FirstBank Mortgage Loans

Your home buying experience will be noticeably less scary with our straightforward mortgage options and truly helpful customer service.

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.

Learn More about FirstBank Mortgages and the Home-Buying Experience.

Tell us about your mortgage goals!

Complete the form below on the right and one of our loan specialists will contact you within one business day to discuss your mortgage needs. The form only takes 30 seconds and there is no obligation.

  • Required field.

At FirstBank, we want to make obtaining a mortgage as painless as possible. Here's how we do just that:

Honesty

Our mortgage officers provide straightforward mortgage options that are in your best interest. And because we do not receive mortgage commissions, you can be sure we're actually trying to help.

Low Rates and Fees

FirstBank has very competitive rates and strives to keep closing costs low, saving you even more money.

Fast, Friendly, Convenient Service

You can apply at any FirstBank location or over the phone at 866-964-2040.

Local Decisions

FirstBank officers personally underwrite most mortgage requests. You can have confidence that a decision will be made quickly by a real person who will actually listen to you and understand your needs.

Affordable Housing Programs

FirstBank has low closing cost options available with fixed or adjustable rate mortgages.

When you are ready to apply for a mortgage, FirstBank makes it easy.

Choose from the following options

When completing your mortgage application, have the following information ready

  • Name(s), current address(es), and social security number(s) for each borrower.
  • Previous addresses for borrowers who have been at their current address for less than two years.
  • Names and addresses of all employers within the past two years for each borrower.
  • Borrower(s) gross monthly income (including bonuses, dividend, and interest income).
  • Information about the property you are buying or refinancing.
  • Information about your assets and liabilities.

In order to verify the income used in your FirstBank mortgage application, you may be required to document your income. Typically this would require you to supply one or more copies of the following:

  • Recent pay stubs
  • W-2's
  • Federal Tax return(s)
  • Other similar information

Once you have applied, FirstBank will send you

  • Appropriate disclosures associated with your mortgage type.
  • An estimate of the costs associated with your mortgage.

As part of the underwriting of your mortgage, FirstBank will

  • Obtain a current credit history report of each borrower.
  • Order an appraisal along with obtaining a variety of other documents related to the property (i.e. title insurance).

Once all requested documents are received

  • Final underwriting of your mortgage request will take place.
  • A bank officer will review your appraisal, title commitment, and any additional financial information that has been obtained.

One of the last steps involved with your mortgage request is locking an interest rate

  • Because there are a variety of options to locking your rate, you will have the opportunity to discuss each option with a FirstBank officer.
  • Locking your interest rate ensures that it will not increase before you close your mortgage.

On the day your mortgage is scheduled to close

  • Your FirstBank officer will present you with the mortgage documentation you will be required to sign.
  • Your FirstBank officer will be glad to answer any questions you may have regarding your mortgage and the related documents.

The information below is intended to help you decide whether a fixed rate mortgage or an adjustable rate mortgage is right for you.

Fixed Rate Mortgage

OR

Adjustable Rate Mortgage

Compare Fixed Rate Morgage and Adjustable Rate Mortgage
  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
Terms 30, 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.

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.

Affordable and Super Affordable Housing Programs

  • Low closing costs.
  • Available with fixed rate or adjustable rate mortgages.

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.