# First Federal Savings and Loan Association

> **Canonical URL:** https://saferate.com/lenders/first-federal-savings-and-loan-association


> **📋 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 is a bank, headquartered in Newark, OH, with 101 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 45% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 56% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 5493001MUHR5XU30WE58
- **Headquarters:** Newark, OH
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** OH
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 55/100
- Rating: ●●●○○ (3/5)

### Pull Through: Sound ☺️
- Score: 44/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.074%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,197
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 101
- **Dollar Volume:** $31 million
- **Applications Received:** 147
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $304,802
- **Average Borrower Income:** $153,475
- **Average Property Value:** $456,287

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 35/100 | 98 | +0.082% | $1,160 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 80 loans, Score: 35/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 35/100 | 82 | $24M | +0.122% | Acceptable 🙂 |
| Refinance | 34/100 | 19 | $7M | -0.139% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| OH | 101 | 0.07% | 68/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Columbus, OH | OH | 93 | 75/100 |

## Frequently Asked Questions

### What loan types does First Federal Savings and Loan Association offer?

First Federal Savings and Loan Association offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does First Federal Savings and Loan Association offer mortgages?

First Federal Savings and Loan Association offers mortgages in 1 states: OH.

### How competitive are First Federal Savings and Loan Association's mortgage rates?

First Federal Savings and Loan Association has a pricing score of 55/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.074% above market average.

### What type of lender is First Federal Savings and Loan Association?

First Federal Savings and Loan Association is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Newark, OH.

### What is First Federal Savings and Loan Association's loan approval success rate?

First Federal Savings and Loan Association has a pull-through score of 44/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## 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

### How to Cite

> "First Federal Savings and Loan Association Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/first-federal-savings-and-loan-association

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