Central Federal is ready to help finance the things that make your life better. Whether it be a home, an investment property, a car, various home improvement projects or personal loans for just about any purpose.

• Competitive Interest Rates
• Low Closing Costs
• Exceptional Customer Service

- Mortgage Loans

- Home Equity Loans

- Home Equity Line of Credit

- Car Loans

- Secured Personal Loans

- Rates

Choose from a variety of low rate, low cost mortgage loans to best suit your needs - including fixed, balloon and adjustable rate loans.

We provide excellent customer service because loan decisions and servicing are handled locally - by people who know and understand the needs of our community.

• 1 to 4 family residential – owner-occupied & investment
  
• Single family, townhomes & condominiums
  
• Multi-unit investment properties
  
• New construction financing
  
• Fixed rate and adjustable rate loans
  
• 60 day rate lock
  
• No lock fee
  
• Up to 30 year terms
  
• Balloon loans
  
• Second mortgages available
  
• Fast pre-approvals
  
• Low closing costs
  
• No documentation fee
  
• No mortgage insurance required with 20% down
  
• Participating IHDA programs
  
• Down payment assistance (when available) from FHLB

A home equity loan is the perfect choice when you need to consolidate debt, buy a new vehicle, pay tuition, take a vacation, or just about anything else!

The loan amount is specific and the repayment schedule is fixed (up to
15 years).

• Fixed rate
  
• Fixed term for up to 180 months
  
• Fixed monthly payment
  
• Up to 80% of equity available
• Interest may be tax-deductible (consult your tax advisor)
• Fully amortizing and balloon payment loan plans

Need flexible payment terms? A line of credit gives you easy access to your funds and flexible payment terms. Plus, as you repay the outstanding loan balance, the amount of funds available increases.

• Variable rate based on prime rate
  
• Interest only monthly payments required
  
• No principal payment due until loan maturity
  
• Can repay principal anytime without penalty
  
• 10 year loan term
  
• No annual fee
  
• Up to 80% of equity available
  
• Apply once - have credit line available whenever you need it
  
• Just write a check to use your credit line
  
• Minimal loan draw
• No cancellation fee
• Interest may be tax-deductible (consult your tax advisor).

One of our loan officers can help you make the right financing choice before you buy.

• New car loans for up to 60 months
  
• Used car loans for up to 48 months
  
• Low rates

See one of our loan officers to discuss rates and terms.