SuperMoney
  First Bank Home Mortgage Loan

First Bank Home Mortgage Loan

in Home Purchase Mortgages from First Bank · NMLS ID #51928

Unaffiliated

First Bank Home Mortgage Loan

Unaffiliated

in Home Purchase Mortgages from First Bank · NMLS ID #51928

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend First Bank Home Mortgage Loan to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Loan Amount N/A
Loan Term (Years) 5 - 30 years

First Bank Home Mortgage Loan Review

First Bank Home Mortgage Loan is offered by First Bank (NMLS #51928), a bank founded in 1906 and based in Creve Coeur, MO. First Bank Home Mortgage Loan is available in 3 states across the USA.

First Bank Home Mortgage Loan FAQ

What is the maximum loan term you can get with First Bank Home Mortgage Loan?

First Bank Home Mortgage Loan offers mortgages with terms ranging from 5 to 30 years. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

Does First Bank Home Mortgage Loan charge a mortgage origination fee?

Yes, First Bank Home Mortgage Loan may charge a loan origination fee.

What mortgage programs does First Bank Home Mortgage Loan offer?

First Bank Home Mortgage Loan offers the following mortgage types:

  • Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
  • FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
  • Jumbo: Any mortgage with a loan amount above the conforming loan limits set by Fannie Mae and Freddie Mac. As of 2018, the jumbo threshold is $453,100 in most of the United States.
  • USDA: A zero down payment mortgage loan with low rates for suburban and rural homebuyers.
  • VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.

What property usage types does First Bank Home Mortgage Loan allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. First Bank Home Mortgage Loan allows the following property usage types: 

  • Primary home
  • Secondary homes and vacation properties
  • Investment properties and house flipping projects
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 3 states
  • California
  • Illinois
  • Minnesota

Feature Breakdown

Credit Score Range 580 - 840
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
Intended Use
  • Investment
  • Primary Home
  • Secondary Home
Minimum Age 18
Property Type
  • Multi-Family Home
  • Single Family Home
  • Townhome
Verification Documents Required
  • Recent Pay Stubs
  • Proof of Income
  • Proof of Identity
  • Proof of Insurance
  • Government Issued Photo ID
  • Recent Bank Statements
  • Social Security Number
  • Driver License (or other photo ID)
  • Income Statement
Loan Term 5 - 30 years
Interest Rate Types Offered
  • Fixed-Rate Mortgage
  • Adjustable-Rate Mortgage (ARM)
Mortgage Programs
  • FHA
  • USDA
  • VA
  • Conventional Mortgages
  • Jumbo

Be the first to rate

 

Would you recommend First Bank Home Mortgage Loan to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

0%

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

Other Home Purchase Mortgages