Call: 800-908-8845 CONTACT US APPLY NOW HOME IRA NON-RECOURSE LOANS CRP PAYMENTS RESOURCES ABOUT CONTACT 4 Things That Set First Western Federal Savings Bank Apart Get Started Here! Speak with an Expert Today FIRST WESTERN FEDERAL SAVINGS BANK Since 1979, First Western Federal Savings Bank has been making loans in all 50 states for investors purchasing non-owner occupied real estate, utilizing a “common sense” lending strategy that is unique among lenders today. Here are four ways that we set ourselves apart from other banks and financial institutions. We Run Our Bank Like a Business While the sign out front of our offices says “bank,” we prefer to think of ourselves more like a business in that our vision is one that states “if it makes sense, we’ll do it!” Not every bank is able to function this way. This philosophy has been very successful for each of our customers, as it impacts each of the services we provide and relationships we’ve built. Our customers are our business partners, and we work with them throughout the life of their loan to ensure that it remains a sound investment for them and a good loan for us. Do you need a specialized loan? We’ll make it happen! 40+ Years of Experience We’ve been in this business for a long time now. Over the course of four decades, we’ve fine-tuned our processes to be able to provide the best services for our customers, helping thousands make sound investments. You’ll be hard-pressed to find another loan provider that has the same successful track record as us with the same amount of customer satisfaction. No Balloon Payments Many lenders utilize something called “balloon payments,” which are substantially larger-than-usual one-time payments that occur at the end of a loan term. While balloon payments might be appropriate in some circumstances, they also come with many disadvantages that can place a hardship on the borrower. While your payments might be lower with a balloon payment, the final payment packs a wallop, often resulting in loss of collateral. Balloon payments are not something you need to worry about with First Western Federal Savings Bank! Top-Rated Loan Lender When you work with First Western Federal Savings Bank, you’re working with one of the top-rated national IRA non-recourse loan lenders. We lend nationwide on single family detached, 5+ units, commercial real estate, and agricultural properties. Our non-recourse lenders service all of our loans in order to provide both accuracy and quick responses to any questions about buying real estate with an IRA. Experience the difference of our quality customer service and unmatched successful track record! Are you ready to invest in real estate with a reputable loan provider that stands head and shoulders above the competition? Contact First Western Federal Savings Bank today to get started! Leave a Comment Comment Name (required) Email (will not be published) (required) Website Save my name, email, and website in this browser for the next time I comment. Post navigation ← How to Get the Most Out of Your Self-Directed IRA What to Look For in a Non-Recourse Loan Lender → Email: Roger St. Pierre NMLS #768919 Email: Jeff Fullerton NMLS #768918 Email: Nick Conway NMLS #1606997 Disclaimer: First Western Federal Savings Bank is not affiliated with any of the listed custodians, administrators, or facilitators nor do we receive compensation to provide you with this information. We are also not responsible for the website content at third-party sites. First Western Federal Savings Bank and its employees do not provide tax, legal, or investment advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or investment advice. You should consult your own tax, legal, investment advisors before engaging in any transaction. APPLY NOW Home About Us CRP Payments Contact Blog Privacy Policy 402 Main Street, Rapid City, SD 57701 Local Phone: (605) 341-1203 - Fax: (605) 394 - 0084 - NMLS #631666 © 2021 First Western Federal Savings Bank. All Rights Reserved.