Tim Padavic graduated from Western Illinois University with a degree in Communications and a minor in Marketing. After obtaining his degree, Tim started his own apparel company where he manufactured and designed activewear. After 10 years in the manufacturing industry, he switched gears and began working in the mortgage industry. While living in Chicago, he began as a loan officer and grew his business where he managed his own team and eventually managed his own branch. Implementing much of his marketing background, he created marketing campaigns, call centers, and virtual teams of loan officers around the country. As Tim’s family grew, they made the move up to the North Shore where he continued his career as a mortgage banker.
With over 16 years of real estate and mortgage lending experience, Tim has the knowledge and expertise to help each borrower structure the optimal mortgage to achieve their financial goals. Tim prides himself on his focus to get the job done. His goals are customer satisfaction and building his referral business. He is here to help his customers achieve their dreams. Tim has had the privilege of being interviewed by several popular online publications such as The Huffington Post, Salary.com, and Mainstreet.com about his views on the mortgage industry.
Tim currently resides in Glencoe, IL with his wife of 30 years. They and their two daughters are very active and spend as much time as possible in Colorado enjoying skiing, biking, and hiking as a family. Tim’s passion is playing ice hockey and can be found all year round at the local ice rink.
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.