The Yahoo Finance View: Third Federal may be a good option for a home buyer looking for incentives to sweeten the pot — things like low closing costs, first-time buyer credits, down payment assistance, or no-PMI options. However, the company does not offer government-backed loans and serves just 28 states. Third Federal Savings & Loan is a financial institution serving 28 states and Washington, D.C. It opened in 1938 and has physical branches in Ohio and Florida.The bank offers several mortgage products, ...