Our New Product

Here’s some info on our new product

Open Now 

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

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…
View Resource

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…
View Resource

The Pros and Cons of an HOA

A homeowners association (HOA) provides you with the chance of living in an orderly and well-run neighborhood that’s managed by an organization that sets the rules and regulations under which…
View Resource

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…
View Resource

Fixed Rate vs Adjustable Rate Mortgages

You are ready to apply for a mortgage. Your question? Should you take out a fixed-rate loan or an adjustable rate? As with most mortgage questions, there is no one…
View Resource

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…
View Resource

Time to Refinance?

The decision to refinance a home mortgage can involve many factors. You might want to take cash out of your home at when you refinance to use for other purposes.…
View Resource