Your key to home ownership

At Island, we know that the process of purchasing a home can be time-consuming and even somewhat overwhelming.

We are here to make sure that the home buying process is easy and simple for you. Whether you are a first-time home buyer or looking to refinance your current home, Island Federal has you covered. Our online application makes applying for a mortgage quick and easy.

*Apply online in just 10 minutes!

Home Mortgage

Current Rates & Financial Calculators

30 Year Fixed-Rate


15 Year Fixed-Rate


5 Year Adjustable-Rate


Exclusive Mortgage Products

Dream It. Achieve It.

Our “Dream It. Achieve It.” program offers a 100% loan to value conventional mortgage.

Heroes Mortgage

Our Heroes Mortgage program is designed to give back to those who serve.

Self Employed Borrowers

Island has an alternative financing option for self-employed borrowers too!

Cut-the-Cost Mortgage

Let Island Federal help pay your closing costs to free up funds.

Other Mortgage Programs Available

  • First Home Club Program
  • Jumbo Mortgage
  • FHA & VA Mortgages

To Apply

To apply for an Island mortgage to purchase a new property or to refinance a current one:

Visit one of our Home Lending locations:

Island Federal Hauppauge
120 Motor Parkway
Hauppauge, NY 11788

Island Federal East Setauket
430 Route 25A
East Setauket, NY 11733

Speak to a Home Lending Representative

If you don’t think you’re ready to apply or have questions about the home-buying process, you can schedule a call with one of our home-lending representatives. They can help you navigate the application process and answer any questions you may have.

Other Financial Calculators

Questions or Comments

For questions or comments please feel free to reach out to us!

  • Contact the Home Lending Department by calling 631-851-1100 ext. 1347
  • Email us at [email protected]

Island Federal Webinar: Purchasing a Home in Today's Market

Disclaimer: Island Federal makes every effort to ensure that the information posted is current and accurate; however, we make no warranties of any kind, expressed or implied. Membership eligibility applies.