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Need a new loan? Whether you're buying a car, a home or planning a wedding, First Bank & Trust Co. can accommodate you. Check with any of our Consumer Lenders for the latest rates.
You can get a head start by printing off the appropriate Loan Application. Just print it, fill it out, and bring it to any one of our conveniently located
Banking Centers.
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Auto, Boat, R.V. & Motorcycle Loans |
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- Rates vary
- Credit is based on credit history, income, debt
ratio, down payment, and banking relationship with First Bank & Trust Co..
- Term of these loans vary according to year and model.
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- Basically for any reason - medical expense, vacation, taxes...
- Personal loans are usually secured
- Rates vary by collateral and length of the loan.
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First
Mortgage Primary Residence Loan
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Purchase of new home
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Refinance home
Additional or Second Mortgage
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Loan can be made for any purpose
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Interest may be tax deductible (Please consult your tax advisor for more information)
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Sometimes termed "Home Equity Loan"
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Loans available through our
Fixed Rate Mortgage Department |
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| Visit www.1stbankapp.com to apply online!
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Conventional Loans
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Quick Approval
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Loan
up to 95% of the purchase price/value of the property
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Maximum Loan Amt - $417,000.00
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10,
15, 20, 30 year terms
- Private Mortgage Insurance is required on loans
over 80% of the value of the property
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FHA Loans
- 3.5 % Required Investment
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Loan up to 96.5% of the purchase price/value of the
property
- Maximum loan amount -
$271,050.00
- 15 & 30 year terms
- Seller can pay up to 6% of buyer's closing costs
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VA Loans
- Loan up to 100% of the value of the property
- 15 & 30 year terms
- Seller can pay pre-paids and closing costs up
to 4% of sales price
- Guaranteed and approved by VA
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Rural Development Loans
- Loan up to 100% of the value of the property
- 30 year term
- Closing costs can be financed if appraised value will support this increase and if the ratios will support the higher loan amount.
- This program is designed for rural communities
- Income limits do apply on this program
- Guaranteed Loan by USDA
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Jumbo Loans
- Loan amounts between $471,001.00 to
$2,000,000.00
- Criteria varies depending on loan amount.
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