Call: 800-908-8845 CONTACT US APPLY NOW HOME IRA NON-RECOURSE LOANS CRP PAYMENTS RESOURCES ABOUT CONTACT About Us Unique Financing Programs For Your Non-Recourse Loan Get Started Contact Us Today Do not fill this form out if you're a solicitor. Name First Last Email Phone Questions or Comments* CAPTCHA Use Your Self-Directed IRA to Purchase Real Estate With a Non-Recourse Loan from First Western As one of America’s best providers of non-recourse loans, we work with our customers to create unique financing programs that allow them to use their self-directed IRA in tandem with their non-recourse loan to pursue a number of financial ventures. With years of providing IRA non-recourse loans, we can walk you through the entire process of how self-directed IRAs work, what a non-recourse loan is and how it works, and how to get started using real estate investments within your IRA to earn returns. Loan decisions are usually made within two days, and processing time is usually 30 to 35 days from the application date. To learn more about how to use your self-directed IRA along with your non-recourse loan, contact our team of lenders today. What Are the Minimum Requirements for a Non-Recourse Loan? Minimum liquid reserves in the retirement account: 15% of the loan amount Net operating income must exceed debt payments by a minimum of 25% 25-Year, Fully Amortizing Loans No Balloon Payments Loan Amounts Range from 40,000 to $800,000 About Us First Western Federal Savings Bank was established in 1979 as a Savings and Loan Association. We are a federally chartered FDIC insured bank that makes loans in all 50 states for investors purchasing non-owner occupied real-estate employing a “common sense” lending strategy that is unique today. We lend on single family dwellings, apartments, commercial buildings and income-producing ag land to investors buying or refinancing investment real-estate as individuals, LLC’s or their corporate entities. We also help investors leverage their current retirement plan assets to purchase real estate inside their self-directed IRA or 401(k). Since 2008, FWFSB has emerged as one of the nation’s leading non-recourse loan providers to self-directed retirement plans. Each loan request is evaluated by its own merits and our underwriting strategy is specialized to each loan. Additionally, we offer a special CRP purchase program for ag producers who would rather receive a lump-sum payment than wait for installments. Farmers and Ranchers often realize that they can create a better return by investing in their operations today than if they wait for CRP payments to trickle in over time. We run our bank like a business, not a bank! Our vision of “If it makes sense, we’ll do it!” has treated us and our customers very well over the years and the service we provide and the relationships we build separates us from other banks. We view our customers as partners and therefore work with them throughout the life of the loan to ensure it remains a sound investment for them and a good loan for the bank. If you have a need for a specialized loan, we are here to help! We also help investors leverage their current retirement plan assets to purchase real estate inside their self-directed IRA or 401(k). Since 2008, FWFSB has emerged as one of the nation’s leading non-recourse loan providers to self-directed retirement plans. Each loan request is evaluated by its own merits and our underwriting strategy is specialized to each loan. Additionally, we offer a special CRP purchase program for ag producers who would rather receive a lump-sum payment than wait for installments. Farmers and Ranchers often realize that they can create a better return by investing in their operations today than if they wait for CRP payments to trickle in over time. We also help investors leverage their current retirement plan assets to purchase real estate inside their self-directed IRA or 401(k). Since 2008, FWFSB has emerged as one of the nation’s leading non-recourse loan providers to self-directed retirement plans. Each loan request is evaluated by its own merits and our underwriting strategy is specialized to each loan. Additionally, we offer a special CRP purchase program for ag producers who would rather receive a lump-sum payment than wait for installments. Farmers and Ranchers often realize that they can create a better return by investing in their operations today than if they wait for CRP payments to trickle in over time. Start Using Your Self-Directed Retirement Accounts to Purchase Real Estate Investment With Leverage Get Started Today Do not fill this form out if you're a solicitor. Name First Last Email Phone Questions or Comments* CAPTCHA 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.