First National Bank makes the home buying process smooth and worry free, whether you are purchasing your first home, would like to move to a larger home, or need to refinance your existing mortgage. At First National Bank we offer:
Competitive interest rates and closing costs
Prompt, local loan approval
Local servicing on loan products
Visit one of our convenient locations and check out the many advantages of a home loan from First National Bank.
Fixed Rate Mortgage A mortgage that provides for one interest rate for the entire term of the loan. The 15 and 30-year programs are two of the most popular conventional products that make up a great majority of the typical mortgage lender's activity. However, there are many more programs available that may suit the needs of your special borrowing requirements.
Adjustable Rate Mortgage These mortgages generally have lower beginning interest rates (and lower payments) than fixed rate mortgages. Typically a person who may only stay in a home for a short period of time may choose this product to reduce the mortgage costs during their limited stay in the home. Many borrowers choose this product to keep their mortgage payments at a minimum during the early years of a loan and if rates increase, the borrower’s income may also increase to help offset the impact on their budget.
Construction First National Bank specializes in helping customers build their dream home. The construction loan program provides short term financing for a specified period of construction with interest only up to a maximum of 12 months. Upon completion the bank will refinance the home for the long term with the appropriate loan program.
Unique Loans for Unique Circumstances As a locally owned bank, First National Bank can offer a wide range of lending programs to meet almost every need. Lot loans, bridge loans, temporary financing, investment property and even commercial loans for the small business owner.
