Highland Federal Savings & Loan Association Where Banking Is About You
Online Banking
Login
Learn More
Enroll
Demo


Home
Online Banking
Deposit Accounts
Loans & Mortgages
Banking Services & Fees
Community Information
Financial Tools
Links of Interest
Security
About Us

Mortgage Loans

  Application | Construction Loans | Home Equity Lines of Credit | Loans on CDs

Mortgage Loans

 
IN HOUSE LOANS
 

Highland Federal offers a variety of in-house (loans we keep) mortgage loans.  Highland Federal’s in-house loan products often allow us to customize loan arrangements for borrowers and/or properties that don’t necessarily fit the guidelines of the Fanniemae/Freddiemac secondary market.  These in-house lending programs offer great flexibility for a multitude of loan situations that strictly secondary market lenders cannot offer, e.g. credit issues, unique properties, job relocations, etc.  Loan decisions are made locally, not by an automated system or an underwriter in a distant location.

 

Another added plus on the in-house loans is that all payments are made directly to us and the loans are not sold to an investor.

 

Fixed rate and adjustable rate mortgage (ARM) loans are available with our in-house program.  We lend on a diversity of property types- single family dwellings, multi-family units, vacant land, manufactured homes, commercial real estate, owner occupied and non-owner occupied property.  If it’s anything related to real estate, we’ll look at it.

 
♦ Return to Top
 

SECONDARY MARKET LOANS
 

In addition to Highland Federal’s wide array of In-House Loans, we also offer loans that are sold into the secondary mortgage market.  This allows us to offer a full menu of products that can handle all of your home financing needs.

 

Programs are available for a wide range of borrowers:

 
  1. First-time homebuyer, with limited cash available for a down payment;
  2. Investors wishing to increase their real estate holdings;
  3. Homeowners in need of cash for debt consolidation, college education or remodeling;
  4. If making your payment locally and dealing with familiar faces is important to you, we also offer secondary market loans that will be serviced by the staff here at Highland Federal.
 
   
OUR PRODUCT LIST:
 
Conforming Fixed Rate
 
  • Wide array of terms available 
  • Interest rate fixed for the life of the loan 
  • Available for owner occupied, second homes, rental properties
  • Loans up to 95% of the purchase price

 

PLEASE NOTE: Products and parameters are subject to change
 
Return to Top

 

Member FDIC Privacy Notice Sitemap Home Contact Us
Privacy Policy Notices, Terms, and Conditions |
Browser Requirements
Online Banking Deposit Accounts Loans & Mortgages Banking Services & Fees Community Information Financial Tools Links of Interest Security About Us