Michael Damenti earned his bachelor’s degree in marketing from Northern Illinois University. Over 30 successful years in the IT industry, he focused on helping CIOs develop and execute their technology strategies. During that time, he developed a passion for real estate from buying and selling multiple houses and investment properties over the years. This passion brought him to the mortgage industry, joining The Federal Savings Bank in 2024 where he gets to apply that passion in helping others with the purchase of their home.
Whether it’s a primary residence, first home, investment or commercial property, Michael has the knowledge and skills to help his clients achieve their financial goals. His focus is on providing exceptional customer service and always putting the needs of his clients first and foremost. Throughout his extensive career, he has taken a genuine interest in his clients to understand what is most important to them, so they know his recommendations always have their best interests in mind.
Originally from Libertyville, Illinois, Michael met his wife, Julie, in college and feels incredibly fortunate to be married to her for the past 30 years. They have 3 amazing kids together who all live close to them. They currently split their time between Sarasota, Florida and Lakewood, Colorado to have the best of both worlds near the beach and mountains. In his free time, Michael enjoys physical fitness and outdoor activities. He has run multiple marathons and now loves trail running, hiking, skiing, golfing, and boating.
At The Federal Savings Bank, we’re deeply committed to turning homeownership dreams into reality. Our diverse loan portfolio, nationwide reach and in-depth understanding of local communities allows us to provide personalized service and solutions that help meet our clients’ needs. Ultimately, we strive to empower families to create a place called home.
Buying, building, or refinancing all starts with the click of a button. Our experts are here to get you what you deserve.
Consult your financial advisors and appropriate government agencies for any effect on taxes or government benefits. Calculator disclaimer: The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. Subject to credit approval. Terms and conditions may apply. Property insurance is required on all loans secured by property.
Consult your financial advisors and appropriate government agencies for any effect on taxes or government benefits. This calculator provides an estimate of your monthly mortgage payment based on general assumptions. It does not account for all loan types or features, such as fixed vs. adjustable rates, mortgage insurance (MI), or Federal Housing Administration (FHA)-specific MI. Actual terms may vary and should be confirmed with a lender.
Calculator disclaimer: The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The calculation is based off of a fixed rate conventional loan with no Mortgage Insurance. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. Subject to credit approval. Terms and conditions may apply. Property insurance is required on all loans secured by property.
Consult your financial advisors and appropriate government agencies for any effect on taxes or government benefits. Calculator disclaimer: The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. Subject to credit approval. Terms and conditions may apply. Subject to VA eligibility requirements. Property insurance is required on all loans secured by property.