New Lending Partner
Third Federal Savings and Loan
The Heritage Home Program is excited to announce a new banking partnership with Third Federal Savings and Loan! Third Federal Savings and Loan launched the HHP on December 21, 2016. They are offering a competitive 1.99%/2.42% APR interest rate* to residents of Cuyahoga County in participating communities and a loan term of 15 years.
In a recent press release, Maria Thompson, Third Federal's manager of Community Development Services, states "Northeast Ohio has a wonderful inventory of beautiful homes built before the mid-1960s. As these homes have aged, the need to repair and restore them has increased significantly, so we're pleased to offer borrowers a loan product geared to doing that."
The Heritage Home Program is pleased to provide homeowners with additional lending options. We look forward to a successful year ahead.
You can read the full press release here:
For more information on loan terms and conditions please visit the Heritage Home Program website here:
*Interest rates effective as of 1/11/17, are subject to change and available for loan amounts between $10,000-$150,000. Annual Percentage Rate based on $75,000 loan amount with 80% LTV based on appraisal.