First Time Home Buyers
This program allows for 100% financing
of the purchase price with no down payment
for qualified borrowers.
Balloon
Mortgage
A variety of terms are available and payments are computed
(amortized), resulting in lower monthly payments. The "balloon" balance at the end of the loan must be paid in full or can be renewed.
Bridge
Loan
This loan helps people who want
to buy a home but have not yet sold their
current home. “Bridge” the financing
of both homes until the current home is sold.
Jumbo
Mortgage
As the name implies, “Jumbo” mortgages
are larger than normal fixed rate and
adjustable rate mortgages. Servicing of these
loans is not retained by Firstbank.
First-time Home Buyer Tax Credit
The American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009.
Learn more.
