Mortgage Loans
Discover the Ideal Mortgage Loan for Your Unique Needs and Lifestyle
Get your dream home with a mortgage that fits you. At 1st National Bank, we make banking easy and put you first. Whether it’s your first home or a vacation getaway, we offer unbeatable rates and top-tier service.
Contact us now to find your perfect home loan. Bank your best™ with 1st National Bank!
HOMEPOSSIBLE Program
The HOMEPOSSIBLE Program is designed to make homeownership accessible and affordable, especially for first-time buyers. Whether you’re struggling with a large down payment or need assistance with closing costs, this program can open doors to your new home.
- Low 3% down payment
- Up to $2,500 in in down payment or closing cost assistance
- Lower interest rates
VA Mortgage
We are proud to offer VA loans to our nation’s veterans and their families. We are committed to providing affordable financing options and personalized service to help you achieve your homeownership goals. Our experienced mortgage team specializes in VA loans, ensuring a smooth and hassle-free experience.
- No down payment required
- No private mortgage insurance (PMI)
- Flexible credit requirements
- Local expertise
Fixed Rate Mortgage
At 1st National Bank, we offer a variety of fixed rate mortgage options designed to meet your unique financial needs. With a fixed rate mortgage, you’ll enjoy the stability of knowing your interest rate and monthly payment will remain the same for the life of the loan. This makes budgeting and planning easier for you and your family.
- Competitive interest rates
- Flexible down payment options
- Fast and easy online application process
- Local, personalized service from mortgage experts
- Options for first-time homebuyers and refinancing
New Construction Mortgage
At 1st National Bank, we understand that building your dream home is an exciting journey, and we’re here to provide you with the best new construction mortgage options. As your trusted community bank, we take pride in offering competitive rates, flexible terms, and personalized service to help make your vision a reality.
- Competitive rates
- Flexible terms
- Expert guidance
- Local decision-making
- Commitment to our community
Jumbo Mortgage
A jumbo mortgage is a home loan that exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA). With a jumbo mortgage, you can finance a higher-priced or luxury property that may not be possible with a conventional mortgage.
- Competitive rates
- Flexible terms
- Local expertise
- Personalized service
FHA Mortgage
FHA loans are ideal for someone that doesn’t have much set aside for a down payment, high debt-to-income (DTI) ratio, or if you have a lower credit score.
- Low down payment
- Lower credit score
- Higher DTI
- No income limits
USDA Loan
At 1st National Bank, we understand the importance of homeownership in building strong, vibrant communities. That’s why we’re proud to offer USDA mortgage loans, a government-backed home loan program that helps make homeownership possible in rural and suburban areas across the nation.
- Zero down payment
- Competitive interest rates
- Flexible credit requirements
- 15 and 30 year loan terms
Adjustable Rate Mortgage
An adjustable rate mortgage, or ARM, is a type of home loan with an interest rate that changes periodically based on market conditions. Initially, ARMs offer a lower interest rate than fixed-rate mortgages, making them an attractive option for borrowers looking for lower monthly payments or planning to move or refinance within a few years.
- Competitive rates
- Flexible loan terms
- Local expertise
- Personalized service
Federal Home Loan Bank - Welcome Home Program (2024 Closed)
Get down payment assistance for affordable housing in with the FHLB Welcome Home Program Mortgage from 1st National Bank. Apply for the Welcome Home Program grant and other grant programs today to learn if you qualify.
- Down payment assistance
- Closing cost assistance
- Government backed
- Grant money
Still have questions about our Mortgage Loans? Have us contact you.
Embark on a worry-free journey to homeownership by leveraging our expertise in mortgage applications. We invite you to take our Home BuyAbility Test, a valuable tool that will guide you in determining the right home price range for your needs. Gain confidence when applying for a mortgage loan with us, knowing you’re making well-informed decisions.
Is Refinancing the Right Choice for You? Generally, refinancing is worth considering when mortgage interest rates are at least two percentage points lower than your current rate. Whether you’re applying for a new mortgage to purchase your dream home or refinancing your existing mortgage, explore the benefits of our Homeowner’s Credit Line. This financial solution can help you save on application fees, reduce interest costs when borrowing, and potentially lower your tax liability at year’s end. For more information, contact one of our mortgage loan experts at (513) 770-3221.
