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The Federal Savings Bank has announced that Oscar Valenzuela has joined the Bank as a vice president. Valenzuela funded nearly 300 purchase transactions in 2015, and Scotsman Guide ranked him the fifth mortgage originator in the nation with 2015 FHA volume of more than $55 million and total volume exceeding $71 million.
In his new role at The Federal Savings Bank, Valenzuela will be charged with managing the new loan production office in Fairfax, Va., and assisting The Federal Savings Bank in its growth plan for the metropolitan Washington, D.C. area. He plans to lead his team to provide home loan services to many of the first-time homebuyers in the Fairfax area. Specifically, his goal is to close at least 100 units per month.
Valenzuela most recently served as vice president/senior loan officer at Homeside Financial in Virginia.
“Oscar is a true professional and represents his clients extremely well. The Federal Savings Bank is pleased and proud to welcome him to our team,” said Robert Jones, regional vice president at The Federal Savings Bank. “His production and reputation within the real estate community speak for themselves, and I am confident that with the Bank’s resources, he will double his business.”
“I joined The Federal Savings Bank because I see great opportunity to offer more products to customers throughout the United States, as well as flexible underwriting and the potential to grow my business,” said Valenzuela.