Happiness is owning your own home!
At InFirst Bank, we aim to make the mortgage process as simple as possible for you. Whether you’re buying a home, needing to renovate your current home, or looking to refinance an existing mortgage, our experienced lenders provide helpful, personal service. We’re here in your community, whenever you want to pick up the phone or stop by – eager to answer your questions, help you choose the best loan for your situation, and offer lending advice. When you’re ready to take the next step, we’re ready to make you feel at home!
Here is a current list of mortgage products offered at InFirst Bank:
Are you a medical doctor, attorney, CPA, or have your PHD and working in your field of study? Then our Professional Mortgage may be a perfect fit for you!
Maximum term is 30 years. No private mortgage insurance required. Maximum loan-to-value is 97%. Monthly housing expense-to-income and debt-to-income ratio will follow our general loan policy guidelines.
Posted rates are for well qualified borrowers. Final rate is determined by credit score.
InFirst Bank’s Hometown Hero Mortgage is a program that helps Law Enforcement Officers, EMT’s, Firefighters, Active/Retired Military Personnel, or a Nurse. You selflessly help others and make our communities a better place to live and work. Our Hometown Hero Mortgage is our way of saying ‘thank you!’ for all you do for us!
Maximum term is 30 years. No private mortgage insurance is required. Maximum Loan-to-Value is 90%. Monthly housing expense-to-income and debt-to-income ratio will follow our general loan policy guidelines.
Posted rates are for well qualified borrowers. Final rate determined by credit score.
Our First Time Homebuyer mortgage is for individuals who: have not owned a home within the past 3 years or owned a home jointly with a spouse, but not individually, within the past 3 years. This definition includes a married couple if either has not owned a home within the past 3 years.
Counseling required to prepare for homeownership; including mandatory topic of predatory lending. Counseling must be completed by at least one adult resident homebuyer. Maximum loan-to-value is 90%. No private mortgage insurance required. Maximum term is 30 years.
Posted rates are for well qualified borrowers. Final rate determined by credit score.
An adjustable-rate mortgage (ARM) is a mortgage in which the interest rate changes at predetermined intervals. The interest rate will increase or decrease based upon an index which reflects the current money market rate. The change in interest rate will also change the borrower’s monthly payment. To protect the borrower from “Payment Shock”, the loan has preset limits as to the amount the interest rate can change both annually and over the life of the loan.
Posted rates are for well qualified borrowers. Final rate determined by credit score.
Purchasing a home that needs a little TLC? We can help make it your dream home! Our Purchase Plus Mortgage will let you Purchase AND Renovate all in one loan!
Posted rates are for well qualified borrowers. Final rate determined by credit score.
Building a new home? We can help! With a Construction Loan from InFirst Bank, you can finance the building of your home from start to finish, build a large addition onto your existing home, or build a modular home or double wide on a foundation.
Posted rates are for well qualified borrowers. Final rate determined by credit score.
Our Refinance Plus Renovation Mortgage is a loan for refinancing a current mortgage where additional funds are needed for renovations.
Work must be completed by an approved contractor. Maximum loan-to-value is 85%. InFirst Bank must be 1st in lien position.
Posted rates for are well qualified borrowers. Final rate determined by credit score.
If you’re purchasing a MANUFACTURED HOME then this may be the mortgage for you. The following criteria is for both the purchase of an existing manufactured home & the refinance of a manufactured home.
The following criteria applies to CONSTRUCTION LOANS for a Manufactured Home
Maximum loan-to-value is 85%. PMI will not be offered.
USDA, FHA, and VA are government loan programs that offer the borrower lending solutions with little or no money down.
| 100% loan-to-value | Up to 6% seller contribution allowed |
| No down payment required | 30-year fixed rate |
| No cash reserves required | Purchase only |
| One-unit primary residence | Home must be located in HUD rural area |
| Maximum county income limits apply | InFirst Bank is not acting on behalf of, or at the direction of the VA, FHA, USDA or Federal Government |
| Minimum FICO = 640 (may consider lower FICO with compensating factors) | no |
| 15 or 30 year term, fixed | No reserves for 1 to 4 unit properties |
| 96.50% loan-to-value allowed for purchase transactions | 100% gift from family member allowed for down payment |
| Single-family, 2-4 units PUD condos & manufactured homes | Owner-occupied primary residence |
| 97.75% for rate & term refinance | 85% loan-to-value for cash-out |
| Minimum FICO = 620 | InFirst Bank is not acting on behalf of, or at the direction of the VA, FHA, USDA or Federal Government |
| 15, 20 & 30 year terms, fixed | Loan-to-Value up to 100% |
| No down payment required as long as sales price does not exceed appraised value | No private mortgage insurance required |
| Purchase, rate, term & cash-out refinances available | Closing costs may be paid by seller |
| Borrower must have a valid Certificate of Eligibility | InFirst Bank is not acting on behalf of, or at the direction of the VA, FHA, USDA or Federal Government |
Current Rates
Mortgage Resolution and Information Requests
Nationwide Mortgage Licensing System & Registry Search
Mortgage Escrow – Property Tax – Insurance and Information Requests
**PLEASE NOTE**
Contact a Mortgage Loan Originator