The Federal Savings Bank: 2025 mortgage rates, costs & approvals
How The Federal Savings Bank priced and approved home loans in 2025, measured against every lender in the official HMDA records.
HMDA legal name: The Federal Savings Bank · LEI 549300BX448ALT10FI43
In 2025, The Federal Savings Bank originated 7,055 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 51 states — 86th by volume among the 2,017 lenders profiled here.
On conventional 30-year fixed purchase loans its median rate was 6.75% (all lenders: 6.625%); its median rate spread was 21 basis points above the national median. Median conventional loan costs were $6,580, 18% higher than the national median ($5,570).
It denied 9.0% of completed home-purchase applications (all lenders: 8.5%).
How The Federal Savings Bank priced home-purchase loans
| Purchase loans, 2025 | The Federal Savings Bank | All lenders |
|---|---|---|
| 30-year fixed rate · conventional | 6.750% | 6.625% |
| 30-year fixed rate · FHA | 6.500% | 6.250% |
| 30-year fixed rate · VA | 6.375% | 6.125% |
| 15-year fixed rate · conventional | 6.125% | 5.875% |
| Rate spread vs. APOR · conventional | +0.34 pts | +0.13 pts |
| Total loan costs · conventional | $6,580 | $5,570 |
| Total loan costs · FHA | $12,310 | $11,310 |
| Total loan costs · VA | $6,380 | $6,490 |
| Origination charges (all types) | $2,180 | $1,860 |
| Borrowers paying discount points | 56.3% | 51.3% |
| Points paid, when paid (% of loan) | 0.56% | 0.87% |
| Borrowers receiving lender credits | 33.9% | 33.1% |
Medians shown with at least 20 loans. A lender's numbers reflect its borrowers (credit, down payment, loan size, location) as well as its pricing; HMDA has no credit scores. Rate spread = APR minus the average prime offer rate on the lock date, which removes most of the effect of when the rate was locked.
Loan mix and borrowers
By loan type
By purpose
Why The Federal Savings Bank denied purchase applications
First reason the lender reported for each denied home-purchase application.
Where The Federal Savings Bank lends
| State | Loans | Applications | Purchase denial rate | 30-yr rate* | Loan costs* |
|---|---|---|---|---|---|
| Illinois | 658 | 769 | 10.1% | 6.875% | $6,790 |
| New York | 540 | 647 | 11.3% | 6.625% | $7,930 |
| New Jersey | 458 | 520 | 6.2% | 6.625% | $6,590 |
| Virginia | 383 | 463 | 5.0% | 6.750% | $5,360 |
| North Carolina | 345 | 426 | 6.6% | 6.625% | $6,040 |
| Pennsylvania | 323 | 398 | 8.1% | 6.750% | $5,980 |
| Florida | 316 | 429 | 14.6% | 6.750% | $6,750 |
| Georgia | 311 | 442 | 14.1% | 6.875% | $6,280 |
| Ohio | 311 | 389 | 5.7% | 6.750% | $4,860 |
| California | 214 | 321 | 13.8% | — | — |
| Missouri | 185 | 244 | 7.1% | — | — |
| Washington | 181 | 239 | 7.1% | — | — |
| Maryland | 175 | 237 | 5.2% | 6.750% | $6,530 |
| Tennessee | 164 | 218 | 6.8% | — | $3,880 |
| Indiana | 157 | 214 | 11.8% | — | $4,330 |
| South Carolina | 154 | 193 | 11.4% | — | — |
| Arizona | 135 | 185 | — | — | — |
| Texas | 128 | 155 | 9.0% | 6.750% | $7,900 |
| Wisconsin | 126 | 146 | 10.5% | 6.625% | $5,130 |
| Alabama | 121 | 166 | 13.0% | — | — |
| Massachusetts | 113 | 148 | 0.0% | — | — |
| Colorado | 109 | 150 | 5.3% | 7.000% | $4,150 |
| Kentucky | 105 | 137 | 5.3% | 6.625% | $4,690 |
| Michigan | 104 | 132 | — | — | — |
| Nevada | 96 | 130 | — | — | — |
| Utah | 80 | 107 | — | — | — |
| Oregon | 80 | 104 | — | — | — |
| Arkansas | 75 | 98 | — | — | — |
| Oklahoma | 73 | 93 | 0.0% | — | — |
| New Mexico | 65 | 85 | — | — | — |
| West Virginia | 63 | 73 | — | — | — |
| Louisiana | 52 | 86 | — | — | — |
| Mississippi | 52 | 75 | — | — | — |
| Connecticut | 52 | 73 | — | — | — |
| Minnesota | 50 | 70 | — | — | — |
| Nebraska | 50 | 59 | — | — | — |
| Kansas | 47 | 59 | — | — | — |
| Idaho | 46 | 59 | — | — | — |
| Delaware | 44 | 59 | — | — | — |
| Alaska | 38 | 54 | — | — | — |
| Maine | 38 | 50 | — | — | — |
| Iowa | 37 | 45 | — | — | — |
| Montana | 36 | 41 | — | — | — |
| New Hampshire | 34 | 44 | — | — | — |
| Hawaii | 33 | 51 | — | — | — |
| South Dakota | 26 | 30 | — | — | — |
| Rhode Island | 23 | 29 | — | — | — |
| Wyoming | 21 | 27 | — | — | — |
| North Dakota | 15 | 19 | — | — | — |
| District of Columbia | 7 | 12 | — | — | — |
| Vermont | 6 | 7 | — | — | — |
*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open The Federal Savings Bank's page for that state.
Counties where The Federal Savings Bank is a top lender
| County | Rank | Loans | Market share |
|---|---|---|---|
| Haakon County, SD | 6 | 1 | 11.1% |
| Guadalupe County, NM | 3 | 2 | 10.5% |
| Quitman County, GA | 4 | 1 | 10.0% |
| Lyman County, SD | 6 | 1 | 6.3% |
| Sully County, SD | 4 | 1 | 5.9% |
| Allen County, OH | 6 | 63 | 5.2% |
| Lee County, AR | 10 | 1 | 4.3% |
| Wheeler County, GA | 11 | 1 | 4.3% |
| Ransom County, ND | 5 | 2 | 4.1% |
| Auglaize County, OH | 5 | 21 | 4.0% |
| Magoffin County, KY | 8 | 1 | 3.7% |
| Fergus County, MT | 8 | 4 | 3.7% |
| Shannon County, MO | 6 | 2 | 3.5% |
| Wahkiakum County, WA | 8 | 2 | 3.4% |
| Richmond County, NY | 7 | 110 | 3.3% |
Check The Federal Savings Bank yourself
- FFIEC HMDA Data Browser — the official 2025 records filed under LEI 549300BX448ALT10FI43.
- NMLS Consumer Access — confirm the company and loan officer are licensed in your state.
- CFPB Consumer Complaint Database — search complaints by company name.
- Compare your Loan Estimate from The Federal Savings Bank with similar 2025 loans.
This is a statistical profile, not a review or recommendation. HMDA data alone cannot show whether a lender complies with fair-lending laws, and a lender's medians depend on the borrowers it serves.
Lenders of similar size
Source: FFIEC/CFPB HMDA 2025 public LAR and filer list. Core segment: owner-occupied, single-family site-built, first-lien, closed-end purchase and refinance loans. Methodology