Our New Product

Here’s some info on our new product

Open Now 

Why Choose First Federal Lakewood

As we help you with your banking needs and grow together, we’re proud to be part of your community.

Careers

Our employees are valued, respected, and their voices are heard.

Community Impact

Our commitment to our neighbors has been setting us apart since 1959.

Management Team

Their experience and dedication provide strategic direction for today — and tomorrow.

Board of Directors

Our Board of Directors ensures we are fiscally sound and focused on your needs.

Some product features

Here’s some features of the product

  • Feature one
  • Feature two

Additional Resources

Home Equity Loan or Line of Credit?

Home equity lines of credit often have more flexible repayment terms than a standard home equity loan. Home equity loan payments are typically fixed over the repayment period, while home…
View Resource

Is a “Tiny Home” the Answer?

Some individuals have altered their way of life with the tiny house movement. They have adjusted to fewer belongings and smaller spaces and are looking to save money and focus…
View Resource

Paying Off a Home Equity Loan or Line of Credit

The length of time it will take to pay off a home equity loan or line of credit is largely driven by the interest rate being paid on the outstanding…
View Resource

Calculate a Mortgage Payment

Repayment of a mortgage loan requires that the borrower make a monthly payment back to the lender. That monthly payment includes both repayment of the loan principal, plus monthly interest…
View Resource

Foreclosure Prevention

Our goal is to keep you in your home, foreclosure will only be considered after all other options have been exhausted. We want you to have the facts about your…
View Resource

Should You Refinance Into a Shorter Term Mortgage?

When mortgage rates are high — and in December 2022, the rate for a 30-year mortgage loan was at 6.27 percent, while the 15-year fixed-rate mortgage loan was at 5.52…
View Resource

Buying vs Renting a Home

Does it make more sense to rent than to buy? That has been a long-running debate in this country. However, the question is flawed: There is no correct answer. There…
View Resource