Fluctuating Rate Loan

A First Bank Adjustable Rate Mortgage Loan offers an interest rate that fluctuates over the life of the loan. If you want a lower interest rate during the initial stages of owning your home, an adjustable rate mortgage loan is an attractive option. 

Features

  • Popular choice if you expect your household income will rise in the future
  • Dividend opportunity should interest rates decrease during the life of the loan
  • Includes interest rate caps that sets a limit on how high your interest rate can go

Get Started / Questions?

Step 1

  • Review the Residential Loan Application.  The Loan Application provides an overview of all the required information that must be completed for our Mortgage Team to discuss which loan best fits your needs.  Important! To keep your personal information secure, do not email your completed application to us. After you establish a contact, your Mortgage Loan Consultant will guide you through your submission process. (Go To Step 2)

Step 2

  • Find a Mortgage Loan Consultant in your area.  We will answer any questions you may have, discuss your Loan Application and any required forms we will need.  Once you establish a relationship with a Mortgage Loan Consultant, we will work diligently to move you through the loan process, and you will enjoy a single point of contact from application to close.

Step 3

  • View or print the Mortgage Application Checklist and review the list to ensure you have the necessary information and paperwork to begin the loan approval process.   


Current Clients (Support)

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