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Asset Based Lending Options
• Underwritten in house
• Up to $12,000,000
• No project too small or too large
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Foreign Nationals
- • 70% LTV
- Underwritten in house
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Multi Family
- Over 4 units
- Case by case- Mixed Use Properties
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Near Miss Jumbos
- DTI off slightly
- LTV off slightly
- Difficult to prove income
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Non-Warrantable Condos
- TFSB is based in Chicago, so it understands Chicagoland condos
- In house underwriting
- In house condo department
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Portfolio
Example: DTI is above the jumbo ratios, The Federal Savings Bank will look at the loan in the portfolio division. TSFB will underwrite, and service that loan.
Example: Good job, but difficult to prove income, The Federal Savings Bank will look at the loan in the portfolio division. TSFB will underwrite, and service that loan.
Example: Non warrantable condo with jumbo loan amounts, The Federal Savings Bank will look at the loan in the portfolio division. TSFB will underwrite, and service that loan.
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Interested in The Federal Savings Bank’s Jumbo Options?
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