Mortgage Reviews

Third Federal® Savings and Loan Mortgage

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worst company ever Helpful to 2 out of 3 people

do not use them they change the conditions then when you need the money the take it back f them 

Oct 10, 2013 Reply
Third Fed Ohio fantastic

Whoever posted the other review is clearly misguided.  I used Third Federal three years ago for a refinance and found the experience to be exceptional.  The people, the products, the fees (or, actually, lack of fees) were great.  Unlike other banks, Third Fed does not sell on its loans to other institutions.  Third Fed never made subprime mortgages and has thus remained a stable, community based, responsible institution.  I could not recommend them more highly.

Aug 16, 2013 Reply
Helpful to 0 out of 3 people

Don't use this bank for a mortgage. 

May 10, 2012 Reply
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Company Overview

Guided by four business principles, “Concern for others, trust, respect, and commitment to excellence”, Third Federal Savings & Loan is a savings and loan bank. They are committed to providing low interest mortgage products to the community. Mortgage products offered include adjustable rate mortgages, fixed rate mortgages, bridge loans, and Low Cost Smart Rate Mortgages. Adjustable rate mortgage are offered for 3/1 year and 5/1 year terms. Fixed rate mortgages are available for 15 year and 30 year terms. The Low Cost Smart Rate Mortgage offered by Third Federal Savings & Loan is unique because the closing cost fee to the consumer is only $495. The Bridge Loan is also an attractive feature because it allows consumers to buy a new home before they have sold their current home; payments are deferred on the new mortgage until the old house is sold. In addition, Third Federal Savings & Loan customers can receive pre-approvals, apply online, and check their status online. Applications are available online and over the phone nationwide.

Established in 1938, Third Federal Savings& Loan is headquartered in Cleveland Ohio. They are part of TFS Financial Corp.

Company Details

Third Federal Savings & Loan

  • Established: 1938
  • Headquarters: Cleveland, Ohio
  • Website: www.thirdfederal.com
  • Products: Banking, Mortgages
  • Assets: NA
  • Available: Online; nationwide

Rating Distribution (3)

  • 33%
  • 0%
  • 0%
  • 0%
  • 67%
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