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Purchase First Home Loan Program

What’s Purchase First?

Quite simply, Purchase First offers home buyers the fastest path to owning the home of your dreams. Whether you’re a first-time home buyer or someone wishing to move up to a larger space, Purchase First is designed to help potential buyers take possession of their home sooner! This offers an advantage, allowing home buyers the opportunity to be FIRST in line; ready to make one of the FIRST offers on a home; and the FIRST to own the home of their dreams!
 

How Does Purchase First Work?

It’s simple! With Purchase First, when a client is pre-approved with us, we can close their loan in as little as 14 days once they sign the purchase contract. Having the pre-approval gives you the edge before beginning to search for the perfect home.
 

As a bonus, for all pre-approved Purchase First applications submitted between March 1, 2017 - July 31, 2017, that close and fund by December 31, 2017, clients will receive a $250 gift card from First Bank as our congratulations for the new home purchase! In addition, if we’re unable to close your loan within our 14-day guaranteed timeframe, due to a delay by First Bank, we’ll credit you $250 at closing to be applied to the client’s closing costs.


First Bank’s Purchase First program offers other great benefits:

  • Convenience of direct contact with a single point-of-contact through the entire loan process.
  • Get a great rate on your mortgage loan.
  • Plus, 95% of our mortgages are closed and serviced by First Bank.

To participate in this expedited process, all applicable credit documentation must be provided at the time of loan application.
 


All First Bank clients are eligible for First Bank’s Purchase First program. If you know of anyone considering a new home purchase or for questions regarding Purchase First, please contact any of our Home Loan Consultants for details.

*To participate in this expedited process, all applicable credit documentation must be provided at the time of loan application. Under the Purchase First Program, First Bank will be ready to close your loan within 14 days if we pre-approve you. If your loan takes longer to close than we guarantee due to a delay by First Bank, we will credit you at closing with $250.00 to be credited towards your closing costs. Program available on all applications received between March 1, 2017 and July 31, 2017 that close and fund by December 31, 2017. See a Home Loan Consultant for details.