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  FirstBank Home Equity Line of Credit

FirstBank Home Equity Line of Credit

in Home Equity Lines of Credit from FirstBank · NMLS ID #458768

Unaffiliated

FirstBank Home Equity Line of Credit

Unaffiliated

in Home Equity Lines of Credit from FirstBank · NMLS ID #458768

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Highlights
Loan Amount Starting at $5,000
APR  (Variable APR) N/A
Maximum LTV N/A

FirstBank Home Equity Line of Credit Review

FirstBank Home Equity Line of Credit is offered by FirstBank (NMLS #458768), a bank founded in 1963 and based in Lakewood, CO. FirstBank Home Equity Line of Credit is available in 3 states across the USA.

FirstBank Home Equity Line of Credit FAQ

Is there a minimum draw requirement?

No, there isn't a minimum draw requirement.

What fees does FirstBank Home Equity Line of Credit charge for a HELOC?

FirstBank Home Equity Line of Credit may charge a loan origination fee .

What types of property can you use as security for a HELOC with FirstBank Home Equity Line of Credit?

Lenders often have restrictions on the type of properties they will accept as security for a HELOC. FirstBank Home Equity Line of Credit will consider lines of credit secured by the following property types:

  • Primary homes.
  • Secondary homes and vacation properties

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Message From FirstBank Home Equity Line of Credit

With a home equity line of credit, you get the security of having money available when needed, and pay no interest until you use it.

Availability

  Available in 3 states
  • Arizona
  • California
  • Colorado

Feature Breakdown

No Prepayment Fee
Credit Score Range 680 - 840
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Intended Use
  • Investment
  • Primary Home
  • Secondary Home
Joint Loan Applications Accepted
  • Co-borrower
  • Cosigner
  • Individual Applications
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Minimum Age 18
Supported Income Types
  • Direct Deposit (W2, SSA, SSDI)
  • Cash
  • Payroll Check or Prepaid Card
  • 1099 Misc. Income
  • Tax Returns
Verification Documents Required
  • Recent Pay Stubs
  • Proof of Income
  • Loan Payoff Statements
  • Proof of Identity
  • Proof of Residence
  • Proof of Insurance
  • Government Issued Photo ID
  • Recent Bank Statements
  • Social Security Number
  • Driver License (or other photo ID)
Repayment Period 10 years
Loan Term Up to 10 years
Loan Amount Starting at $5,000
Interest Rate Types Offered Adjustable-Rate Mortgage (ARM)

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