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

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Additional Resources

Using the Equity in Your Home Wisely

You’ve paid down a significant amount of your mortgage. Since you have, you now have an equally significant amount of home equity. This is good news. Home equity provides you…

Additional Financial Home Buying Obligations

You have found your dream home in the perfect neighborhood for you and your family. You have even determined that you will be able to afford the monthly mortgage payments…

Consolidating Debt with Home Equity

Home equity loans can be used to consolidate account balances from multiple credit cards or installment loans into a single loan, while offering the added benefit of consolidating multiple payments…

Buying a Home from a Family Member

When you have a parent, sibling, or another family member who is planning to move, you may be able to be first in line to buy their home. Plus, they…

Being Pre-Qualified vs. Being Pre-Approved

Pre-qualified and pre-approved are some of the most common terms you may encounter when applying for a mortgage. Unfortunately, most people often use these two phrases interchangeably, not knowing they…

What Now for Home Equity?

The recent tax law changes have many homeowners and home buyers more than a little nervous about real estate purchasing and borrowing decisions and how they will affect your taxes.…

How Escrow Accounts Work

When you purchase a home with the help of a lender, the lender will likely set up an escrow account for you as well. The lender collects the money from…