When you're ready to make your next move, whether across town or in a different state, contact our knowledgeable real estate loan officers for more information on your options for a home mortgage. We help customers understand their options and put money in place to make the transition as smooth as possible. Our mortgage bankers provide the financial knowledge backed with solutions and support.
Home Mortgage Loans
First National Bank offers a variety of loans, tailored to meet your specific needs and budget to either purchase a new home or refinance your current home. We pride ourselves in being family-owned, giving us the ability to make decisions quickly.
We have the capabilities to offer big bank rates with our small town service. We can provide low rates, experience and great service for loans including conventional fixed-rate mortgages, federal first time home buyer programs, construction financing, in-house adjustable-rate mortgages as well as government loans—FHA, VA and USDA Rural Housing Loans. Your payments stay local with a bank you know and trust.
Home Equity Loan
Whether you're looking to make improvements or renovate your home, consolidate debt or pay for college tuition, a home equity loan with First National Bank is an ideal solution. We offer loans specifically designed to fit your needs. Our local payments and support, competitive rates and personalized service sets us apart to ensure a smooth process in securing a home equity loan.
The amount you can borrow is largely determined by taking your home's appraised or fair market value and subtracting the balances of any outstanding mortgages and liens on the property.
Home equity loans have a set repayment schedule over a specific period of time. Interest payments on a home equity loan or line of credit may be tax deductible. Consult your tax advisor regarding deductibility of interest.
Home Equity Line of Credit
Much like a home equity loan, home improvements and debt consolidation are two of the most popular uses of a home equity line of credit financing. Other uses may include paying for major expenses like a wedding, your child's education or car repairs.
The amount you can borrow is largely determined by taking your home's appraised or fair market value, and subtracting the balances of any outstanding mortgages and liens on the property.
With a home equity lines of credit, you will receive a bill each month that you carry a balance. You are only obligated to pay the monthly interest payment. The line of credit feature allows you to pay more than the interest payment when you are able and then borrow from the line again. Interest payments on a home equity loan or line of credit may be tax deductible. Consult your tax advisor regarding deductibility of interest.
For ultimate convenience, you can make a loan payment online, regardless of whether you have a checking account with First National Bank, by using our Online Loan Payment Portal. If you do have a checking or savings account with First National Bank, please make your loan payment through MyBank Anywhere to ensure faster processing.