Loan Rates

Home Loans

Up To 97% Financing

Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing this loan.

Interest Rates and Annual Percentage Rates (APRs) are based on a purchase of a 1-4 family, owner occupied residence with a down payment of 25%, a loan amount of $375,000, a 740 FICO score and automatic payment. These rates are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount (jumbo), loan-to-value, credit score, refinance with cash out and other variables - call for details. If mortgage insurance is required, the mortgage insurance premium could increase the APR and monthly mortgage payment. Additional loan programs may be available. Minimum loan amount is $50,000.

Rates and fees quoted effective 12/19/2024 and are subject to change without notice.

*First Time Homebuyer Loans - Maximum loan to value ratio is 97% of the purchase price or appraised value, whichever is less with no PMI (private mortgage insurance) required. Annual Percentage Rate (APR) and payment are based on a $375,000 loan. Rates and fees quoted subject to change without notice. Other restrictions may apply - call for details.

**Construction Loans - 29 year maximum term combined with an 8 month construction period wherein interest on disbursed funds is due monthly. Loan amount not to exceed $766,550. Minimum loan amount is $50,000.

Jumbo Home Loan Rates

For Loan Amounts Greater Than $766,550

Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing this loan.

Jumbo loans in an amount up to $1,500,000 will be limited to a maximum 80% loan to value ratio. Jumbo loans in an amount $1,500,001-$2,000,000 will be limited to a maximum 75% loan to value ratio. Jumbo loans in an amount greater than $2,000,000 will be limited to a maximum 65% loan to value ratio.

Interest Rates and Annual Percentage Rates (APRs) are based on a purchase of a 1-4 family, owner occupied residence with a down payment of 20%, a loan amount of $766,551, a 740 FICO score and automatic payment. These rates are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount (jumbo), loan-to-value, credit score, refinance with cash out and other variables - call for details. If mortgage insurance is required, the mortgage insurance premium could increase the APR and monthly mortgage payment. Additional loan programs may be available.

Rates and fees quoted effective 12/19/2024 and are subject to change without notice.

*Construction Loans - 29 year maximum term combined with an 8 month construction period wherein interest on disbursed funds is due monthly.

**30 year interest rate based on 90% loan to value ratio. Requires PMI and loan amount not to exceed $1,149,825.

Manufactured Home Loan Rates

Purchase of owner-occupied units only on real property; must be de-titled. Must be a double-wide manufactured home 20 years old or newer (25 years old with a home inspection indicating the structure is in good repair). APR and payment are based on a $375,000 loan. Rates and fees quoted effective 12/19/2024 and are subject to change without notice.

Home Equity Loan Rates

Primary Residence Only

Fixed Rate Loans

APR and payment are based on minimum loan amounts stated above.

Rates shown are based on credit history, credit qualifications and automatic payment. Rates effective 12/19/2024.

**Loan Fee is $295 for loans up to $100,000, and $495 for loans  above $100,000.

Home Equity Line Of Credit (HELOC)

Primary Residence Only

Rate based on Wall Street Journal Prime Rate + 1/2% with a floor of 4.50% and ceiling of 15.00%. Payment during 7 year draw period is accrued interest, based on current used balance or $100.00 whichever is greater. Payment during repayment period is 1/180th (15 years) of the principal balance owed at the end of draw period plus accrued interest.

The maximum loan-to-value is 70% for HELOCs in a 1st lien position or a 2nd lien position behind another First Federal loan. The maximum combined loan-to-value for HELOCs in a 2nd position behind another financial institution is 70%. Rate effective 12/19/2024.

Auto Loan Rates

1. Annual Percentage Rates (APRs) shown are for Purchases ONLY, include only interest and do not contain other costs, fees and payments based on a loan amount of $15,000.00. Rates effective 09/11/2024.

2. Rates include a .25% discount for automatic payment from a First Federal deposit account. If automatic payment from a First Federal deposit account is not selected, increase quoted rate by .25%. If the automatic payment option is cancelled during the life of the loan, the rate will subsequently increase by .25%.

3. Purchase: Dealer transaction LTV based on Cash Sales Price (CSP) less any rebates.

Private Party transaction LTV based on lower of low Kelley Blue Book or Cash Sales Price.

4. Credit score obtained internally through Equifax.

5. Vehicles with mileage over 120,000 or with restructured titles are not eligible for financing.

Motorcycles, ATVs, Personal Watercraft

1. Motorcycles, ATVs, Personal Watercraft - 2014 or newer. Rates effective 01/01/2024.

2. Rates include a 0.250% discount for automatic payment from a First Federal deposit account. If automatic payment from a First Federal deposit account is not selected, increase quoted rate by .25%. If the automatic payment option is cancelled during the life of the loan, the rate will subsequently increase by 0.250%.

3. APR based on loan amount of $15,000. LTV based on Cash Sales Price (CSP) or wholesale value obtained from a dealer.

Information and forms are provided on this site as a courtesy and do not constitute a credit decision or a commitment to make a loan. A documented loan application acceptable to First Federal is required for an application to be considered. All programs, rates, fees, closing costs and loan terms are subject to change without notice. This is not an advertisement as defined by paragraph 226.24 of Regulation Z.