Central Federal Savings and Loan Association Logo

Star ATM Locator 

   5953 W. Cermak Road
   Cicero, IL 60804 • 708.656.5000


   6940 W. Ogden Avenue
   Berwyn, IL 60402 • 708.222.2300

   La Grange Park
   1921 E. 31st Street
   La Grange Park, IL 60526 • 708.469.3250



Central Federal Loans

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

- Car Loans

- Secured Personal Loans

- Rates

- Request our Real Estate Newsletter

Mortgage Loans

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

Click here to download a Mortgage Application Checklist

One of our Mortgage Consultants can answer your questions and help you with pre-qualification information.

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
  • Fixed rate and adjustable rate loans
  • 60 day rate lock
  • No lock fee
  • Up to 30 year terms
  • Second mortgages available
  • Fast pre-approvals
  • Low closing costs
  • No mortgage insurance required with 20% down
  • Down payment assistance (when available) from FHLB
Home Equity Loans

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 75% of equity available
  • Interest may be tax-deductible (consult your tax advisor)
  • Fully amortizing payment loan plans
  • This program is not applicable for non owner-occupied properties
  Car Loans
  Be sure to check with us when you are looking for a new or used vehicle.

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
  Secured Personal Loans
  Central Federal will make a secured personal loan for just about any worthwhile purpose. It's fast and easy because your loan is secured by a regular savings account or a certificate of deposit.

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

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