The Federal Savings Bank is proud of our active duty service members and veterans. We pride ourselves on educating our customers about the mortgage process and providing opportunity for home ownership. We offer VA financing with top benefits to our military personnel.

$0 down payment
Flexible qualifications
Lower rates, lower payments
Streamline refinance program requires no appraisal
No closing costs
VA loan limits up to $1,500,000
Your benefits can be used multiple times

You’ve given time, served your country, and protected its dreams. Let us do the same for you.

Advantages of VA Home Loans

Lifetime Benefit
- Veterans can use their VA Entitlement more than once to purchase or refinance properties.
0% Down - No Mortgage Insurance
- Traditional loans typically require a buyer to provide at least 3 to 5 percent of the homes price as a down payment and with today's stricter underwriting environment that down payment can reach 15 or 20 percent. For many first-time home buyers, supplying this amount of money upfront may not be feasible. The VA Loan is one of the few programs in the country that does not require a down payment. Maximum loan amount with no down payment capped at $417,000. NO MORTGAGE INSURANCE REQUIRED
Non-Conforming Loans (Jumbo) - Loans up to $1.5M
- Veterans can borrow up to $1,500,000 with a minimum down payment. NO MORTGAGE INSURANCE REQUIRED
Refinancing from Conventional to a VA loan
- VA Allows up to 100% cash-out refinancing for currently owned home.
VA Streamline Refinance (IRRRL Program)
- Veterans with current VA mortgage can refinance to a lower rate without appraisal or employment verification.

At the Federal Savings Bank, we do underwriting in house and fund loans with our own money. NO 3rd party dependency. So we control the process and get you to closing on time as promised.

I am always happy to speak with you to discuss your mortgage needs. Look forward to having the opportunity to serve you.

Upen Patel

Mortgage Banker, VA Loan Specialist

web: www.thefederalsavingsbank.com/upenpatel

The Federal Savings Bank

cell: (571) 331-5161

email: [email protected]

National Lender, Federal NMLS# 1374243

Upen Patel

[email protected]

(571) 331-5161

Offering