First State Bank
Home | Log In | Contact Us
  Home Contact Us About FSB Locations and Hours  
Personal   Business
Not a current user?  Click here
  Personal Banking
  Business Banking
  Online Banking
  Mortgage Loans
  Travel & Leisure Club
  Careers
Report lost or stolen debit and credit cards!
Switch to First State!
Switch to First State!
click here for more info
Bookmark This Page
Like us on Facebook
Mortgage Loans
 
Our experienced home loan consultants will help you determine what home loan is best for you. We invite you to call or come by our offices to discuss the rates and terms available. We offer competitive rates and terms.

Below is a summary of available financing options.

Conventional Mortgages
Conventional mortgages offer you the ability to fix your interest rate for 10, 15, 25 or 30 years with the most competitive interest rates available with up to 100% financing.

Adjustable Rate Mortgages (ARMS)
ARMs are tied to a market index and are popular with some borrowers. The interest rate on an ARM loan can adjust upward or downward according to a specific schedule. A "cap" limits the amount it may rise. A number of plans are available offering interest rates that are fixed for the first one, three, or five years.

Balloon Mortgages
Payments are amortized over a 25 year period. However, the loan does balloon after five, seven or ten years and the loan must be restructured for the remaining term.

Jumbo Mortgages For the buyer needing financing above conventional loan limits, we offer both fixed rate and adjustable rates loans in amounts ranging up to $1 million.

FHA, VA and USDA Rural Housing Loans
Our Mortgage Loan consultants have expertise in underwriting and processing these loans, which will mean quick approval and closing for you. There is no down payment required on VA and USDA Rural Housing loans and a very low down payment required on FHA Loans.

Contact Us
Go Back