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Upen Patel
Lender
Pro Member
  • Lender
  • Nationwide Lender
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Work with a national leader in VA Loans

Upen Patel
Lender
Pro Member
  • Lender
  • Nationwide Lender
Posted Aug 21 2016, 08:13

I work for The Federal Savings Bank, a Veteran owned and operated bank. We appreciate, respect and are dedicated to the men and women who served our country very strongly. With that dedication in mind, the U.S. Department of Veterans Affairs released the most recent Lender Loan Volume Report. I'm happy to share that The Federal Savings Bank remains a national leader in lending to veterans.


During the first and second quarters of 2016, The Federal Savings Bank was ranked #14 out of 300 lenders for lender loan volume to veterans.

More specifically, during Q2 the Bank generated 1,447 total VA loans for a total loan amount of $407,755,860 and average loan of $281,794. In Q1 we had slightly higher numbers with 1,468 total VA loans for a total loan amount of $411,942,081 and average loan of $280,614. Overall for 2015, our volume was ranked #29 out of 300 lenders.

Also important to note, for Interest Rate Reduction Refinancing Loans (IRRRL), the Bank was ranked #8 in Q1 and #9 in Q2, with a 3-3.5% IRRRL market share. Within the top 10 banks, The Federal Savings Bank has either the second or third highest average loan size.

We have much to be proud of here at The Federal Savings Bank. Please give me the opportunity to provide excellent service to your customers -- especially those who have served our country!

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Financing Options Available in ALL 50 States - Alabama (AL), Alaska (AK), Arizona (AZ), Arkansas (AR), California (CA), Colorado (CO), Connecticut (CT), Delaware (DE), Florida (FL), Georgia (GA), Hawaii (HI), Idaho (ID), Illinois (IL), Indiana (IN), Iowa (IA), Kansas (KS), Kentucky (KY), Louisiana (LA), Maine (ME), Maryland (MD), Massachusetts (MA), Michigan (MI), Minnesota (MN), Mississippi (MS), Missouri (MO), Montana (MT), Nebraska (NE), Nevada (NV), New Hampshire (NH), New Jersey (NJ), New Mexico (NM), New York (NY), North Carolina (NC), North Dakota (ND), Ohio (OH), Oklahoma (OK), Oregon (OR), Pennsylvania (PA), Rhode Island (RI), South Carolina (SC), South Dakota (SD), Tennessee (TN), Texas (TX), Utah (UT), Vermont (VT), Virginia (VA), Washington (WA), West Virginia (WV), Wisconsin (WI), Wyoming (WY)

New York, Newark, Jersey City, Los Angeles, Long Beach, Anaheim, Riverside, San Bernardino, Ontario, Chicago, Naperville, Washington, Baltimore, Arlington, Vienna, Fairfax, Prince William County, Prince Georges County, San Jose, San Francisco, Oakland, Boston, Worcester, Providence, Philadelphia, Dallas, Fort Worth, Miami, Fort Lauderdale, Port St. Lucie, Houston, Atlanta, Athens, Clarke County, Phoenix, Mesa, Scottsdale, Minneapolis, St. Paul, Seattle, Tacoma, Denver, Aurora, San Diego, Carlsbad, San Ramone, Portland, Vancouver, Salem, Orlando, Daytona Beach, St. Louis, St. Charles Farmington, Tampa-St., Petersburg-Clearwater, Columbia, Towson, Sacramento, Roseville, Charlotte, Concord

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Upen Patel, Mortgage Banker, National Lender

The Federal Savings Bank

cell: (571) 331-5161

web: www.thefederalsavingsbank.com/upenpatel

email: [email protected]

Federal NMLS# 1374243

Not all borrowers qualify for all programs, must meet underwriting guidelines and are subject to credit review and approval. This does not constitute a commitment to lend. The information contained is subject to change without notice.

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