Mortgage Loans

Residential

Home Purchase

If you are looking to purchase a new home, our mortgage products are designed to fit your lending needs. Our experienced lenders will be glad to share our competitive interest rates and low closing costs. We do not sell your mortgage to any other lender, and your loan will be serviced locally by people you know and trust.

Home Construction

Building a new home? Let First Federal help simplify the construction process. Our construction loans are permanent financing provided at the onset of your project. That means one closing and one set of closing costs. We can offer an interest-only payment period during the construction phase, and then convert your mortgage to begin regular repayment once construction is complete.

Refinance

Refinance your existing home mortgage with our competitive rates and low closing costs. Our lenders can help you compare the options of refinancing with First Federal.

Home Equity Mortgages & Lines of Credit

Access the equity in your home to finance things like home improvements, a new vehicle, or college tuition – the possibilities are endless. A home equity mortgage is a fixed-term loan with a steady repayment schedule. Both fixed rate and variable rate mortgages are available in a Home Equity Loan.

A Home Equity Line of Credit (HELOC) is a revolving loan, where funds can be withdrawn, repaid, and redrawn again any number of times until the loan term expires. Our low variable rate lines have long terms and no annual maintenance fees. You can establish a line of credit and draw funds only as needed.

First Time Homebuyer

We have built our reputation helping families throughout our community fulfill the dream of home ownership. Buying your first home is exciting, but can also be overwhelming. Our lenders will explain and walk you through the home buying process, ensuring a rewarding experience.

Our First Time Homebuyer program is designed to allow a 10% down payment with no rate penalty and NO private mortgage insurance. Our closing costs are the lowest in our area.

Depending on the time of year, down payment assistance programs may be available through First Federal partner agencies. These programs are time sensitive and have different qualification criteria. Our lenders will explain these programs to you when they become available to see if you may qualify.

Credit Cards - New!

With our Mastercard Credit Card you get hometown convenience, worldwide acceptance, great benefits and much more. Choose the card best suited for your needs, with no annual fees for our Platinum Credit Card and includes a 0% introductory rate. In addition, you may choose to select a card which includes a Rewards Program. Click on Learn More to choose the card that is right for you and apply. You may also apply by visiting our office or call us if you have any further questions.  

Online Mortgage Center

Visit our Online Mortgage Center for more information on our residential loan products and mortgage rates. Apply Now or Prequalify for a loan using our online application. When you have completed the application, click submit and your information will be reviewed. One of our loan officers will follow up to complete the process or answer your questions. Please feel free to contact us with any questions you may have at 419-238-1463.

Click on our Calculators to help you determine your loan financing amount and payment options.

First-Time Homebuyer Program and Welcome Home Program (when available) are limited to owner-occupied, home purchase transactions.

All loan products are subject to credit and collateral approval.

Business

Commercial

To help find a solution to your business needs, contact Thad Eikenbary, our Commercial Loan Officer, at 419-238-1463 to apply.

• Flexible terms to meet your business needs
• Commercial Real Estate loans
• Operating Lines of Credit
• Agricultural loans
• Equipment & Working Capital Loans

Farm or Agribusiness

Allow your farm or small agribusiness to develop or expand. More farmers are discovering that First Federal has the resources and flexibility to meet your farm or agribusiness needs. Our quick & local decision making means working with lenders you know and trust.

Operating Lines

Manage your cash flow needs with a mortgage operating loan from First Federal. Our lending team will take the time to thoroughly understand the financial needs of your business and develop a plan tailored to you. We also understand the importance of responding to your borrowing and banking needs in a timely manner. We deliver on the commitment of promptness because our lending decisions are made locally by experienced individuals who know and understand our local market.

Investment Properties

Similar to our residential mortgages, First Federal takes the hassle out of purchasing or refinancing investment properties. Our lenders understand the unique needs of owning and managing these properties. From single family to four unit residential properties, we offer both fixed rate and variable rate mortgages with quick turnaround.

Begin your business lending relationship with First Federal today and experience the local lending difference.

Please feel free to contact us with any questions you may have at 419-238-1463.

Business Credit Cards - New!

Our Business Mastercard Credit Cards are designed to complement the way you do business. Platinum Business Credit Cards offer exclusive savings and superior customer support. Best of all, you can earn CASH BACK or REWARD POINTS every month simply by using your Platinum Payback or Platinum Preferred Card. Apply today and begin realizing the benefits of a card that delivers true convenience, support and value. Click on Learn More to choose the card that matches your business needs from our three choices and apply. You may also apply by visiting our office or call us if you have any further questions.