Why Choose First Federal Lakewood

From helping you with your banking needs to inspiring our employees, 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.

Cross Sells

In your community

Our employees volunteer to hold seminars, workshops and other financial literacy events in the communities we serve. We’d love for you to get to know us!

We Support 150+ Community Organizations

And so do you, when you bank with us.

Resources

The Equity in Your Home

The amount of equity available for a home equity loan or home equity line of credit is determined by the loan-to-value ratio of the home and the ratio requirements of…

Building a Home Buying Team

Buying a home can be complex. Since it’s probably one of the most significant purchases you will make in your lifetime, it’s a good idea to assemble a team to…

5 Tips for Applying for a Mortgage

The process of buying a home can be daunting if you’re a first-time buyer, especially when it comes to acquiring a home loan. Proper preparation can be the key to…

Compare Two Mortgage Loans

When purchasing a home the mortgage you choose and the options you choose with it will have significant impact on how much your home costs you in the long run.…

Understanding Housing and Debt Ratios

You’ve found your dream home in the perfect neighborhood. There’s just one problem: You do not know if you can afford the monthly mortgage payments that will come with the…

Getting Rid of Private Mortgage Insurance

When purchasing a standard mortgage from a private lender, you may be required to purchase private mortgage insurance (PMI). However, PMI can be costly, usually charging you around 0.5% to…

Know When to Lock-In a Mortgage Rate

When you are preparing to get a mortgage, one of the steps you can take is to lock in your interest rate. This is when you sign a formal agreement…