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

Buying Down an Interest Rate with Points

As a savvy consumer, you should always be looking for ways to shave some money from your monthly budget. Even small adjustments can add up to significant savings over the…

Closing on a Home

Owning a home. It is the American dream, right? However, once you get started on your path to home ownership, you will find that there is much work in the…

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…

Down Payment Assistance Programs

For those at the low-to-moderate-income level, the most substantial barrier to homeownership are the closing costs and a down payment associated with obtaining a mortgage loan. Because of this, most…

15-Year vs 30-Year Mortgages

What makes more sense financially for you, a 15-year fixed-rate mortgage or a 30-year fixed-rate mortgage? Both loan types come with their positives and negatives. So how do you determine…

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…

Home Equity Line of Credit Payment

Repayment of a home equity line of credit requires that the borrower make a monthly payment to the lender. For some home equity lines of credit, borrowers can make interest-only…