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

Down Payment Strategies for First-Time Home Buyers

The idea of buying a first home is exciting. However, coming up with a sizable down payment can feel like an impossible task. That is especially true when many lenders…

Using the Equity in Your Home

Ready to test your knowledge? You’ll have ten multiple choice questions to answer. Click on each question to reveal the question and multiple choice answers. After you’ve completed answering all…

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…

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.…

Calculate a Home Equity Loan Payment

Repayment of a home equity loan requires that the borrower make a monthly payment to the lender. That monthly payment includes both repayment of the loan principal, plus monthly interest…

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…

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…