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Reverse Mortgages
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Last Updated: 06/27/2025

The Federal Savings Bank Reverse Mortgage

in Reverse Mortgages from The Federal Savings Bank

Last Updated: 06/27/2025

The Federal Savings Bank Reverse Mortgage logo
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The Federal Savings Bank Reverse Mortgage Review

The Federal Savings Bank Reverse Mortgage is offered by The Federal Savings Bank (NMLS #411500), a bank founded in 2011 and based in Chicago, IL. The Federal Savings Bank Reverse Mortgage are available in 19 states.

Key Takeaways

  • Only primary residences are eligible. The Federal Savings Bank Reverse Mortgage does not offer reverse mortgages for vacation or investment properties.

The Federal Savings Bank Reverse Mortgage Pros & Cons

The Federal Savings Bank Reverse Mortgage FAQ

What fees does The Federal Savings Bank Reverse Mortgage charge for a reverse mortgage?

Origination fee: The Federal Savings Bank Reverse Mortgage may charge a fee .

What property types are eligible?

The Federal Savings Bank Reverse Mortgage offers reverse mortgages on the following types of properties:
  • Primary residence

Is The Federal Savings Bank a legit company?

The Federal Savings Bank was founded in 2011, it is a well-established company that has been in business for 15 years.
Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

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.

Contact

Headquarters

300 North Elizabeth Street,
Suite 3E
Chicago, IL 60607
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