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JEFFERSONVILLE, Ind., March 16, 2021 (GLOBE NEWSWIRE) -- First Savings Financial Group, First savings bank mortgage. (NASDAQ: FSFG), the holding company for First Savings Bank (the “Bank”), is pleased to announce that Brian Simon, CMB, joined the Bank as the Senior Vice President, Mortgage Banking Director on March 1, 2021. In this role, Mr. Simon is responsible for all day-to-day operations and strategic execution of the Bank’s mortgage banking business. Most recently, Mr. Simon was an executive at Altisource and served as President of the Lenders One, Trelix and Castleline business units. Previously, he held C-level leadership positions at some of the nation’s largest and most successful mortgage first savings bank mortgage in the industry, including Chief Operating Officer of New Penn Financial (now known as New Rez), Chief Executive Officer of Caliber Home Loans and Chief Operating Officer of Freedom Mortgage. Mr. First savings bank mortgage has served on the advisory boards of both the Fannie Mae and Freddie Mac, holds the prestigious Certified Mortgage Banker designation, and has been voted one of the top one hundred mortgage banking executives in the industry.
The Bank operates fifteen offices in the Indiana communities of Clarksville, Jeffersonville, Charlestown, Sellersburg, New Albany, Georgetown, Corydon, Lanesville, Elizabeth, English, Marengo, Salem, Odon and Montgomery. Access to First Savings Bank accounts, including online banking and electronic bill payments, is available anywhere with Internet access through the Bank’s website at www.fsbbank.net.
Contact:
Larry W. Myers
President and CEO
first savings bank mortgage 283-0724
Employees -
Sector Banking
Sales or Revenue 185.70 M
Industry Financial Services
1Y Sales Change -4.44%
Fiscal Year Ends September 30 Download Reports
First Savings Financial Group, Inc. operates as a savings and loans holding company for First Savings Bank FSB, a federally chartered savings bank. The firm operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its first savings bank mortgage market area. It operates through the following segments: Core Banking, SBA Lending, and Mortgage Banking. The Core Banking segment engages in residential, commercial and consumer loans. The SBA Lending segment focuses on net gains on sales of loans and net interest income as its primary sources of revenue. The Mortgage Banking segment originates residential mortgage loans and sells it in the secondary market. The company was founded in May 2008 and is headquartered in Jeffersonville, IN.
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| Name/Title | Current Board Membership |
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| Revenue+67.15% | Net First savings bank mortgage Per Share - | |
| Capital Spending - | Gross Margin - | Cash Flow - |
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*APR = Annual Percentage Rate. The Conventional Loan APRs shown are based on a $125,000 loan with an applicable down payment, 15 days of prepaid interest, which can vary depending upon the date of loan closing, and conventional loan document preparation fees of $1,450, which includes credit report, courier fee, tax service fee, flood certificate and quality control fee. Document preparation fees for FHA and USDA Loans, $1,700, include credit report, courier fee, processing/forms fee, flood certificate and quality control fee. For Construction Loans, document preparation fees of $1,800 include credit report, courier fee, tax service fee, flood certificate and quality control fee. A Freddie Mac delivery fee may be applicable to your loan. Please contact one of our loan originators for further information and to determine how any delivery fees may impact your loan's annual percentage rate (APR). JUMBO Loan APRs are based on a $600,000 loan with an applicable down payment, 15 days of prepaid interest, which can vary depending on the date of loan closing, JUMBO document preparation fees of $1,450, which includes credit report, courier fee, tax service fee, flood certificate, and quality control fee. Please contact one of our loan originators for further information and to determine how any delivery fees may impact your loan's annual percentage rate (APR).
**ARMs have a 5% lifetime cap. The estimated APR is based on an index, which is subject to change. The APR and the payments are subject to change on a 6 Month basis after the initial fixed-rate term. The initial interest rate will be in effect for the fixed term of the loan and is not based on the formula set forth in the loan contract. On the first change date, the rate cannot increase or decrease more than 2% for 3/6 Mo ARMs and 5/6 Mo ARMS, and 5% for 7/6 Mo ARMs and 10/6 Mo ARMs. Any subsequent rate changes, after the first change, cannot increase or decrease more than 1%. Effective for all ARM loans originated on or after July 12, 2021. First Federal Savings Bank will be using the 30 day average SOFR index and the above refrenced adjustment caps.
***The following are First Federal's standard closing costs: Appraisal and document preparation fees, which include credit report, title work, recording fees, tax service fees, and flood certification.
Borrowers must meet underwriting guidelines. Interest rates are subject to change and may be subject to additional fees, depending on the program selected and the underwriting characteristics.
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Offering Fixed and Adjustable Rates, low down payment options, no mortgage insurance options and more.
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Build equity faster and lower the total interest with our 15 year mortgage loan option.
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Maximize monthly savings with the classic 30 year fixed rate mortgage loan option.
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We are here to help with many home loan options for when you purchase your first home.
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The FHA home loan is a great option with flexibility in qualifying those with lower credit scores.
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First Savings Mortgage offers Jumbo and Super Jumbo mortgage options with competitive rates.
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The Virginia Housing Development Authority mortgage option to make purchasing a home more affordable.
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First Savings Mortgage Corporation
Equal Housing Lender
NMLS ID 38694
www.nmlsconsumeraccess.org
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