First Federal Savings Bank Twin Falls

HELOC and Home Equity Loans

Working from home, spending more time with family is great…except when it isn’t.

If you’re ready for a dedicated home office space, First Federal Bank has a loan for that! Make your workspace your own by converting an existing room or adding a new addition with a home equity loan or line of credit.

A disgruntled looking man with cucumbers and other beauty products on his face with women doing the same

When the morning rush becomes the morning crush, it’s time to consider adding a second bathroom to your home. When you’re not fitting in your current space, First Federal has a loan for that.

Set up autopayment from your First Federal checking account and save even more.

There’s nothing to lose… and space to gain!

Home Equity Lines of Credit1

Do you want to have access to a line of credit with a rate as low as 8.251% APR, with interest you may be able to deduct to lower your income taxes2? Consider a Home Equity Line of Credit — you determine when you draw funds and when you pay back principle.

You’ll have access to borrow on your line for ten years; after that time, any remaining balance will be payable on a fifteen-year repayment term. The interest is a variable rate of interest which can change monthly. Required monthly payments during the draw period are interest only; payments for the repayment period are based on full principle and interest. An annual fee is required.

This product cannot be combined with a purchase transaction.


Home Equity Loans

With a Home Equity loan, you save time and money vs. traditional mortgage refinancing. You can use the equity in your home for almost any reason and choose from a variety of loan terms. Remodel your home, pay for educational expenses, or even buy a car — the possibilities are endless. Unlike a Home Equity Line of Credit or revolving credit cards, these loans are for a fixed period, with a fixed rate of interest.

Rates and APRs below as of 11/27/2023.

Scroll to the left to view the rest of the table.

Product Rate APR
Home Equity Line of Credit (HELOC)1 8.250% 8.251%
Home Equity Loan3 7.125% 7.128%

For products not listed above, including government insured, contact one of our loan professionals.


1HELOC stated APR Annual Percentage Rate (APR) subject to criteria, including automatic payment from a First Federal checking account. HELOC initial payment is interest-only. Line of credit is accessible for ten years followed by a fifteen-year repayment period. Variable interest rate may increase after consummation. Property insurance may apply. Maximum APR of 18.00%. You may also be required to pay certain fees to third parties (such as appraisers, credit reporting firms, and government agencies) to open a line. These fees generally total between $0.00 and $1,200.00. If you ask, we will give you an itemization of the fees you will have to pay to third parties. In Idaho, the title insurance premium (if applicable) and mortgage recording tax will be based on the maximum amount of the credit line available to you, regardless of how much is advanced to you at any time. Rate quoted is for liens in first position. Loans in second lien position will have higher rates.

2Consult your tax advisor. Deductibility of mortgage interest may vary dependent on your individual tax situation and purpose of loan funds.

3 Rates vary by qualification and term selected. Rate quoted is for liens in first position. Loans in second lien position will have higher rates

All credit products subject to approval.

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Today's Rates

Auto Rates Starting at


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Home Equity Lines of Credit from

8.25 %APR*

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Home Equity Loans from

7.13  %APR*

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*All credit products are subject to approval and subject to change without notice. Rates, terms, and amounts based on qualification.