Refinancing Your Mortgage
For many homeowners, interest rates now are lower than when they first received their original financing. By refinancing, you can lower your interest rate, thereby reducing your house payment each month. Refinancing is quick, affordable and can save you thousands in the long run.

VA (Veterans Affairs) Loans
These loans offer 100% financing without private mortgage insurance to American veterans or to their surviving spouses. As a VA “Automatic Lender,” First Home Mortgage has the privilege of helping serve eligible veterans with in-house processing, underwriting and closing of all VA loans as a refinance package, or as a first or second mortgage.

Jumbo Loan
First Home Mortgage is able to deliver so many types of loan programs, there’s no doubt we can help you achieve your goals. Contact your First Home Mortgage Loan Officer now to discuss your specific needs and questions. You’ll be informed about every possible loan option and be delighted with their service and expertise.

Fixed Rate Loans
These are the loans with which people are most familiar. They let you count on paying the same monthly amount over the life of the loan. Your First Home Mortgage Loan Officer can find you the lowest possible fixed interest rate, and can also explain the advantages of our loan terms – 10, 15, 20, 25 and 30 years.

Adjustable Rate Mortgages (ARMs)
ARM loans provide an initial fixed-rate period followed by an interest rate that will adjust periodically. They allow you to lock in a good rate, but are flexible in case rates go down, giving you the advantages of refinancing without the costs or paperwork. Your Loan Officer can discuss First Home ARM loans with you, including many short-term variable rate mortgages that adjust periodically based on current market conditions. ARM programs currently offered include 3-, 5-, 7- and 10-year initial fixed-rate periods.

Interest Only Loans
Many of our fixed rate and ARM programs allow for the payment of interest only for a specific time period, while still giving you the option of paying down the loan at any time without penalty. You should meet with your FHM Loan Officer to review the details.

Vacation Home Loans
Financing that perfect getaway? Whether it’s your second home or an investment rental, we have a number of loans to choose from, to make your vacation home possible.

Investment/Rental Property Loans
This area requires special expertise from your mortgage company. Find out about all the options you have available for this important business investment.

As you can see, First Home Mortgage provides a variety of loan products for every need and financial picture. The first step toward securing any First Home Mortgage loan product is contacting your First Home Mortgage Loan officer. You’ll be delighted at how easy and convenient they make the process, and you’ll definitely notice their partnership approach with you through every step
Beyond conventional home loans, we also offer lending programs specifically for first-time homebuyers who might need extra help with a down payment.

FHA Loans
These loan programs are insured by the Federal Housing Administration (FHA) and issued by qualified lenders, such as First Home Mortgage. We offer all of the current FHA loan programs, including home financing for purchase and refinance of owner-occupied homes, as well as the popular 203(k) rehabilitation loan.

First Home Mortgage is the preferred lender for many of State Bond money programs. We have grants and settlement loan expense programs that can be combined to create virtually no-cost loans for first time homebuyers with little or no housing payment history.

VA (Veterans Affairs) Loans
These loans offer 100% financing without private mortgage insurance to American veterans or to their surviving spouses. As a VA “Automatic Lender,” First Home Mortgage has the privilege of helping serve eligible veterans with in-house processing, underwriting and closing of all VA loans as a first or second mortgage, or as a refinance package.

Rural Housing (USDA)
100% financing available for homes in rural areas. In order to be eligible, household income must meet certain guidelines. Also, the home to be purchased or served must be located in an eligible rural area as defined by USDA.

Buying your first home should be an exciting investment - take the anxiety and confusion out of financing it by contacting your First Home Mortgage Loan Officer now. We’ll review your individual situation and ensure you are ready for settlement with a loan that is tailored perfectly for you.