Home Equity

Are you dreaming of renovating your home, financing your child’s education or simply consolidating high-interest debt? A home equity from Altoona First might be the key to achieving your financial goals.

Home Equity Installment Loan

Use the equity in your home to get the money you need with a Home Equity Loan at a fixed or variable rate that works for you.

Details:

  • Competitive rates for most any purpose:
    • Home improvements
    • Vehicle repairs
    • Debt consolidation
    • And more
  • Amount based on equity in home
  • Interest is typically tax deductible*
  • Fixed rate available for consistent monthly payments
  • Adjustable rate available to capitalize on market conditions
  • Local decision-making and fast processing

Home Equity Line of Credit (HELOC)

Get the flexible funding you need, when you need it with a HELOC from Altoona First Savings Bank. Our local lenders are here to offer guidance and competitive rates with local decision making, so you can borrow at the rate you need on terms that work for you.

Details:

  • Competitive rates for most any purpose, especially ongoing projects or needs
  • Amount based on equity in home
  • Only pay interest on what is used
  • Access anytime; no need to re-apply
  • Easy access to funds online, by check, in person, or through telephone banking
  • Security in knowing funds are always available
  • Interest is typically tax deductible*
  • Local decision-making and fast processing

Home Equity Construction Loan (Fixed or Adjustable Rate, Fixed Term)

Open new opportunities with a home equity construction loan with Altoona First. We lend based on the finished value of your home after renovations!

Details:

  • Competitive rates for most any purpose, especially ongoing projects or needs
  • Amount based on equity in home after taking into considerations home improvement being financed
  • Only pay interest on what is used
  • Interest is typically tax deductible*
  • Local decision-making and fast processing

*Consult with a tax advisor to determine if the interest you pay is deductible.