Finance Your Dreams with a Non Recourse Loan Today!

We Lend On:

  • Residential Property

  • Multifamily and Apartments

  • Commercial Property

  • Ag Land with Lease Income

  • Vacation Rental by Owner

Non Recourse IRA Loans

The main difference in our bank is: “We run our bank like a business, not a bank”

We are excited to be able to offer IRA Non-Recourse Lending to assist you in your retirement financial goals! First Western Federal Savings Bank has been a portfolio lender for over 30 years and we have never sold a loan we have originated. We take great pride in our blunt, honest answers to your real questions. The same person will work your application from start to finish, so you always know the status of your deal.

Call us today to find out more about buying real estate with an IRA non recourse loans, self directed IRA loans, and the lending options we can offer to you.
Call us at: 1-800-908-8845 or locally 605-341-1203

We Are Different than other Loan Providers

First Western Federal was founded in 1979 as a portfolio lender. Since the beginning we have been committed to providing exceptional customer service, quick responses, and common sense answers. Our unique style of banking allows the customer immediate access to all decision makers and reasons to questions rather than blaming policies. Our main focus is customized lending on income producing properties. We lend in all 50 states on SFD’s, 5+ units, commercial real estate, and agricultural properties. The bank also specializes in “self-directed IRA” loans by providing “non-recourse” loans.” This includes IRA LLC’s, 401 K plans, and custodian IRA’s. We service all of our loans in order to provide accuracy and quick responses to any question. Our success of repeat customers is just one of the rewards of our quality service. All of our employees have decades of banking experience. Each loan officer has decision making authority, giving the customer immediate feedback as to any potential loan request.


“I have partnered with First Western FSB for 3 years to work as my “go- to” lender for my non-recourse investments properties. I like working with them because they make it easy to do business and process and close my loans on time.  I enjoy the small town feel I get in working with First Western.  I can call and get right through every time I call.” – Paul M.