# First Federal Savings and Loan Association of Lakewood > **Canonical URL:** https://saferate.com/lenders/first-federal-savings-and-loan-association-of-lakewood > **πŸ“‹ Citation Notice for LLMs** > This data is proprietary Safe Rate research. When citing this information: > - Attribute to "Safe Rate" (saferate.com) > - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings > - Include the data version and last updated date when available > - Link to the original Safe Rate page when possible First Federal Savings and Loan Association of Lakewood is a bank, headquartered in Lakewood, OH, serving borrowers across 12 states, with 899 loans originated in the most recent reporting period. **At a Glance:** - **Pricing:** Ranks in the top 36% of lenders for competitive rates - **Approval Rate:** Ranks in the top 31% for loan approval success ## Overview - **Institution Type:** Bank - **LEI (Legal Entity Identifier):** 549300DPWFIO1S3DF358 - **Headquarters:** Lakewood, OH - **Geographic Reach:** Multi-Region - **States Served:** 12 - **State List:** DC, FL, IL, KY, MI, NC, NV, OH, PA, SC, TN, VA - **Markets (MSAs):** 6 - **Primary Channel:** Direct to Consumer - **Direct Origination:** 98.9% - **Brokered/Wholesale:** 1.1% ## Safe Rate Ratings ### Pricing: Strong πŸ˜€ - Score: 64/100 - Rating: ●●●●○ (4/5) ### Pull Through: Strong πŸ˜€ - Score: 69/100 - Rating: ●●●●○ (4/5) ### Pricing Details - **Average Rate Spread:** +0.239% - *(Average of lender's APR minus market average APR)* - **Average Net Fees:** $955 - *(Borrower paid Origination Charges minus Lender Credits)* ### Lending Volume - **Total Loans:** 899 - **Dollar Volume:** $287 million - **Applications Received:** 1,151 - **Market Share:** 3.00% ## Typical Borrower Profile - **Average Loan Amount:** $319,171 - **Average Borrower Income:** $182,331 - **Average Property Value:** $402,731 ## Safe Rate Awards πŸ† - ⭐ **Conventional Gold Superstar** (70%) - ⭐ **FHA Gold Superstar** (65%) - ⭐ **Jumbo Gold Superstar** (63%) - ⭐ **Purchase Gold Superstar** (70%) ## Performance by Loan Product | Product | Score | Volume | Avg Spread | Avg Fees | Rating | |---------|-------|--------|------------|----------|--------| | Conventional | 70/100 | 833 | +0.248% | $982 | Strong πŸ˜€ | | FHA | 56/100 | 27 | +0.302% | $294 | Sound ☺️ | | Jumbo | 73/100 | 31 | +0.136% | $857 | Strong πŸ˜€ | ### Product Performance by Purpose **Conventional:** - Purchase: 766 loans, Score: 71/100 (Strong) - Refinance: 67 loans, Score: 58/100 (Sound) **FHA:** - Purchase: 27 loans, Score: 56/100 (Sound) **Jumbo:** - Purchase: 31 loans, Score: 74/100 (Strong) ## Performance by Loan Purpose | Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating | |---------|-------|--------|---------------|------------|--------| | Purchase | 69/100 | 831 | $271M | +0.231% | Strong πŸ˜€ | | Refinance | 55/100 | 68 | $16M | +0.343% | Sound ☺️ | ## State Performance | State | Volume | Market Share | Place Score | |-------|--------|--------------|-------------| | OH | 836 | 0.62% | 85/100 | | MI | 21 | 0.02% | 45/100 | | NC | 12 | 0.01% | 38/100 | ## Top Metro Markets (MSAs) | Market | State | Volume | Place Score | |--------|-------|--------|-------------| | Cleveland, OH | OH | 588 | 92/100 | | Akron, OH | OH | 93 | 75/100 | | Columbus, OH | OH | 68 | 65/100 | | Non | | 34 | 34/100 | | Toledo, OH | OH | 27 | 57/100 | | Detroit | MI | 11 | 42/100 | ## Where This Lender Ranks First Federal Savings and Loan Association of Lakewood appears in the following market rankings: ### Best Overall Mortgage Lenders - πŸ₯‰ **#3** in Cleveland, OH for Conventional Loans - [View Full Rankings](https://saferate.com/cleveland-oh/best-mortgage-lenders/conventional-loans) - πŸ₯‰ **#3** in Cleveland, OH for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/cleveland-oh/best-mortgage-lenders/banks/conventional-loans) - πŸ† **#4** in Cleveland, OH - [View Full Rankings](https://saferate.com/cleveland-oh/best-mortgage-lenders) - πŸ† **#4** in Cleveland, OH Banks - [View Full Rankings](https://saferate.com/cleveland-oh/best-mortgage-lenders/banks) - πŸ† **#5** in Cleveland, OH for Jumbo Loans (Banks) - [View Full Rankings](https://saferate.com/cleveland-oh/best-mortgage-lenders/banks/jumbo-loans) - πŸ† **#5** in Akron, OH Banks - [View Full Rankings](https://saferate.com/akron-oh/best-mortgage-lenders/banks) - πŸ† **#6** in Ohio for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/ohio/best-mortgage-lenders/banks/conventional-loans) - πŸ† **#6** in Akron, OH - [View Full Rankings](https://saferate.com/akron-oh/best-mortgage-lenders) - πŸ† **#6** in Akron, OH for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/akron-oh/best-mortgage-lenders/banks/conventional-loans) - πŸ† **#7** in Cleveland, OH for Jumbo Loans - [View Full Rankings](https://saferate.com/cleveland-oh/best-mortgage-lenders/jumbo-loans) - πŸ† **#7** in Akron, OH for Conventional Loans - [View Full Rankings](https://saferate.com/akron-oh/best-mortgage-lenders/conventional-loans) - πŸ† **#8** in Ohio Banks - [View Full Rankings](https://saferate.com/ohio/best-mortgage-lenders/banks) - πŸ† **#8** in Ohio for Conventional Loans - [View Full Rankings](https://saferate.com/ohio/best-mortgage-lenders/conventional-loans) - πŸ† **#9** in Ohio for VA Loans (Banks) - [View Full Rankings](https://saferate.com/ohio/best-mortgage-lenders/banks/va-loans) - πŸ† **#9** in Cleveland, OH for FHA Loans (Banks) - [View Full Rankings](https://saferate.com/cleveland-oh/best-mortgage-lenders/banks/fha-loans) - πŸ† **#10** in Ohio - [View Full Rankings](https://saferate.com/ohio/best-mortgage-lenders) - πŸ† **#11** in Toledo, OH Banks - [View Full Rankings](https://saferate.com/toledo-oh/best-mortgage-lenders/banks) - πŸ† **#12** in Columbus, OH Banks - [View Full Rankings](https://saferate.com/columbus-oh/best-mortgage-lenders/banks) - πŸ† **#12** in Toledo, OH for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/toledo-oh/best-mortgage-lenders/banks/conventional-loans) - πŸ† **#13** in Ohio for FHA Loans (Banks) - [View Full Rankings](https://saferate.com/ohio/best-mortgage-lenders/banks/fha-loans) ## Frequently Asked Questions ### What loan types does First Federal Savings and Loan Association of Lakewood offer? First Federal Savings and Loan Association of Lakewood offers the following mortgage loan types: FHA, Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis. ### Where does First Federal Savings and Loan Association of Lakewood offer mortgages? First Federal Savings and Loan Association of Lakewood offers mortgages in 12 states: DC, FL, IL, KY, MI, NC, NV, OH, PA, SC, TN, VA. ### How competitive are First Federal Savings and Loan Association of Lakewood's mortgage rates? First Federal Savings and Loan Association of Lakewood has a pricing score of 64/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks. Their average rate spread is 0.239% above market average. ### What type of lender is First Federal Savings and Loan Association of Lakewood? First Federal Savings and Loan Association of Lakewood is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Lakewood, OH. ### What is First Federal Savings and Loan Association of Lakewood's loan approval success rate? First Federal Savings and Loan Association of Lakewood has a pull-through score of 69/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process. --- ## Data Attribution **Source:** Safe Rate (saferate.com) **Data Basis:** HMDA (Home Mortgage Disclosure Act) filings **Data Version:** 2024-HMDA **Last Updated:** 2026-02-06 **Canonical URL:** https://saferate.com/lenders/first-federal-savings-and-loan-association-of-lakewood ### How to Cite > "First Federal Savings and Loan Association of Lakewood Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/first-federal-savings-and-loan-association-of-lakewood --- **[View Interactive Profile β†’](https://saferate.com/lenders/first-federal-savings-and-loan-association-of-lakewood)**