Loan Rates

Single Family / Owner-Occupied Mortgage Rates

Loan TypeMax TermRatePointsAPR* Payment**
10 Year Fixed1 10 Years3.000%1.00%3.394%$965.61
3.250%0.00%3.431%$977.19
15 Year Fixed1 15 Years3.000%1.00%3.270%$690.58
3.250%0.00%3.375%$702.67
20 Year Fixed1 20 Years3.375%1.00%3.587%$573.56
3.625%0.00%3.723%$586.40
30 Year Fixed1 30 Years3.750%1.00%3.904%$463.12
4.000%0.00%4.072%$477.42
5 Year Easy Refi5 5 Years3.250%--3.250%$1,808.00
10 Year Easy Refi5 10 Years3.375%--3.375%$983.01
15 Year Easy Refi5 15 Years3.500%--3.500%$714.88
Home Ready Mortgage30 Years3.750%1.00%3.904%$463.12
4.000%0.00%4.072%$477.42
Construction Loan2 30 Years3.750%1.00%3.901%$926.23
4.000%0.00%4.070%$954.83
Swing Loan3 6 Months5.250%1.00%7.567%$205,235.62
5.500%0.00%5.734%$205,484.93
Lot Loan4 5 Years4.750%1.00%5.152%$388.92

The above Annual Percentage Rates (APR) assume a 20% down payment with a loan amount of $100,000 for the maximum term disclosed and closed on the last day of the month. Jumbo loans (above $417,000) may have different rates and terms. This will result in a different APR calculation. In order to guarantee these rates, a complete application must be submitted and a Rate-Lock Agreement must be signed. First Federal has several loan programs for first-time home buyers and others who do not have or want to put at least 5% down. We also have loans for 2-4 family dwelling properties. Please contact a Loan Advisor for complete details.

There may be loan level price adjustments that may affect the interest rate quote based upon certain eligibility or other loan features, such as credit score, loan purpose, loan to value, product type, etc.

*All rates and APRs are accurate as of 06/23/2017 and are subject to change without notice.

**Except where indicated, payments are monthly and based on a loan of $100,000. Payment does not include tax and insurance obligations, if applicable, the payment obligation will be greater.

1 These loans have a maximum loan-to-value (LTV) of 95%. LTV’s above 80% require Private Mortgage Insurance (PMI) which could increase the Annual Percentage Rate (APR).

2 These loan’s APRs assume a 20% down payment with a loan amount of $200,000.

3 This loan’s APR assumes a 20% down payment; a loan amount of $200,000 with principal and interest due at maturity.

 4 This loan’s APR is based on a 20% down payment with a loan amount of $35,000.

5 Easy Refi is for first liens only. The $199 closing cost paid by the applicant(s) includes the fees for the Appraisal, Credit Report, Flood Certification, Second Mortgage Report and Mortgage Recording Fee. Any additional fees are the responsibility of the applicant(s).


Auto Loans1

YearMax TermRate as low as* APR as low as*
2016-201760 Months3.000%3.545%
2014-201560 Months3.250%3.794%
201348 Months3.375%4.049%
201248 Months3.750%4.425%
201148 Months4.750%5.431%
201048 Months4.500%5.181
2009 & Older48 Months5.750%6.438%

Boat, Motorcycle or RV Loans3

YearMax TermRate as low as* APR as low as* Max MSRP
201760 Months5.740%6.296%90%
201660 Months5.840%6.397%90%
201560 Months6.340%6.901%90%
201460 Months6.540%7.100%90%
201360 Months6.840%7.401%90%
201248 Months6.940%7.632%90%
201148 Months7.590%8.286%90%
2010 & Older36 Months8.240%9.153%90%

Unsecured Installment Loans2

Max TermRate as low as* APR as low as* Max Loan Amount
36 Months15.240%17.139%$5,000

* Rates and APRs effective as of 06/23/2017 and are subject to change without notice. Those shown are available to borrowers with excellent credit.

1 These rates and APRs assume a $10,000 loan amount. A $10,000 automobile loan at a 4.24% interest rate for 60 months with a $135 document preparation fee and will have an APR of 4.79% and a $187.76 monthly payment.

2 These rates and APRs assume a $5,000 loan amount. A $5,000 unsecured installment loan at a 14.99% interest rate for 36 months with a $135 document preparation fee will have an APR of 16.89% and a monthly payment of $177.99.

3 These rates and APRS assume a $10,000 loan amount. A $10,000 Boat, Motorcycle or RV loan at an interest rate of 6.59% for 60 months with a $135 document preparation fee will have an APR of 7.15% and a monthly payment of $198.74


Fixed Rate Home Equity Loans1

Max Term80% LTV
No Closing Costs
80% LTV
1st Lien
80% LTV
2nd Lien
90% LTV
2nd Lien
APRAPRAPRAPR
5 Years3.625%N/AN/A4.625%
10 Years4.125%N/AN/A5.125%
12 YearsN/AN/AN/A5.625%
15 Years4.625%N/AN/AN/A

1 Annual Percentage Rates are based on a loan amount of $25,000. Loan payment example: A 10 year home equity loan for $25,000 with an APR of 5.00% would be payable in 120 monthly payments of approximately $265.05. Payment does not include tax and insurance obligations, if applicable, the payment obligation will be greater. For loans over 75% Combined Loan to Value (CLTV), closing costs will be the responsibility of the borrower. These costs may include, but aren’t limited to: credit report, flood certification, title search, appraisal, and recording fees. Property insurance is required;if the collateral is determined to be in an area with special hazards, flood insurance will also be required.

Home Equity LOC4

Max Term70% LTV1 80% LTV2 90% LTV3
10 Years4.25% APR4.75% APR6.25% APR

All rates and APRs effective as of 06/23/2017 and are subject to change without notice.

*HELOC rates are variable and adjust monthly.

1 Wall Street Journal Prime

2 Wall Street Journal Prime + 0.5%.

3 Wall Street Journal Prime + 2%.

4 Maximum APR will not exceed 18%.Third party fees charged for opening this account generally total between $0 and $600. A $50 Annual Maintenance Fee will be due on the yearly anniversary of the opening date of the account. Property insurance is required;if the collateral is determined to be in an area with special hazards, flood insurance will also be required. Paying only your minimum monthly payment can result in a balloon payment due at maturity;the entire unpaid balance and any outstanding fees or charges will be due at that time. 

Loans are subject to credit and collateral approval. 

Contact a banking center nearest you for more information.