Joe Boyd Photo

Joe Boyd

Sr. Vice President, HECM National Division


Joe was raised on a farm near Memphis, MO and has a B.S. Degree in Economics from the University of Missouri. Prior to joining the mortgage industry, he was General Manager and private pilot at Chicago Beechcraft for 10 years. In 2007, he was introduced to the concept of Home Equity Conversion Mortgages (HECM) and made the decision to specialize in these mortgages ever since.

Since joining the mortgage industry, he has conducted presentations at corporate events as well as educational webinars for a legal association, and is a recognized HECM expert with the Legal Assistance Foundation of Chicago. He also assists Banks, Home Builders, In-Home Care Advisors, Financial Advisors, CPAs, and Conventional Mortgage Brokers on HECM.

Being a senior himself, he relates to the concerns and financial challenges that many seniors are facing in retirement. Eliminating what is normally the largest expenditure from monthly budgets relieves stress. He feels that utilizing this financial tool in retirement planning can often be a good fit, and the goal is to educate the public through knowledgeable, trusted, ethical, and compassionate advisors.

Joe has been married to his wife for 45 years. They have two children and 5 grandchildren. Family values are very important to them, and attend many of the grandkids events. Both are active in their church where his wife is a long time member of the church’s Bell Choir. A favorite past time is playing cards and games with friends. He is an avid sports fan, and enjoys playing golf and fishing.


I am very fortunate that Joe Boyd was the agent for The Federal Savings Bank to guide me and prepare all the documents to successfully obtain a reverse mortgage. Reverse mortgages are a painful time, at least it has been for me, but Joe coached me and handled each phase of the “journey” through the mortgage trip.

Please let him know that I greatly admire his professionalism and calm demeanor. I was a real estate agent for ten years during the booming ‘70’s in Naperville, and know how difficult mortgage applications can be for everyone. I’m glad I went with The Federal Savings Bank.

- Bettye
I can speak for the good service and the personal attention that Joe Boyd has given my clients. I give him my recommendation as an excellent Reverse Mortgage Specialist.

- Donna
Thanks, Joe, for your usual detailed explanation. You have been absolutely amazing through all of this. I cannot thank you enough.

- Faith
Joe Boyd is truly a professional in the reverse mortgage arena. I referred a close relative to him and he was very empathetic and supportive. They felt very comfortable dealing with Joe. He is the only reverse mortgage specialist that I would refer my clients.

- Frank
Thank you so much for alerting me to Reverse Mortgage for one of my clients. Thank you for all your thoughtful and patient shepherding throughout the process. It’s always great to be working with you.

- Luise
Joe Boyd is an exceptional reverse mortgage specialist who has demonstrated outstanding service to those customers our bank has referred him. His patience and drive to assist those in need are two traits that set him apart from others in his field. I strongly recommend Joe to any Senior who is looking for a consummate professional.

- Mark
Thank you, Joe, for your service in obtaining a Reverse Mortgage for one of my clients. Before she was very nervous and negative about keeping her town-home and not sleeping well. Afterwards, she has been calm and has a positive outlook again. This would not have happened without your patience and guidance.

- Pat