# First Federal Bank, A FSB

> **Canonical URL:** https://saferate.com/lenders/first-federal-bank-a-fsb


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


First Federal Bank, A FSB is a bank, headquartered in Tuscaloosa, AL, serving borrowers across 17 states, with 1,241 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 60% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 19% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300ROGHTFGYNKE773
- **Headquarters:** Tuscaloosa, AL
- **Geographic Reach:** Multi-Region
- **States Served:** 17
- **State List:** AL, CA, CO, DE, FL, GA, IA, KS, LA, MS, NC, NY, OH, SC, TN, TX, VA
- **Markets (MSAs):** 10
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 99.9%
- **Brokered/Wholesale:** 0.1%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 40/100
- Rating: ●●○○○ (2/5)

### Pull Through: Exceptional 🤩
- Score: 81/100
- Rating: ●●●●● (5/5)

### Pricing Details
- **Average Rate Spread:** +0.132%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,536
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 1,241
- **Dollar Volume:** $335 million
- **Applications Received:** 1,703
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $269,891
- **Average Borrower Income:** $135,591
- **Average Property Value:** $326,990

## Safe Rate Awards 🏆

- ⭐ **FHA Gold Superstar** (77%)
- ⭐ **Purchase Gold Superstar** (62%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 77/100 | 631 | +0.196% | $3,762 | Strong 😀 |
| FHA | 82/100 | 495 | +0.126% | $3,188 | Exceptional 🤩 |
| VA | 74/100 | 70 | -0.410% | $3,990 | Strong 😀 |
| USDA | 82/100 | 42 | -0.087% | $2,933 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 571 loans, Score: 78/100 (Strong)
- Refinance: 60 loans, Score: 65/100 (Strong)

**FHA:**
- Purchase: 481 loans, Score: 83/100 (Exceptional)

**VA:**
- Purchase: 69 loans, Score: 75/100 (Strong)

**USDA:**
- Purchase: 42 loans, Score: 82/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 81/100 | 1,166 | $314M | +0.136% | Exceptional 🤩 |
| Refinance | 66/100 | 75 | $21M | +0.081% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| AL | 1,204 | 2.01% | 98/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Tuscaloosa, AL | AL | 568 | 100/100 |
| Birmingham, AL | AL | 187 | 85/100 |
| Non |  | 141 | 55/100 |
| Mobile, AL | AL | 80 | 80/100 |
| Gadsden, AL | AL | 57 | 89/100 |
| Daphne | AL | 54 | 68/100 |
| Florence | AL | 46 | 69/100 |
| Huntsville, AL | AL | 30 | 57/100 |
| Anniston | AL | 22 | 61/100 |
| Decatur, AL | AL | 19 | 56/100 |

## Where This Lender Ranks

First Federal Bank, A FSB appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Alabama for FHA Loans
  - [View Full Rankings](https://saferate.com/alabama/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Alabama for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/alabama/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Tuscaloosa, AL Banks
  - [View Full Rankings](https://saferate.com/tuscaloosa-al/best-mortgage-lenders/banks)
- 🥇 **#1** in Tuscaloosa, AL for FHA Loans
  - [View Full Rankings](https://saferate.com/tuscaloosa-al/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Tuscaloosa, AL for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/tuscaloosa-al/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Mobile, AL for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/mobile-al/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Gadsden, AL for FHA Loans
  - [View Full Rankings](https://saferate.com/gadsden-al/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Gadsden, AL for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/gadsden-al/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Florence for FHA Loans
  - [View Full Rankings](https://saferate.com/florence/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Florence for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/florence/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Tuscaloosa, AL for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/tuscaloosa-al/best-mortgage-lenders/banks/usda-loans)
- 🥈 **#2** in Birmingham, AL for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/birmingham-al/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Daphne for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/daphne/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Anniston for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/anniston/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Anniston for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/anniston/best-mortgage-lenders/banks/usda-loans)
- 🥉 **#3** in Tuscaloosa, AL
  - [View Full Rankings](https://saferate.com/tuscaloosa-al/best-mortgage-lenders)
- 🥉 **#3** in Tuscaloosa, AL for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/tuscaloosa-al/best-mortgage-lenders/banks/va-loans)
- 🥉 **#3** in Tuscaloosa, AL for USDA Loans
  - [View Full Rankings](https://saferate.com/tuscaloosa-al/best-mortgage-lenders/usda-loans)
- 🥉 **#3** in Anniston for FHA Loans
  - [View Full Rankings](https://saferate.com/anniston/best-mortgage-lenders/fha-loans)
- 🥉 **#3** in Anniston for USDA Loans
  - [View Full Rankings](https://saferate.com/anniston/best-mortgage-lenders/usda-loans)

## Frequently Asked Questions

### What loan types does First Federal Bank, A FSB offer?

First Federal Bank, A FSB offers the following mortgage loan types: FHA, Conventional, VA, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does First Federal Bank, A FSB offer mortgages?

First Federal Bank, A FSB offers mortgages in 17 states: AL, CA, CO, DE, FL, GA, IA, KS, LA, MS, NC, NY, OH, SC, TN, TX, VA.

### How competitive are First Federal Bank, A FSB's mortgage rates?

First Federal Bank, A FSB has a pricing score of 40/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.132% above market average.

### What type of lender is First Federal Bank, A FSB?

First Federal Bank, A FSB is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Tuscaloosa, AL.

### What is First Federal Bank, A FSB's loan approval success rate?

First Federal Bank, A FSB has a pull-through score of 81/100 (Exceptional). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/first-federal-bank-a-fsb

### How to Cite

> "First Federal Bank, A FSB Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/first-federal-bank-a-fsb

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