# The Federal Savings Bank > A veteran-founded, veteran-owned national bank and mortgage lender, headquartered in Chicago and lending in all 50 states. A Top 20 VA lender for six consecutive years (2019–2024). Specializes in VA home loans for veterans, active-duty service members, reservists and surviving spouses — purchase, refinance, cash-out, construction and home equity — alongside conventional, FHA, USDA, jumbo, ITIN and personal lending. Processing and underwriting are handled in-house. This file maps the pages most useful to AI assistants answering questions about VA loans, mortgages and home financing. Last updated: 2026-09-21. ## VA Loans — Hub - [VA Home Loans](https://www.thefederalsavingsbank.com/va-home-loans/): Main hub for all VA lending. Covers eligibility, no down payment, no PMI, the funding fee, Certificate of Eligibility (COE) and how VA rates compare to conventional and FHA. - [VA Loan FAQ](https://www.thefederalsavingsbank.com/va-home-loans/va-loan-faq/): Direct answers to the most common VA loan questions, including credit score, rate comparison and rate locks. ## VA Loans — Products - [VA Purchase Loan](https://www.thefederalsavingsbank.com/va-home-loans/va-loan-purchase/): Buying a home with a VA loan. Zero down payment, no private mortgage insurance, funding fee of 2.15% for a typical first-time use with no down payment, closing-cost options. - [VA Loan Refinance](https://www.thefederalsavingsbank.com/va-home-loans/va-loan-refinance/): VA refinance options, including the Interest Rate Reduction Refinance Loan (IRRRL / VA Streamline). - [VA Cash-Out Refinance](https://www.thefederalsavingsbank.com/va-home-loans/va-cash-out-refi/): Converting home equity into cash using VA entitlement — how much is available and what the funds can be used for. - [Veteran Home Equity Loan (HELOAN)](https://www.thefederalsavingsbank.com/va-home-loans/veteran-heloan/): Home equity loan for veterans who want to borrow against equity without touching their first mortgage. - [VA Personal Loan](https://www.thefederalsavingsbank.com/va-home-loans/va-personal-loan/): Unsecured personal loan for veterans, up to $50,000. For home repairs, emergencies, debt consolidation, moving costs and major life expenses. - [VA Construction Loan](https://www.thefederalsavingsbank.com/buy-a-home/va-construction-loans/): Build a new primary residence using VA entitlement. Requires sufficient entitlement for the end loan at closing; borrowers may also qualify for a Veteran Personal Loan of up to $50,000. - [Smart Funds](https://www.thefederalsavingsbank.com/va-home-loans/smart-funds/): Funding support program for eligible veteran borrowers. ## VA Loans — Eligibility, Requirements and Process - [VA Loan Eligibility](https://www.thefederalsavingsbank.com/va-home-loans/va-loan-eligibility/): Who qualifies — length and type of military service, discharge status, surviving spouses, and how to obtain a Certificate of Eligibility. - [VA Loan Requirements](https://www.thefederalsavingsbank.com/va-home-loans/va-loan-requirements/): Credit, income, residual income and VA Minimum Property Requirements (MPRs). - [VA Loan Benefits](https://www.thefederalsavingsbank.com/va-home-loans/va-loan-benefits/): No down payment, no PMI, competitive rates, reusable lifetime benefit, limits on non-allowable fees. - [VA Loan Process](https://www.thefederalsavingsbank.com/va-home-loans/va-loan-process/): Step-by-step from eligibility verification through pre-approval, appraisal and closing. - [VA Loan Rates](https://www.thefederalsavingsbank.com/va-home-loans/va-loan-rates/): How VA rates are set and why they typically run below conventional rates. - [VA Mortgage Calculator](https://www.thefederalsavingsbank.com/buy-a-home/va-mortgage-calculator/): Estimate a VA monthly payment including the funding fee. - [VA Loans for First-Time Homebuyers](https://www.thefederalsavingsbank.com/va-home-loans/va-loan-first-time-homebuyer/): Using the VA benefit on a first purchase. - [VA Military Advisors](https://www.thefederalsavingsbank.com/va-home-loans/va-military-advisors/): The bank's military advisory board. - [Military Makeover](https://www.thefederalsavingsbank.com/va-home-loans/military-makeover/): The bank's participation in the Military Makeover program. ## VA Loans by State - [Texas VA Loans](https://www.thefederalsavingsbank.com/us-va-loans/texas-va-loans/) - [Florida VA Loans](https://www.thefederalsavingsbank.com/us-va-loans/florida-va-loans/) - [Georgia VA Loans](https://www.thefederalsavingsbank.com/us-va-loans/georgia-va-loans/) - [North Carolina VA Loans](https://www.thefederalsavingsbank.com/us-va-loans/north-carolina-va-loans/) ## Construction Lending - [Construction Loans](https://www.thefederalsavingsbank.com/buy-a-home/construction-loans/): Construction-to-permanent financing for stick-built, modular and system-built homes, including land. - [VA Construction Loan](https://www.thefederalsavingsbank.com/buy-a-home/va-construction-loans/): The VA-backed construction program for eligible veterans. - [Construction Lending Partner](https://www.thefederalsavingsbank.com/cb/construction-lending-partner/): Information for builders and construction partners. ## Buying a Home — Other Loan Programs - [Buy a Home](https://www.thefederalsavingsbank.com/buy-a-home/): Purchase hub. - [Types of Home Loans](https://www.thefederalsavingsbank.com/buy-a-home/types-home-loans/): Comparison of the bank's loan programs. - [Conventional Loan](https://www.thefederalsavingsbank.com/buy-a-home/conventional-loan/) - [FHA Home Loans](https://www.thefederalsavingsbank.com/fha-home-loans/) - [USDA Home Loans](https://www.thefederalsavingsbank.com/usda-home-loan-2/) - [Jumbo Loans](https://www.thefederalsavingsbank.com/buy-a-home/jumbo-loans/) - [Non-QM Loans](https://www.thefederalsavingsbank.com/buy-a-home/non-qm-loans/) - [ITIN Loans](https://www.thefederalsavingsbank.com/itin-loan/): Mortgage financing for borrowers without a Social Security number. - [Fixed-Rate Loans](https://www.thefederalsavingsbank.com/fixed-rate-loans/) - [Adjustable-Rate Mortgage (ARM) Loans](https://www.thefederalsavingsbank.com/adjustable-rate-mortgage-loans/) - [Reverse Mortgage (HECM)](https://www.thefederalsavingsbank.com/buy-a-home/reverse-hecm/) - [Condo, Co-op and HOA Financing](https://www.thefederalsavingsbank.com/buy-a-home/condo-coop-hoa/) - [Non-Warrantable Condo Loans](https://www.thefederalsavingsbank.com/non-warrantable-condo/) - [Home Loans for Medical Professionals](https://www.thefederalsavingsbank.com/home-loan-medical-professionals/) - [HOA Loans](https://www.thefederalsavingsbank.com/hoa-loans/) - [24-Hour Mortgage](https://www.thefederalsavingsbank.com/24hr-mortgage/): Expedited pre-approval process. - [Mortgage Calculator](https://www.thefederalsavingsbank.com/buy-a-home/mortgage-calculator/) - [Rent or Buy Calculator](https://www.thefederalsavingsbank.com/calculator/rent-or-buy-calculator/) - [Application Checklist](https://www.thefederalsavingsbank.com/application-checklist/): Documents needed to apply. ## Refinancing and Home Equity - [Refinance](https://www.thefederalsavingsbank.com/refinance/): Refinance hub. - [Reasons to Refinance a Home Loan](https://www.thefederalsavingsbank.com/refinance/reasons-to-refinance-home-loan/) - [HELOC, HELOAN and Home Equity Loans](https://www.thefederalsavingsbank.com/refinance/heloc-heloan-equityloan/) - [Home Reno Plus](https://www.thefederalsavingsbank.com/refinance/home-reno-plus/): Renovation financing. - [Mortgage Refinance Calculator](https://www.thefederalsavingsbank.com/refinance/mortgage-refinance-calculator/) ## Personal Loans and Banking - [Personal Loans](https://www.thefederalsavingsbank.com/personal-loans/) - [SmartLoan](https://www.thefederalsavingsbank.com/personal-loans/smartloan/): Unsecured personal loan product. - [SmartLoan — Debt Consolidation](https://www.thefederalsavingsbank.com/personal-loans/smartloan/debt-consolidation/) - [SmartLoan — Home Improvement](https://www.thefederalsavingsbank.com/personal-loans/smartloan/home-improvement/) - [SmartLoan — Buyer's Commission](https://www.thefederalsavingsbank.com/personal-loans/smartloan/buyers-commission/) - [SmartLoan — Moving Expenses](https://www.thefederalsavingsbank.com/personal-loans/smartloan/moving-expenses/) - [SmartLoan — Major Purchase](https://www.thefederalsavingsbank.com/personal-loans/smartloan/major-purchase/) - [Banking](https://www.thefederalsavingsbank.com/banking/): Deposit accounts and banking services. - [Zelle](https://www.thefederalsavingsbank.com/banking/zelle/) - [Make a Mortgage Payment Online](https://www.thefederalsavingsbank.com/banking/make-a-mortgage-payment-online/) ## Guides — VA Loans - [Types of VA Loans and Their Advantages](https://www.thefederalsavingsbank.com/Blog/types-of-va-loans-and-their-advantages-whats-right-for-you/) - [Who Qualifies for a VA Home Loan](https://www.thefederalsavingsbank.com/Blog/who-qualifies-for-a-va-home-loan/) - [VA Loan Certificate of Eligibility](https://www.thefederalsavingsbank.com/Blog/va-loan-certificate-of-eligibility/) - [How to Request Your COE](https://www.thefederalsavingsbank.com/Blog/understanding-your-va-loan-how-to-request-your-coe/) - [The DD214 Form](https://www.thefederalsavingsbank.com/Blog/dd214-form/) - [VA Loan Limits](https://www.thefederalsavingsbank.com/Blog/va-loan-limits/) - [How Much Home Can You Buy With a VA Loan](https://www.thefederalsavingsbank.com/Blog/how-much-home-can-you-buy-with-a-va-loan/) - [How Many VA Loans Can I Take Out](https://www.thefederalsavingsbank.com/Blog/how-many-va-loans-can-i-take-out/) - [What Is the VA Loan Funding Fee](https://www.thefederalsavingsbank.com/Blog/what-is-the-va-loan-funding-fee/) - [VA Funding Fee Exemptions](https://www.thefederalsavingsbank.com/Blog/what-you-should-know-about-va-funding-fee-exemptions/) - [Understanding VA Loan Closing Costs](https://www.thefederalsavingsbank.com/Blog/understanding-va-loan-closing-costs/) - [VA Non-Allowable Fees](https://www.thefederalsavingsbank.com/Blog/what-to-know-about-veterans-affairs-va-non-allowable-fees/) - [VA Loan Appraisal Requirements](https://www.thefederalsavingsbank.com/Blog/what-you-need-to-know-about-veterans-affairs-va-loan-appraisal-requirements/) - [VA Loan Employment Requirements](https://www.thefederalsavingsbank.com/Blog/understanding-va-loan-employment-requirements/) - [VA Loans and Bad Credit](https://www.thefederalsavingsbank.com/Blog/va-loans-bad-credit/) - [VA Loans: Pros and Cons](https://www.thefederalsavingsbank.com/Blog/va-loans-pros-cons/) - [VA Loan Myths](https://www.thefederalsavingsbank.com/Blog/va-loan-myths/) - [VA Home Loans for Disabled Veterans](https://www.thefederalsavingsbank.com/Blog/va-home-loans-for-disabled-veterans/) - [VA Home Loans for Surviving Spouses](https://www.thefederalsavingsbank.com/Blog/va-home-loans-for-surviving-spouses-your-path-forward/) - [Joint VA Loans](https://www.thefederalsavingsbank.com/Blog/joint-va-loan-what-it-is-and-how-to-make-it-work-for-your-family/) - [VA Loans for Manufactured Homes](https://www.thefederalsavingsbank.com/Blog/va-loans-for-manufactured-homes/) - [What Affects VA Mortgage Interest Rates](https://www.thefederalsavingsbank.com/Blog/what-affects-va-mortgage-interest-rates/) - [Finding the Right VA Lender](https://www.thefederalsavingsbank.com/Blog/finding-the-right-va-lender/) - [Why Working With an Experienced VA Loan Lender Matters](https://www.thefederalsavingsbank.com/Blog/why-working-with-an-experienced-veterans-affairs-va-loan-lender-matters/) - [The Ultimate Guide for Veteran First-Time Homebuyers](https://www.thefederalsavingsbank.com/Blog/the-ultimate-guide-for-veteran-first-time-homebuyers/) - [FHA Loans vs VA Loans](https://www.thefederalsavingsbank.com/Blog/fha-loans-vs-va-loans-low-cost-mortgages-for-veterans/) ## Guides — VA Refinance - [A Beginner's Guide to the VA IRRRL (Streamline Refinance)](https://www.thefederalsavingsbank.com/Blog/a-beginners-guide-to-a-va-irrrl-or-va-streamline-refinance/) - [Maximum Term for a VA IRRRL](https://www.thefederalsavingsbank.com/Blog/understanding-the-maximum-term-for-a-va-irrrl/) - [Why a VA IRRRL Could Be a Fitting Refinance Option](https://www.thefederalsavingsbank.com/Blog/why-a-va-irrrl-could-be-a-fitting-refinance-option/) - [What Is a VA Cash-Out Refi and What Can You Do With It](https://www.thefederalsavingsbank.com/Blog/what-is-a-va-cash-out-refi-and-what-can-you-do-with-it/) - [VA Cash-Out Refinance: How Much Cash You Can Get](https://www.thefederalsavingsbank.com/Blog/va-cash-out-refinance-how-much-cash-you-can-get-and-how-to-use-the-funds/) - [How Soon Can You Refinance After Getting a VA Mortgage](https://www.thefederalsavingsbank.com/Blog/how-soon-can-you-refinance-after-getting-a-va-mortgage/) - [How Refinancing Your VA Loan Can Save You Money](https://www.thefederalsavingsbank.com/Blog/how-refinancing-your-va-loan-can-save-you-money/) ## Guides — VA Personal Loans - [Why Apply for a Military Veteran Personal Loan](https://www.thefederalsavingsbank.com/Blog/why-apply-for-a-military-veteran-personal-loan-with-tfsb/) - [Are Surviving Spouses Eligible for a Veteran Personal Loan](https://www.thefederalsavingsbank.com/Blog/are-surviving-spouses-eligible-for-a-veteran-personal-loan/) - [Using a Veteran Personal Loan for Disability-Conscious Renovations](https://www.thefederalsavingsbank.com/Blog/using-a-veteran-personal-loan-for-disability-conscious-renovations/) - [Ease Medical Bills With a Veteran Personal Loan](https://www.thefederalsavingsbank.com/Blog/ease-medical-bills-with-veteran-personal-loan-a-veterans-guide/) ## Guides — Construction Loans - [VA New Construction Loan: How Does It Work](https://www.thefederalsavingsbank.com/Blog/va-new-construction-loan-how-does-it-work/) - [Eligible VA Borrowers: Build Your Dream Home With a Construction Loan](https://www.thefederalsavingsbank.com/Blog/eligible-va-borrowers-build-your-dream-home-with-a-construction-loan/) - [How Do Construction Loans Work](https://www.thefederalsavingsbank.com/Blog/how-do-construction-loans-work/) - [Construction Loan Requirements](https://www.thefederalsavingsbank.com/Blog/construction-loan-requirements/) - [Construction-to-Permanent Loan](https://www.thefederalsavingsbank.com/Blog/construction-to-permanent-loan/) - [Understanding the Construction-to-Permanent Loan Process](https://www.thefederalsavingsbank.com/Blog/understanding-the-construction-to-permanent-loan-process/) - [Construction-to-Permanent Loan Requirements](https://www.thefederalsavingsbank.com/Blog/construction-to-permanent-loan-requirements/) - [Do Construction Loans Include Land](https://www.thefederalsavingsbank.com/Blog/do-construction-loans-include-land/) - [How to Qualify for a Land and Construction Loan](https://www.thefederalsavingsbank.com/Blog/how-to-qualify-for-a-land-and-construction-loan/) - [Stages of a Construction Loan](https://www.thefederalsavingsbank.com/Blog/stages-of-a-construction-loan/) - [Construction Loan Closing Costs](https://www.thefederalsavingsbank.com/Blog/what-kind-of-construction-loan-closing-costs-should-you-expect/) - [How to Lower Your Construction Loan Down Payment](https://www.thefederalsavingsbank.com/Blog/how-to-lower-your-construction-loan-down-payment/) - [Construction Loan vs Mortgage](https://www.thefederalsavingsbank.com/Blog/understanding-key-concepts-construction-loan-vs-mortgage/) - [Choosing a Construction Loan Lender](https://www.thefederalsavingsbank.com/Blog/choosing-a-construction-loan-lender-what-homebuyers-need-to-know/) - [How to Choose the Right Builder](https://www.thefederalsavingsbank.com/Blog/how-to-choose-the-right-builder-for-your-construction-project/) - [Building a Home: Shopping for Land](https://www.thefederalsavingsbank.com/Blog/building-a-home-what-to-know-when-you-start-shopping-for-land/) - [Jumbo Construction Loans](https://www.thefederalsavingsbank.com/Blog/what-are-jumbo-construction-loans-and-who-are-they-for/) - [A Guide to Modular Homes: Construction Financing](https://www.thefederalsavingsbank.com/Blog/a-guide-to-modular-homes-construction-financing-and-benefits/) - [5 Things to Do Now If You're Planning to Build a Home Next Year](https://www.thefederalsavingsbank.com/Blog/5-things-to-do-now-if-youre-planning-to-build-a-home-next-year/) ## Guides — Buying, Refinancing and Home Equity - [12 Steps to Homeownership](https://www.thefederalsavingsbank.com/Blog/12-steps-to-homeownership/) - [Understanding First-Time Homebuyer Loans and Down Payment Options](https://www.thefederalsavingsbank.com/Blog/understanding-first-time-homebuyer-loans-and-your-down-payment-options/) - [First-Time Homebuyer Qualifications](https://www.thefederalsavingsbank.com/Blog/first-time-homebuyer-qualifications/) - [Pre-Qualification vs Pre-Approval](https://www.thefederalsavingsbank.com/Blog/pre-qualification-vs-pre-approval-whats-the-big-difference/) - [How to Determine What Mortgage You Can Afford](https://www.thefederalsavingsbank.com/Blog/how-to-determine-what-mortgage-you-can-afford/) - [Down Payments: Know Your Options](https://www.thefederalsavingsbank.com/Blog/down-payments-know-your-options/) - [What You Need to Know About Qualifying for Down Payment Assistance](https://www.thefederalsavingsbank.com/Blog/what-you-need-to-know-about-qualifying-for-down-payment-assistance/) - [Understanding Loan Estimates](https://www.thefederalsavingsbank.com/Blog/understanding-loan-estimates/) - [What Is a Closing Disclosure](https://www.thefederalsavingsbank.com/Blog/what-is-a-closing-disclosure/) - [What Is Escrow](https://www.thefederalsavingsbank.com/Blog/what-is-escrow/) - [What Is Private Mortgage Insurance](https://www.thefederalsavingsbank.com/Blog/what-is-private-mortgage-insurance/) - [Conventional vs FHA Loan](https://www.thefederalsavingsbank.com/Blog/how-to-decide-between-conventional-loan-and-fha-loan/) - [Conforming vs Jumbo Loan: How Buyers Decide Which Loan Size Fits](https://www.thefederalsavingsbank.com/Blog/8conforming-vs-jumbo-loan-how-buyers-decide-which-loan-size-fits/) - [A Simple Guide to FHA Loans](https://www.thefederalsavingsbank.com/Blog/a-simple-guide-to-fha-loans/) - [When Should You Refinance a Mortgage](https://www.thefederalsavingsbank.com/Blog/when-should-you-refinance-a-mortgage/) - [Your Mortgage Refinancing Guide: When Does It Make Sense](https://www.thefederalsavingsbank.com/Blog/your-mortgage-refinancing-guide-when-does-it-make-sense/) - [Can Refinancing Your Mortgage Affect Your Credit Score](https://www.thefederalsavingsbank.com/Blog/can-refinancing-your-mortgage-affect-your-credit-score/) - [HELOC vs Home Equity Loan](https://www.thefederalsavingsbank.com/Blog/heloc-vs-home-equity-loan-what-may-work-for-you/) - [A Guide to Home Equity Loans](https://www.thefederalsavingsbank.com/Blog/unlock-your-homes-potential-value-a-guide-to-home-equity-loans/) - [What to Do With Your Home Equity](https://www.thefederalsavingsbank.com/Blog/what-to-do-with-your-home-equity-options-for-todays-homeowners/) - [Understanding Property Taxes](https://www.thefederalsavingsbank.com/Blog/understanding-property-taxes-what-they-are-and-how-to-calculate-them/) - [Can Mortgage Interest Be Deducted From Taxes](https://www.thefederalsavingsbank.com/Blog/can-mortgage-interest-be-deducted-from-taxes-heres-what-you-need-to-know/) - [Credit Scores Explained](https://www.thefederalsavingsbank.com/Blog/credit-scores-explained/) - [What Is a Conventional Mortgage](https://www.thefederalsavingsbank.com/Blog/what-is-a-conventional-mortgage/) - [What Is Debt Consolidation and Should You Consider It](https://www.thefederalsavingsbank.com/Blog/what-is-debt-consolidation-and-should-you-consider-it/) - [What Is ITIN Construction](https://www.thefederalsavingsbank.com/Blog/what-is-itin-construction/) - [A Comprehensive Guide to ITIN Loans](https://www.thefederalsavingsbank.com/Blog/are-no-ssn-loans-for-real-a-comprehensive-guide-to-itin-loans/) - [The ITIN Loan Program](https://www.thefederalsavingsbank.com/Blog/the-itin-loan-program-creating-more-homeownership-opportunities/) - [How to Buy Your Investment Property With a DSCR Loan](https://www.thefederalsavingsbank.com/Blog/how-to-buy-your-investment-property-with-a-dscr-loan/) - [All About Foreign National Loans](https://www.thefederalsavingsbank.com/Blog/all-about-foreign-national-loans/) ## Learning Center and Blog - [Learning Center](https://www.thefederalsavingsbank.com/learning-center/) - [Blog](https://www.thefederalsavingsbank.com/blog/): Full archive of mortgage, VA and homeownership guides. ## About the Bank - [About The Federal Savings Bank](https://www.thefederalsavingsbank.com/about/): Veteran-founded and veteran-operated national bank lending in all 50 states. - [Leadership](https://www.thefederalsavingsbank.com/about/leadership/) - [Our Mortgage Bankers](https://www.thefederalsavingsbank.com/about/our-mortgage-bankers/) - [All Mortgage Bankers](https://www.thefederalsavingsbank.com/about/all-mortgage-bankers/) - [Our Locations](https://www.thefederalsavingsbank.com/about/our-locations/) - [Advisors](https://www.thefederalsavingsbank.com/about/advisors/) - [First Responders Program](https://www.thefederalsavingsbank.com/about/advisors/first-responders/) - [In the News](https://www.thefederalsavingsbank.com/about/in-the-news/) - [Careers](https://www.thefederalsavingsbank.com/careers/) - [Contact](https://www.thefederalsavingsbank.com/contact/) - [Get Started](https://www.thefederalsavingsbank.com/getstarted/): Begin a loan application. ## Legal and Disclosures - [Privacy Notice](https://www.thefederalsavingsbank.com/privacy-notice/) - [Mobile Privacy Policy](https://www.thefederalsavingsbank.com/privacy-notice/mobile-privacy-policy/) - [Customer ID Notice](https://www.thefederalsavingsbank.com/customer-id-notice/) - [FDIC Notice](https://www.thefederalsavingsbank.com/fdic-notice/) - [Accessibility Statement](https://www.thefederalsavingsbank.com/accessibility-statement/) - [Security Approach](https://www.thefederalsavingsbank.com/security-approach/) - [Fraud and Identity Theft](https://www.thefederalsavingsbank.com/fraud-identity-theft/) ## Optional - [XML Sitemap Index](https://www.thefederalsavingsbank.com/sitemap_index.xml) --- Disclosure: information on these pages is for educational purposes. Products and interest rates are subject to change without notice. Loan products are subject to credit approval and include terms, conditions, fees and other costs. Property insurance is required on all loans secured by property. VA loan products are subject to VA eligibility requirements.