Whether you are buying your first
home, refinancing to take advantage of equity, or buying your first
car, First & Farmers has a loan that will help you achieve your
goals. Our commitment is to putting your needs first, and our
promise is to meet your needs with fast, efficient
First & Farmers Mortgage
Finding the right financing for your
needs can be confusing. First & Farmers makes home financing
understandable, easy and convenient. Whether you're interested in a
zero down payment mortgage, a loan that requires no closing cost,
or an adjustable or fixed rate mortgage, we have the loan to fit
your needs. Our experienced mortgage professionals work
closely with you from start to finish. There are many choices
in terms and rates based on your personal needs.
Looking for a home but not sure how
much you can afford? Our easy-to-use mortgage pre-approval program
shows you how much you can expect to borrow, so you can search for
a home with confidence. Once you are qualified, you are in a solid
position to negotiate price. Then, if you decide to buy, you have
already started the loan process, so you can close and move into
your new home faster.
Bridge/Swing Mortgage Loans
A Bridge/Swing Mortgage Loan is a
short-term loan secured by a mortgage on your present home.
It allows you to utilize equity from your current home to complete
the purchase of a new home before your present home is
Construction Mortgage Loans
If you are building a home, you may opt
for a First & Farmers Construction Mortgage Loan tailored to
your project's particular requirements.
Home Equity Loan
A home equity loan is a fixed-term loan
allowing you to borrow a predetermined amount for a fixed period of
time. Similar to our Personal Installment Loan, this loan is
available with fixed and variable rate options, and terms ranging
from 5 to 20 years. However, a Home Equity Loan will benefit you
because your interest payments may be tax deductible. (Consult your
tax advisor for details.) This loan is ideal for consolidating
debt, paying for home improvements, college tuition or any other
Home Equity Line of Credit
A home equity line of credit offers the
flexibility to draw from your line time and time again. You simply
make monthly payments based on a small percentage of your used line
of credit. You enjoy the benefits of tax deductibility of interest
payments just as a traditional Home Equity Loan. (Consult your tax
advisor for details.) This line of credit is ideal for any type of
purchase large or small.
Personal Installment Loan
A Personal Installment Loan is
structured to be paid back in regular installments over a specified
timeframe. This type of loan is available with fixed rate, and
offers various terms ranging from a few months to a few years. The
Personal Installment Loan is ideal for purchasing new or used
automobiles, boats, RVs, and other expensive items.
Thanks for choosing First & Farmers
National Bank to serve your financial needs!