The Federal Savings Bank

8,296 mortgages originated in 2025 across 38 states, and what they cost borrowers.

Loans originated

8,296

Median rate

6.500%

Median lender fees

$10,072

Median loan amount

$335,000

Median spread over APOR

0.313

Paid discount points

68.6%

Received lender credits

25.4%

Purchases / refinances

41.2% / 54.3%

Conventional / FHA / VA

37.2% / 12.5% / 50.1%

Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 95.7% of loans here — see methodology.

Where The Federal Savings Bank lent

States with at least 50 loans in 2025, ranked by volume.