Home Equity Loans

Tap into the equity in your home to get the money you need and receive a tax break too (limitations apply, consult your tax advisor).  It's a smart alternative for debt consolidation, funding home projects, auto purchases, college education and much more.  We offer repayment terms up to 15 years and there are NO closing costs, annual fees, or prepayment penalties.  You may borrow up to 80% of your home's value less any existing liens.

Home Equity Lines of Credit

Our Home Equity Lines of Credit offer no application or annual fees, competitive rates, and convenient repayment terms, so there's no reason to keep putting off your dreams.  Apply for an open-ended line of credit once and simply write a check as you need funds.  You can borrow up to 80% of your home's value less any existing lien.

First Mortgage Loans

Hartford Federal offers fixed rate mortgages with terms up to 30 years as well as 1-, 3-, and 5-year Adjustable Rate Mortgages (ARMs), all with low closing costs.  If you currently have a high rate mortgage, compare our low rates and refinance with Hartford Federal to save hundreds or thousands of dollars each year!  We will loan up to 90% of the appraised value for owner occupied homes located in Connecticut.

Call or stop by any of our offices for application information

Please call 860.527.6663 for current rates.

Adjustable Rate Mortgage   
Term  Points

APR*

Rate                                                                

 5-Year ARM

 0 pts.

  2.95 APR*

  2.75

1- and 3-year ARM also available

Please call either 860-527-6663, 860-761-0080,
860-644-0200 or 860-651-1400

Fixed Rate Mortgages - Up to 30 Years

 Please call either 860-527-6663, 860-761-0080, 860-644-0200 or 860-651-1400

Low Closing Costs.  No Prepayment Penalties. 

  

*Rates start at 2.75% with a 2.95% APR. The five-year Adjustable Rate Mortgage rate is based on a 30-year loan with no points and a current index of .19% as of 8/21/12 with a monthly payment of $4.08 per thousand borrowed. Rate adjustments will occur annually after year five and will be based on the weekly average yield of U.S. Treasury securities, adjusted to a constant maturity of one year plus a margin of 2.75%. The initial rate will not change by more than 2% in any one year or 6% over the life of the loan. Loan-to-value ratio over 80% requires Private Mortgage Insurance. This rate is for conventional owner occupied 1-4 family properties in Connecticut for loan amounts between $200,000 and $417,000. Please call for other loan amounts. Rate will be 0.125% higher without direct deposit. Application fee of $275 required. Rates may be higher based on your credit history. Rates subject to change without prior notice.