Fed checking account
Term 10-­year draw, 15-­year principal & interest  15 & 20 years 
Interest rate based on Prime rate plus margin Fixed