Home Loans

Mortgage Loans

Make that dream of owning your own home a reality!

Home Federal Bank was established in 1920 as a Savings and Loan Company giving us over 90 years experience in Home Mortgage Loans. Due to our history Home Federal Bank is proud to have earned the reputation for being the "Home Loan Specialist."

For many years, Home Federal Bank has been one of the main sources of home loan financing in the area. Our rates on mortgages are always competitive. Home Federal Bank can in some cases lend up to 100%, on first mortgage real estate loans.  We give speedy, accurate service to our loan customers. We strive to complete a real estate loan in the minimum amount of time.

Already own your home?  Look into refinancing your home with us.  Refinancing may allow you to lower your monthly payments or get you some extra cash.

Home Federal Bank has a variety of home loan terms with both fixed and adjustable rates. This allows us to offer you a mortgage to fit almost any budget.

If you are looking for that perfect lake vacation home, Home Federal Bank is also a leader in second home mortgages.

Investors in rental properties and commercial real estate can also get their lending through Home Federal Bank.

Be sure to check our competitive rates before you finance.

Home Improvement Loans

Home Federal Bank's home improvement loans give you the ability to renovate the home of your dreams. It's inevitable part of owning a home that it will need work at some point. The good news is that Home Federal Bank home improvement loans can make the repairs or improvements you need affordable. With Home Federal Bank you will get the flexibility to make the improvements on your own timeline, but also get competitive low rates that make it within your means.

The leaky roof, the poor insulation in the living room, or the refrigerator that doesn't stay cold, all these things can be remedied with our competitive rates for home improvement loans. Home Improvement Loans give you the ability to borrow money to improve your home without having to dip into your savings.

If repair is not what you are looking for and instead want to make improvements, we are there to help. Wanting to add a pool to the backyard or build a garage? Come visit us at Home Federal Bank.

Construction Loan

Home Federal Bank's Construction Loan will help you build the home of your dreams. You have invested a lot of time imagining your perfect home, down to every detail. Let us make that dream a reality. Whether this home is your vacation home on Norris Lake, Tennessee, the home that your kids will grow up in, in Bell County, Kentucky, or your mountain retreat in Lee County, Virginia; Home Federal Bank is here to help.

We offer a variety of financing options to meet your needs. This program is customized to meet the unique requirements of your project.

Home Federal Bank has always maintained the reputation as the best and most experienced bank when it comes to dealing with construction loans in Kentucky, Tennessee, and southwest Virginia. We put this experience to work for you. Our lenders can give you a construction experience that you will not be able to find other places.

These benefits include quick processing, guidelines on your project, and the comfort of knowing the people you work with. All of these benefits will save you time, money and many frustrations usually associated with construction loans. Our procedures for construction loans are designed to help you with the difficult process of managing and building your new home.

Home Equity Loans

Home Federal Bank's home equity loans can turn the investment in your home into accessible cash! This money can be used for home improvements, education, a new car, or whatever your needs.

We offer convenient, flexible terms and competitive interest rates on home equity loans. Unlike many loans, the interest you pay on a home equity loan may be deductible from your income taxes. Consult your tax advisor.

"Home Equity Line of Credit" (HELOC)

Our HELOC offers convenience and financial freedom in that your loan funds can be accessed simply by writing a check or making a transfer. The interest is paid only on the funds used. Low required monthly payments allow you to choose timing and amount of principal reduction. As your balance is reduced your funds become available for use.

  • Turn your home into a personal line-of-credit.
  • Enjoy easy payment terms and possible tax benefits
  • Consolidate bills or high interest loans into one convenient lower payment
  • You have an ongoing source of credit until maturity regardless how many times it is used and repaid.

Visit our Calculators.

Use our Loan Inquiry Form for a fast response

With our seven locations in Tennessee (Harrogate, New Tazewell, Jacksboro and Knoxville) and Kentucky (Middlesboro and two locations in Harlan) we are the convenient bank to help you with your lending needs. Whether you are looking to buy or build your dream home, our Relationship Bankers can help you. At Home Federal Bank, we will use our experience and expertise to secure the best and most economical loan for your needs.

For information about our Mortgage Loan Officers please visit nmlsconsumeraccess.org.