Monika Solone grew up in India and migrated to Chicago, United State in 1996. She began her career in the mortgage industry in 2003. She quickly proved herself in the workforce as a result-driven client advocate and hasn’t looked back since!
Monika joins us here at The Federal Savings Bank with over 20 years of industry knowledge and experience. Her clients include those purchasing a home, homeowners looking to refinance, developers and corporations. She prides herself on her ability to help all clients, no matter the situation or obstacles they may be facing. She helps developers obtain VA/FHA approval as well as PERS for their developments. Monika’s commitment, responsiveness and passion to get things right the first time set her apart from the competition. Monika is fluent in Gujarati and Hindi, as well!
Monika enjoys relaxing in her free time. She also relishes the opportunity to spend quality time with her 2 children and husband of 28 years, whenever she gets the chance.
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.



