Franco Banares / The Federal Savings Bank

Franco Banares / The Federal Savings Bank NMLS #217583
The Federal Savings Bank is a member FDIC and Equal Housing Lender. Franco was born in Chicago and grew up in Mount Prospect, Illinois.

Franco is an accomplished finance professional with experience and knowledge from different industry aspects. He received his Bachelor of Science degree from Northern Illinois University with an emphasis in Operations Management and Information Systems. His career began with the prestigious firm Waddell and Reed, Inc. as a licensed Financial Advisor. During his employment, Franco heightened his ex

pertise by successfully completing his NASD Series 7, 63, and 65 licensing examinations. He enjoyed helping his clients understand and implement strategies such as retirement planning, tax-deferred education savings, and wealth accumulation to achieve their long-term goals. After spending time in the financial planning arena and working with various other professionals such as CPA’s, bankers, brokers, and attorneys, Franco discovered his true calling was in mortgage banking. He felt that by helping others realize the American dream, every single client of his was in a better position to work towards becoming financially independent. Joining Chicago Bancorp in 2006, Franco brought with him years of lending experience, a track record of industry leading service (LendingTree.com’s 2005 Gold Leaf Award), knowledge of a wide array of loan programs, and expertise in providing clients with financial solutions that compliment their lifestyle. His previous success led to a promotion at his former bank’s newly created LendingTree.com division where he led his division in new loan originations and won Banker of the Month honors several times. Chicago’s Lincoln Park neighborhood is where Franco resides today. When he is not working, he enjoys everything Chicago has to offer from the sporting events to the cultural festivals to the countless museums and landmarks.

Challenges are stepping stones leading you to greatness.
06/27/2023

Challenges are stepping stones leading you to greatness.

Did you find the perfect home? Is It part of an HOA? Here’s what you should know about them!
06/27/2023

Did you find the perfect home? Is It part of an HOA? Here’s what you should know about them!

Do you check if the eggs are not broken in the carton before you buy them? A home inspection serves the same purpose: ma...
06/26/2023

Do you check if the eggs are not broken in the carton before you buy them? A home inspection serves the same purpose: make sure that you’re well informed about the condition of the home you want to buy. Learn more about home inspections below. https://brev.is/rZ834

Subject to credit approval. Terms and conditions may apply. Property insurance is required on all loans secured by property.

Home inspections are normal process of the homebuying journey and can help you better understand the home you’re about to buy.

Don’t waste your money doing these “updates” if you are planning to list your home in the near future.
06/23/2023

Don’t waste your money doing these “updates” if you are planning to list your home in the near future.

You have been preapproved and are house hunting. Before you get too excited about how to decorate a home you just saw an...
06/20/2023

You have been preapproved and are house hunting. Before you get too excited about how to decorate a home you just saw and really liked, here are some questions you may want to ask your realtor.

Negotiating is a skill that not everyone has, but it could be critical to determine the price of the home you wish to pu...
06/18/2023

Negotiating is a skill that not everyone has, but it could be critical to determine the price of the home you wish to purchase. Here are some steps you should follow: https://brev.is/nmPwP

Subject to credit approval. Terms and conditions may apply. Property insurance is required on all loans secured by property.

Learn how to negotiate your house price, even when the market is intimidating. You will need to be decisive and flexible, with the right team behind you.

Ditch the boring and overused greys. Colors and patterns are back in home décor trends! https://brev.is/0n6SN Subjec...
06/15/2023

Ditch the boring and overused greys. Colors and patterns are back in home décor trends! https://brev.is/0n6SN Subject to credit approval. Terms and conditions may apply. Property insurance is required on all loans secured by property.

Defined by striking colors and patterns, these interiors prove the joy behind a more-is-more mindset

House hunting with a big furry friend? Do you own a snake? Do you have more than 2 dogs? If you replied “Yes” to any of ...
06/13/2023

House hunting with a big furry friend? Do you own a snake? Do you have more than 2 dogs? If you replied “Yes” to any of the above and are interested in buying a home you recently toured you should request a copy of the pet restrictions they may have.

This measure will help you stand out as a buyer or being able to spend more in your future home! Subject to credit appro...
06/10/2023

This measure will help you stand out as a buyer or being able to spend more in your future home! Subject to credit approval. Terms and conditions may apply. Property insurance is required on all loans secured by property.

The FHA Mortgage fee dropped by 30 percentage points. Read on to learn what this means for home buyers and how to receive a free mortgage quote.

Every defeat comes with learnings. Rise to the stars!
06/07/2023

Every defeat comes with learnings. Rise to the stars!

There’s no way around it. Your credit score and credit history will be critical when buying your first home. The top 4 t...
06/07/2023

There’s no way around it. Your credit score and credit history will be critical when buying your first home. The top 4 things you need to do to make sure you are going to be in the best position possible. Officer

Don’t have enough cash saved for a down payment? An FHA loan may be what you’re looking for to buy your first home! Cont...
06/03/2023

Don’t have enough cash saved for a down payment? An FHA loan may be what you’re looking for to buy your first home! Contact me to get started!

Address

4120 W Diversey Avenue, Ste C501
Chicago, IL
60639

Website

Alerts

Be the first to know and let us send you an email when Franco Banares / The Federal Savings Bank posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Featured

Share

Category