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About

Fred is a Chicago native who graduated from Benedictine University, and The John Marshall Law School. During his time at Benedictine, he was the captain of the basketball and golf team, as well as held the title of Outstanding Senior in Political Science. Fred is also a member of the Illinois State Bar Association.

Prior to working at The Federal Savings Bank, Fred was a junior high math and physical education instructor for 11 years. In addition to teaching, he was also the football and basketball coach for the school. Fred later joined the mortgage industry, where he excelled as the Assistant Vice President of a small lending business for 5 years. With his experience of teaching, coaching, and his knowledge of the mortgage industry, Fred successfully communicates and educates his clients every step of the way; with exceptional commitment throughout the entire process.

Fred currently resides in Elk Grove, IL. He adores his daughter and enjoys spending time with family by hosting cookouts, coaching his daughter in softball, and spending time with her at their favorite spot: Door Country, Wisconsin. He is a die-hard Chicago Cubs fan who really enjoys golfing, and landscaping around his home.

ABOUT THE FEDERAL SAVINGS BANK

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.

What clients say about working with us

From beginning to end, Fred was amazing. Every step of the way, Fred was able to help my husband and I navigate the home-buying process. Fred also was extremely knowledgeable, and was able to guide us toward services that made this process smooth (ex. express closing). Fred was available any time we had questions and was able to run numbers for us when we had questions about monthly payments with different rates, down payments, and offers. We hope to stay in our new home for many years to come, but should we ever need to move, we will be working with The Federal Saving Bank to secure another mortgage.

Diane and Rob L.
April 2025

Big thank you to Mr. Fred Greif and his team for all the help & guidance throughout our loan process. Fred took the time to ensure the process went as smooth as possible. From the beginning of our journey they were very patient, knowledgeable and courteous. Not only did they ensure the process went as smooth as possible but they also went out of their way to make sure we got the best available loan at the lowest interest rate. I highly recommend Fred & his team!

Erica V.
October 2024

Fred and his team are fantastic! Fred would routinely check-in with me and was ready to go once it was time to refinance. He and his team are great at consistent communication, answering all of my questions easily and patiently, and being a solid resource for me.

Anna P.
September 2024

We had a fantastic experience with Fred and his team! They were professional, responsive, and made a complicated process easy for us. The “express loan commitment” is a great product and was pivotal in getting the home we wanted. We highly recommend Fred and team!

James L.
June 2024

Fred and his team were great to work with! The loan process was quick and simple and Fred’s communication and customer service were excellent. I truly felt that like Fred was “grinding it out” for me throughout the whole process. Best loan experience I have had and will highly recommend Fred to my family and friends.

James V.
April 2024

I’ll begin by saying that before coming to your bank, I had been through four other banks to attempt to close this complex loan. Each bank said they would be able to close and when it came to the closing process, each bank for some reason or another, was unable to close on my loan. It has taken almost two years and tons of paperwork and effort to get to where Fred & The Federal Savings Bank were able to get me today. At the end of the day, the real difference between closing on a complex loan and not closing on it, in my opinion, is the banker and his expertise on getting the client to understand the intricacies of the bank loan process and to guide the client to get both the client and the bank to a place where it’s a win-win. I couldn’t have done this without Fred, and I hope that the bank understands the level of effort and leadership it took to get this complex loan closed. Even though I am moving out of state, I expect to have a long banking relationship with Fred Greif. I’m looking forward to it.

Manny M.
March 2024

I have dealth with other mortgage bankers in the past, but Fred is different. He takes the time to get to know you, understand what your needs are and truly looks out for your best interests at all times. Whether purchasing a new home or refinancing, Fred invests whole-heartedly to make your experience comfortable, while educating you through the process. Fred and his team’s commitment to make it a smooth and successful experience are second to none.

Kelly P.
July 2023

It was so great to work with you! I was a first time homebuyer and you made the entire process as smooth as possible! You kept me updated throughout the process and were always readily available to answer any questions. I really appreciate everything you and your team did to make buying my home such a wonderful experience from start to finish!

Michelle U.
March 2023

My husband and I heard about Fred through our realtor. At the time we got in contact with him, we were looking for a more competitive quote than our original lender could offer. Fred was very knowledgeable and responsive from the get-go, so we decided to switch lenders and were very pleased we did. His communication was quick and clear throughout. Despite the fact that we were working with a very tight schedule, the process was extremely smooth overall. I would recommend Fred and his team because of their diligence and customer service.

Nora P.
December 2022

I have been a client of Fred’s for a number of years. He is my “go to” mortgage banker. Fred has assisted both in refinancing and new home purchases for my family. The rates are always very competitive, and you cannot beat Fred for his diligence in managing your loan thru the process. In all instances we have closed on time and without issue. I highly endorse and recommend Fred and his team for anyone looking to buy or refinance a mortgage.

Tom W.
April 2022
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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.

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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.

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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.

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