Loans & Mortgages

Consumer Loans

First Federal has many types of personal loans that can be customized to fit your individual needs. You can use your loan for vacations, debt consolidation, furnishings, etc. For immediate reduced rate loans, you can borrow against your First Federal CD or savings account.

You can have that car, boat, motorcycle or RV right now for less than you might think. First Federal offers attractive rates and terms with speedy approvals. Loans are available for new and used vehicles.

Do you ever worry that your loan(s) wouldn't be paid in the event of a debilitating accident or death? Insurance can be purchased for this protection. Allow one of our knowledgeable loan officers to give you all the details.

Mortgage Loans

Since 1923, First Federal Savings Bank has taken great pride in making the dream of home ownership a reality for thousands of families like yours. Since no one type of mortgage is right for every homeowner, we offer you several different mortgage products. Each is designed to meet a specific home financing need and has unique features and benefits.

Some features of our conventional mortgage loans are:

• Fixed and adjustable rate financing options
• Speedy loan approval
• Rates locked in the day you apply

At First Federal, we offer the convenience of financing the construction of your home with only one real estate closing. Our Convertible loan has a full 12-month construction period and converts to a permanent loan upon home completion. The interest rate is locked in at application.

Now you can determine how much you can afford to buy before you go house hunting! With First Federal's exclusive HOMEExpress card, you have prior qualification on a range of home prices you can afford. (Actual loan approval will be based on full application process.) An added benefit - your interest rate is locked in for 30 days. With HOMEExpress, you can shop for a home with confidence.

Our competitive home equity line of credit provides you with access to the borrowing power that's right under your roof. You will have immediate access to your equity cash reserve via check, and you can use the funds for any need you have at any time. Our interest rates are very competitive and your interest may be tax deductible.*

*Consult a tax advisor about your particular situation.

First Federal Savings Bank offers government and secondary market loan options through our subsidiary, First Federal Mortgage Center. Its staff is comprised of skilled underwriters and processors with more than 60 years of combined experience in FHA and VA financing. The following loan options are available through First Federal Mortgage Center:

• VA, FHA, and RHS Loans
• Conventional Secondary Market
  • 15,20,25 and 30 Year Programs
  • Adjustable Rate Mortgages and Balloon Options
• Kentucky Housing Financing Options

You may qualify for one of the above-mentioned programs. Let one of our professional loan officers help you determine eligibility.