The Federal Savings Bank (TFSB) is a veteran-owned, federally chartered bank with a focus on educating our customers about the mortgage process. To ensure we provide the highest quality mortgage experience, we start with understanding the needs of our customers. With our high standards for customer satisfaction, employee professionalism, and the ability to lend across all 50 states, we provide the opportunity for homeownership to both owner occupants and investors.
Investor friendly direct lender – Fannie Mae, Freddie Mac & Ginnie Mae.
No FICO min
15% down option available for 1-unit purchase
In-house underwriting and closing
Fast closing – 30 days or less
24 hr scenario review with underwriting
Pre-underwrite loan with address as TBD
Up to 10 conventional per individual
Rental income credit (no seasoning)
Conventional and Jumbo loans
Non-Agency/Portfolio loans – 30 yr fixed – 1-4 units
No limit on number of financed properties.
Can title in LLC/S-Corp/C-Corp/etc.
Condo/Co-op loans, including non-warrantable Condo & Condo-tel