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First State Bank Mortgage is a subsidiary of First State Bank of St Charles, MO. We are Federal Savings Bank, doing business in all 50 states. Our mortgage division is small but agile. All departments report to my Vice President, except for Underwriting, so we have no conflicts.

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Being small like this means we have no area managers. It means we have no regional managers and it means we have to sales hierarchy, which adds extra expense to the bottom line.

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We don’t advertise in the major league stadiums, which again adds expense to the bottom line.

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And while every one of our loan officers could attend a National Sales and Recognition Meeting for a week, we don’t do it, because it adds expense to the bottom line.

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Our goal has been to keep our expenses minimal, our margins low, to offer you the best rate possible. We make up our low margins by doing incredible volume, which is helped by our satisfied customers telling their friends and family.

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It’s just that simple!