Our Sales Team

Joining The Federal Savings Bank sales team means gaining access to un-paralleled services including but not limited to:

  • Latest Technology
  • Comprehensive loan programs: Jumbo, Super Jumbo, Agency, FHA, VA, USDA, Condo, HECM, Construction
  • Home Equity Conversion Mortgage (HECM) - The 'New' Reverse Mortgage
  • Asset Based Lending Programs
  • Security Based Lending Programs
  • Portfolio Lending Options
  • Credit Restoration Services for Borrowers
  • Continued Training and Education Classes
  • In-house Operations and Processing
  • Full Service Marketing Department

Please read on to learn what sets us apart from the rest of the industry. Ready to take your business to the next level? Click here to view a list of the career opportunities nationwide.

Our Process

With the entire mortgage process completed in-house, you will get to know your full team, and help keep your clients completely in the loop on exactly where their loan stands in the mortgage process.

Loan Manufacturing Process


Imagine having your own Marketing Team to catapult your business. Work one-on-one with a member of the team to create original pieces that help market you and the bank!

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Our mission is simple: Make technology an asset to you, not an obstacle. At The Federal Savings Bank, our platform not only makes it possible for you to have real time full access to everything you need to do your job, but our relentless drive to create technological efficiencies in our processes make it easier and more rewarding to advance your career.

Information Security:

Protecting customers’ personal information is a top priority for The Federal Savings Bank. Our in-house Information Security Officer and information security team regularly update our Bank’s security procedures and policies resulting in a secure paperless environment for your sales team to conduct business. To aid in these efforts, The Federal Savings Bank provides a company-issued laptop to all Retail Mortgage Bankers.

Access Exclusive Programs

Our loan officers can always find a program to satisfy the unique needs of clients and referral sources at great rates. Loan officers are free to use our in-house underwriting and all correspondent lenders for conventional, jumbo or government programs. For unique products and situations they have the option of using one of our many portfolio lenders. In addition to the many banks we do business with, we also sell directly to Fannie Mae and Freddie Mac.

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Conforming Options
  • 20 correspondent lenders available
  • 97% financing available with PMI & condos (first-time buyers only)
  • Direct Lender with Fannie/Freddie, Fixed & ARMS
  • Locks available without a secured property
  • DU Refi Plus and Freddie Mac Open Access programs
  • The bank warrants all condos & co-ops through internal condo departments
  • Condo 51% CPM Approval / PERS Available
  • Purchases on properties owned < 90 days with unlimited increase in sales price with Fannie/Freddie
  • FHA streamline with no appraisal
  • 10 correspondent lenders available
  • FHA High Balance available
  • In-house condo approvals
  • 203K
  • 10 correspondent lenders available for VA
  • 2 correspondent lenders available for USDA
  • IRRRLs available
  • VA Jumbo
Jumbo Options
  • 12 correspondent lenders available
  • 6 wholesale lenders available
  • Non-warrantable condos up to $1,000,000 correspondent / $3,000,000 broker
  • In-house delegation to $3,000,000
  • Foreign national programs
  • 50% DTI
  • ARM interest only available
  • Non-QM products available
* Current as of 2/12/15
Home Equity Conversion Mortgage (HECM) – Retirement Age Loan
  • Multiple Investors Available – More Flexibility
  • 2 Proprietary Jumbo Programs - Non-FHA above $679,650 Limits
  • Originate, Process, Underwrite, and Close In-House – Ultimate Control!
  • Industry leading Compensation Plan
  • Best in Class Marketing Programs - Materials, Referral Source Presentations, Support
  • World Class HECM Training and Support Platform
  • Banker Internal HECM Referrals Nationwide
Portfolio Loans
  • Asset Based, Fannie / Freddie Direct
  • Multi Family
  • Near Miss Jumbo Fannie / Freddie
  • Non-Warrantable Condos
Construction Loans

At The Federal Savings Bank, we make the home buying process easy by listening to our customers’ needs. That is why we offer one time closing and closing costs with our construction loans. We also have long term lock options up to 180-270 days, conforming loan amounts up to $453,100.00, and 5% Down Payment (95% of the appraised value).

Foreign Nationals

Our Foreign Nationals programs offer loan amounts from $300,000 to $3 million (higher loans considered on case by case basis). Eligible properties include: non warrantable Condo’s and Cooperatives, Condo Hotels = 33% presale, 50% owner occupied, high commercial percentages are acceptable.

Second Mortgages
  • 80/10/10
  • Fixed & HELOC available

Transitioning and Onboarding

The Federal Savings Bank has onboarding processes in place to ensure that you are up and running right on Day One. Dedicated team members from Technology, Marketing, and Training will give you the tools you need to seamlessly continue to generate new business with¬out missing a beat.

Manage a team or an office? Not a problem. We have successfully transitioned teams of 5 to over 75 bankers at a time. We will work with the office manager/business owner to make sure that all key items are in place - computers, phone, internet, and office signage, all while transitioning each individual team member.

Easy Transitioning and Onboarding – Let Us Do the Work!

The Onboarding Manager is essential to your successful and seamless transition to our Bank, and serves as your liaison with all of The Federal Savings Bank.

  • Coordinates with IT to ensure all necessary equipment is provided to you
  • Coordinates with Marketing to set up your Marketing Expense Account
  • Creates your website, business cards, flyers, and moving announcements
  • Assists you with any additional requests or questions

The Transition Coordinator helps you understand our loan manufacturing process and guides you through your transition every step of the way. During your first 90 days with our Bank, the Transition Coordinator(s) will serve as an acting shared Mortgage Banker Assistant and help with the following:

  • Initial set up and NMLS transfer
  • Assists with Encompass and Pre Approvals
  • Prepares applications and disclosures for signing
  • Loan guidelines, borrower qualification, and structuring of loan financing.
  • Assists in pipeline management and works with Processing, Underwriting, and Closing teams to get loans closed in a timely manner
  • Provides introductions to key leadership and support personnel
  • Training Certifications met: FHA,203K, VA and DPA Programs, and Lock and Shop
  • Coordinates desk setup, phone, and laptop configured with apps needed (Encompass, email, etc.)
  • Rate plan pricing

Our Commitment to Those Who Served

As one of the fastest growing and most successful banks in the nation, our secret to success is simple; the character and quality of our professional team. We are seeking highly motivated, disciplined, skilled military officers of great integrity who desire an extraordinary civilian career.

The Federal Savings Bank training department will build on previous leadership experience, further develop professional skills, and prepare our Bankers for a rewarding and successful career in the mortgage industry.

Ideal candidates will possess the following:

  • Honorable discharge
  • Superb problem solving skills
  • Outstanding relationship building skills
  • Strong organizational skills
  • Excellent communication skills
  • Daily sense of urgency
  • Superior work ethic and sense of mission
  • Motivation to succeed in a team environment
  • Impeccable character

If you have what it takes to be a top performing mortgage banker, please email recruiting@thefederalsavingsbank.com.

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Giving Customers the Retirement They’ve Earned

We are looking for mortgage bankers to specialize in the Home Equity Conversion Mortgage (HECM) Program with The Federal Savings Bank.

Bankers will introduce the Home Equity Conversion Mortgage (HECM) as a financial solution that may help eliminate financial concerns for retirement age homeowners.

For customers 62 years of age or older and have equity in their home, a Home Equity Conversion Mortgage (HECM) may turn that equity into cash which they can use any way they want.

If you have what it takes to be a professional mortgage banker with the Home Equity Conversion Mortgage (HECM) and The Federal Savings Bank, please email recruiting@thefederalsavingsbank.com.

Spousal Patriot Division Logo

Our Commitment to Those Who Serve and their Families:

The Federal Savings Bank is a Veteran owned and operated Federally Chartered Bank with a mission to help maximize home ownership in America. As one of the fastest growing and most successful banks in the nation, our secret to success is simple; the character and quality of our professional team.

We are seeking highly motivated, disciplined military spouses of great integrity who desire an extraordinary career of their own while serving their military spouse, serving our country. The Federal Savings Bank has developed the Spousal Patriot Division for spouses of active duty military personnel where the primary objective is to become Bankers.

Our first class training team will build on any existing leadership experience, further develop professional skills, and prepare this group of freshly minted Professional Bankers for a rewarding and successful career in the banking industry. If you have what it takes to be a top performing Banker, please email SPD@thefederalsavingsbank.com