Mortgage
Find the right mortgage loan. We offer a variety of specialized mortgage loans that are right for you. Learn more about our Super Jumbo Loans, Affordable Housing Programs and Reverse Mortgage Loans.
FBT Mortgage will Find a Home Loan Solution that Works for You
FBT Mortgage, LLC, a wholly owned subsidiary of First Bank and Trust, wants to help you in the American dream of home ownership. Whether you are a first-time home buyer or trading up to a larger home, FBT Mortgage will work hard to find a home loan solution for you.
Did you know there are dozens of loan options available to home buyers? FBT Mortgage can help you to make the best decisions and simplify the overall process. FBT Mortgage lenders are knowledgeable, experienced and resourceful. With our credit and loan processing expertise, we give customers faster approvals and on-time closings.
Review the most popular types of home mortgages to understand the kind of loan that might suit your needs best and then speak with a lender about making your home dreams a reality.
Mortgage Loan Choices
| Conventional Fixed Rate Loans |
FHA and VA Loans |
Adjustable Rate Mortgage Loans |
Jumbo Loans |
|---|---|---|---|
| Purpose | |||
| Most often used for buyers who expect to have long-term home ownership | Created by the Federal Government to increase home ownership with competitive interest rates and a low or no down payment | Most often used for buyers who plan to have short-term home ownership | For home purchases in excess of $417,000 |
| Benefits | |||
| Monthly principal and interest payments remain the same for the life of the loan | Provides for easier qualification requirements for first-time home buyers | The initial interest rate is typically lower than a conventional fixed rate loan meaning lower monthly payments for the buyer | Allows for long-term and permanent financing of a luxury home |
| Rate | |||
| Fixed | Fixed | Adjustable | Fixed or adjustable |
A home loan from FBT Mortgage has no prepayment penalties for partial or full payment before the maturity date. We work to make the process of buying a home simple and uncomplicated with quick approvals. At FBT Mortgage, our pledge is to offer competitive rates, exceptional service and financial options focused on customer needs.
First Bank and Trust mortgage lenders are authorized to conduct business in the state. Check your mortgage lender's status and work history by clicking www.nmlsconsumeraccess.org.
Equal Housing Lender