Mortgage Loans

 Disclaimer: This content may include information about products, features, and/or services that The Federal Savings Bank does not provide and is intended to be educational in nature.  Numerous factors go into determining a borrower’s eligibility for a mortgage. You may be familiar with the

One of many factors involved in the review of a mortgage application is the loan-to-value (LTV) ratio. Lenders will look at this ratio as one of the determinants for how much money they are willing to lend you, or if

The home buying process is full of discrete steps with significant consequences. One such step that you’ll come across later in the process is the home appraisal. Though the result of an appraisal is not necessarily make or break for your home purchase, it is generally

Homebuying can be competitive. Just when you think you’ve found your dream home, another buyer swoops in to take it away. It happens, and that’s why buyers often look for ways to stand out to sellers. That’s where earnest money deposits can come in.  

As the famous naturalist John Muir once wrote, “The mountains are calling and I must go.” With summer in the rear-view and fall upon us, you may be hearing those calls, too. Maybe they’re tilting your eyes toward a cozy cabin by the mountains

Mortgage interest rates are often one of the most important factors at play when considering buying a home. The interest rate determines how much you will pay back in addition to the principal loan amount. Since that initial loan is generally a considerable amount of money, it only takes a fraction of a