Mortgages

Second Federal Savings and Loan has offered home mortgage loans to the community for more than 127 years. The Institution strives to meet the credit needs of the families that live in the community. Second Federal has a long history of providing home mortgage loans throughout the greater Chicago Metropolitan Area.

We do our best to make the home buying process easy so visit us today and let us help you down the road to your dream home. Your home buying experience at Second Federal will be effortless and we have a number of different types of loans to meet your needs.

Qualifying properties in the Greater Chicago Metropolitan Area only

Loan Products:

Fixed Rate Loans:

• 15 Year Fixed Rate Loan: Loan-to-value up to 90%*, Owner Occupied Properties only
• 20 Year Fixed Rate Loan: Loan-to-value up to 90%*, Owner Occupied properties only
• 30 Year Fixed Rate Loan: Loan-to-value up to 90%*, Owner Occupied properties only

Adjustable Rate Loans:

• Adjustable Rate Loan: Loan-to-value up to 95%*, 15, 20, 30 and 40 Year terms
• Balloon Loan: Loan-to-value up to 80%*, Available for investment property and mixed use properties

* May Require Private Mortgage Insurance for LTV over 80%

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