Today’s Loan Rates
As of October 20, 2026
Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.
Lancaster and Pickerington 800-650-0987. Mortgage Loans in Fairfield, Franklin, Licking and Pickaway Counties.
Home loans
We lend up to 90% of appraised value, normally not to exceed 100% of purchase price; 10% down payment normally required. No application fee. Estimated closing costs $1,000 plus appraisal fee, wire fee, flood certification, credit report and title charges*. Construction Loan Inspection Fee $400.00.
Based on a loan of $100,000. Principal and interest payment only. Taxes and insurance not included. Your monthly obligation may be higher.
| Program | Rate | APR | Payment | Term |
|---|---|---|---|---|
| 15 Year Fixed Rate | 7.000% | 7.221% | $898.83 | 180 months |
| 30 Year Fixed Rate | 7.250% | 7.389% | $682.18 | 360 months |
| 30 Year 5/1 ARM Introductory rate for 5 years, then a variable rate of at least 4.99% for 25 years. The Annual Percentage Rate may increase after the loan is closed. No application fee. Estimated closing costs $1,000 plus appraisal fee, wire fee, flood certification, credit report and title charges*. Construction ARM loan not available. | 6.625% | 7.274% | $640.31 | for 60 monthsthen 300 payments of at least $692.76 |
Home equity loans
No application fee. Estimated closing costs $308. Maximum loan amount is $100,000; minimum loan amount is $15,000.
| Program | Rate | APR | Payment | Term |
|---|---|---|---|---|
| 15 Year Fixed Rate Home Equity Loan | 7.875% | 7.913% | $474.22 | for 180 monthsPayment and APR estimates are based on a loan amount of $50,000 |
Home equity lines of credit
No application fee. Estimated closing costs $276 plus appraisal fee if applicable. For Home Equity Lines of Credit over $100,000.00 additional fees may apply.
| Program | Rate | APR |
|---|---|---|
| Adjustable Rate Home Equity Line of Credit | 7.000% | 7.000%APR is based only on rate and not fees |
1–4 family residential rental property loans
We lend up to 85% of the purchase price or appraised value whichever is lower. No application fee. Estimated closing costs 1.0% of loan amount (minimum $1,000.00) plus appraisal fee, flood certification, wire fee, credit report and title charges*.
| Program | Rate |
|---|---|
| 25 Year Fixed | 7.500% |
| 30 Year 1/1 ARMThe Interest Rate may increase after the first change date. | 6.250% |
| 30 Year 5/1 ARMThe Interest Rate may increase after the first change date. | 7.000% |
Large multi-family and commercial real estate loans
Closing costs, interest rates, repayment and other terms are customized for each loan. No application fee.
| Program | Rates and terms |
|---|---|
| 20 Year Fixed 25 Year 1/1 ARM 25 Year 5/1 ARM |
Call us for details about rates and terms. |
Vacant land loans
We lend up to 65% of the purchase price or appraised value whichever is lower. Maximum loan $100,000. No application fee. Estimated closing costs $1,000.00, plus appraisal fee, wire fee, credit report and title charges*. The Annual Percentage Rate may increase after the loan is closed.
| Program | Rate | APR | Payment | Term |
|---|---|---|---|---|
| 10 Year 1/1 ARM | 6.250% | 8.249% | $1,122.80 | for 12 monthsthen 108 payments of at least $1,217.12 |
Loan terms and disclosures
All of our loan terms are
SUBJECT TO CHANGE AT ANY TIME.
The above payment amounts are estimates based on a loan amount of $100,000. Your APR and payment will vary based on your final loan amount and finance charges.
Lender NMLS#: 402612
Loans of more than $1,000,000 require prior approval by our Board of Directors.
*Appraisal Fee, Wire Fee, Flood Certification, Credit Report and Title Charges: Appraisal fee is typically $500 or less. Wire fee is typically $20.00.
Flood Certification is typically $15.00. Credit report is typically $48.00. Title charges are based on type of loan and loan amount.
They include, but are not limited to, closing fee, title examination, commitment fee, delivery fee and title insurance.
We do not require Private Mortgage Insurance and do not escrow for real estate taxes or home insurance.
On Commercial Real Estate and Large Multi-Family Residential Loans, an outside appraisal is required.
Payment must be received before appraisal is ordered.
“Discount Points” (or “buy downs”) are 1 point (1%) for each 0.250% rate reduction for Home Loans. Max .50% Interest Rate Reduction.
“Discount Points” (or “buy down”) are not available for Promotional Rates.
We offer a 360-day rate lock on fixed-rate home loans for the purchase of homes that are to be constructed according to a construction-purchase contract, and purchased from a builder. This rate lock commitment begins from the date of application. We do not charge a fee for this service.
For all other fixed-rate home loans, we lock the interest rate for 60 days from the date of application. We do not charge a fee for this service.
The borrower may receive a reduction of 1/8th% (0.125%) on the interest rate on any new loan for having the payment
automatically deducted from the borrower’s checking account at Fairfield Federal.
County Recording, Credit Report and Flood Determination fees apply to all loans.
ARM home loans have a margin of 3%. ARM rental, commercial and land loans have a margin of 4%.
All ARM loans have a first rate change cap of 2%, an annual cap of 2%, a life-of-loan cap of 6%, and a floor rate of 4.99%.
The annual percentage rate may increase after the loan closes.
The current 1 year Treasury index for ARM loans is 4.490%.
The interest rate for Adjustable Rate HELOCs is variable based on the Prime Rate.
The minimum rate is 4.00% and maximum rate is 18%.
After the first year there is an annual participation fee of $50.00.
Minimum loan amount is $15,000.00.
Your APR will vary based on your final loan
amount and finance charges.
This is SUMMARY INFORMATION about our interest rates and closing costs which we intend to be used by
Realtors and builders.
All of our loan terms are
SUBJECT TO CHANGE AT ANY TIME.
Lender NMLS#: 402612