The Spring Homebuying Season Is Here! Here’s How First Bank Can Help.

Congratulations on deciding to purchase a new home! The spring season is often a busy time for homebuyers. Inventory is typically higher during this time, meaning buyers have more options. It’s also an ideal time for families to consider buying a new home as the end of the school year is nearing and a move to a new house in the late spring or early summer won’t be disruptive.

Here are a few programs we offer to consider.

First-Time Homebuyers

Someone who hasn’t purchased a residential property before is considered a first-time homebuyer. Luckily at First Bank, there are programs that can help buyers achieve their dream of homeownership. Our First-Time Homebuyer Loans are great for potential borrowers that have a modest income. You’ll be able to lock in low rates, get help with closing costs, and potentially receive down payment and/or closing cost assistance. Another solution to consider is our FHA Loans. These are ideal for borrowers with less-than-perfect credit, plus you’ll have the ability to purchase a home with a small down payment.

For more information on programs that can assist first-time homebuyers, read Need Help Buying a Home? There are Housing Programs to Help! 

Legal and Medical Professionals

If you’re in the legal or medical field, relocating to a new state or city can be daunting. Our Professional Home Loan Program is designed to help ease your relocation process by allowing you to qualify for a mortgage based on contracted income levels. You’ll be able to save long-term by not being required to pay private mortgage insurance, or PMI, you’ll benefit from lower down payment requirements, and you can choose between a fixed-rate or variable-rate loan. We’re ready to help make your relocation process go smoothly so you can get back to helping others in need.

Move-up Buyers and Expanding Families

Is your family growing and in need of more space? Are you interested in purchasing a vacation home for family gatherings? Whatever the need might be, sometimes a plus-sized mortgage is needed to fit your goals. Our Jumbo Home Loan is great for financing primary residences, second homes, and vacation homes. Choose from a variety of fixed-rate and adjustable-rate options, plus avoid paying PMI. Find a First Bank Mortgage home loan advisor near you to learn more and to get started.

Interested in purchasing a vacation home? Read Three Things to Consider Before Buying a Vacation Home to help determine your readiness.

Downsizing Homebuyers

Not sure what to do with all the extra space now that your children have moved out? It might be time to consider downsizing to a smaller home. Our fixed-rate and adjustable-rate mortgages are perfect for homebuyers looking to transition to a smaller space or reduce their living expenses. Work with an experienced First Bank home loan advisor for assistance on determining the best solution for you.

As you navigate the homebuying season this spring, bring First Bank Mortgage with you. We have the tools, knowledge, and experience to make your homebuying experience a great one. For more information on how First Bank can help you reach your financial goals, contact a trusted First Bank advisor.

Ready to get started?