Talk to a mortgage specialist today at 866-964-2040 or visit any FirstBank location. FirstBank Online Banking customers can apply online after viewing rates.
|Fixed Rate||Adjustable Rate|
|Interest Rates||Interest rates stays the same for the life of the loan||Interest rates may increase or decrease over the life of the loan|
|Monthly Payments||Typically higher initial payments than an adjustable rate mortgage||Typically lower initial payments than a fixed rate mortgage|
30, 20, 15, 10, 7,or 5 year loan terms
(rate fixed for entire loan term)
30 or 15 year loan terms
(rate fixed for 7 or 5 years)
FirstBank Affordable Housing Programs are designed for those with low to moderate incomes, based on a percentage of the average income in your community. You can use these programs to buy a home or refinance your existing mortgage.
To find out more about our Affordable Housing Programs, please contact a loan officer at your branch, or call our mortgage specialists at 866-964-2040.