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

Building Equity in Your Home

If you own a home, the mortgage payments you make each month could help you build a substantial asset – home equity. The home equity you build represents how much…

Home Affordability

If you are starting your search for a home and considering a home loan, you should use this handy financial tool to first calculate how much you can afford. Your…

Proceeds from Sale of a Home

One of the most important questions consumers will ask themselves is “how much money the sale of their home will yield?” That’s largely dependent on two things: the amount you…

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…

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…

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…

FHA Mortgage Basics

FHA mortgages are a popular option for first-time home buyers to consider. These loans offer attractive terms, including the ability to make smaller down payments and a some flexibility when…