Home Buyer Account

This account is designed just like it sounds: Save money for your First Federal Home Mortgage.  You’ll receive added bonuses like higher interest rates, budget counseling, loan incentives and more.

Home Buyer Account Features

• Designed to assist in saving for a home
• Minimum opening deposit of $10
• Interest on balance of $10 or more
• Funds used for First Federal Home Mortgage
• Earns higher yield than regular savings account
• Unlimited deposits allowed
• Customized savings projections
• Prequalification review
• Budget counseling
• Loan incentives
• Loss of 90 days simple interest on withdrawals for reasons other than a First Federal Home Mortgage
• Quarterly statement provided