Advertiser Disclosure

The Federal Savings Bank Home Mortgage

in Home Purchase Mortgages from The Federal Savings Bank · NMLS ID #411500

Unaffiliated

The Federal Savings Bank Home Mortgage

Unaffiliated

in Home Purchase Mortgages from The Federal Savings Bank · NMLS ID #411500

Net Recommendation Score -33%

1 user recommends

0 users are unsure

2 users don't recommend

Browse Reviews: 1 Recommendations | 2 Complaints

Highlights
Community Rating	Rating not yet determined
Loan Amount	Up to $3,000,000
Loan Term (Years)	N/A

The Federal Savings Bank Home Mortgage Review

The Federal Savings Bank Home Mortgage is offered by The Federal Savings Bank (NMLS #411500), a bank founded in 2011 and based in Chicago, IL. The Federal Savings Bank Home Mortgage is available in 50 states (and Washington, DC).

The Federal Savings Bank Home Mortgage FAQ

How much can you borrow via The Federal Savings Bank Home Mortgage?

The Federal Savings Bank Home Mortgage allows borrowers to apply for loan amounts of up to $3,000,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the lender you choose.

What range of rates does The Federal Savings Bank Home Mortgage offer?

The Federal Savings Bank Home Mortgage offers home loans with APRs starting at 4% .

Does The Federal Savings Bank Home Mortgage charge a mortgage origination fee?

Yes, The Federal Savings Bank Home Mortgage may charge a loan origination fee.

What mortgage programs does The Federal Savings Bank Home Mortgage offer?

The Federal Savings Bank Home Mortgage offers the following mortgage types:

Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.

What property usage types does The Federal Savings Bank Home Mortgage allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. The Federal Savings Bank Home Mortgage allows the following property usage types:

Primary home

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.