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What to Look For in a Non-Recourse Loan Lender

Have you been considering a non-recourse loan to help with the purchasing of real estate in South Dakota? When you work with First Western Federal Savings Bank, you’re working with one of the nation’s top non-recourse loan lenders. Here are just four reasons that you should trust a lender like First Western Federal for your…

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4 Things That Set First Western Federal Savings Bank Apart

Since 1979, First Western Federal Savings Bank has been making loans in all 50 states for investors purchasing non-owner occupied real estate, utilizing a “common sense” lending strategy that is unique among lenders today. Here are four ways that we set ourselves apart from other banks and financial institutions. We Run Our Bank Like a…

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Invest In These Features To Attract Renters Fast

By using a non-recourse loan from your IRA, you can quickly and easily invest in real estate. Of course, the properties that you own will not garner you any passive income if you don’t have renters occupying the property. While this might sound difficult to do, you can be clever about which pieces of real…

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When is the Best Time to Take Out an IRA Loan?

As we’ve discussed in a previous blog post, an IRA non-recourse loan (also known as an IRA loan) is a loan made to a self-directed IRA for the purpose of acquiring real estate assets. With this information, we know that a non-recourse loan is crucial for making an investment in real estate a reality. Though…

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