FirstBank Mortgage is proud to offer our military members the Veteran’s Affairs (VA) loan. The VA loan gives our veterans the option to refinance with a lower interest rate through an interest rate reduction refinance loan (IRRRL) or cash out. Your FirstBank Loan Officer would be honored to assist in lowering your monthly payments.
If you’re a homeowner that has made timely payments but your home value has declined, this loan may be right for you. FirstBank Mortgage proudly participates in the Home Affordable Refinance Program. Your trusted Loan Officer will work diligently to you get a new, more affordable and stable mortgage.
With a fixed-rate refinance loan, your interest rate and monthly payment will stay the same for the entire term of the home loan. If you plan to stay in your home for a long period of time or simply like the idea of a predictable rate and payment, this option may be best for you. Contact your FirstBank Loan Officer to learn more about this popular opportunity.
Based on your current rate, a Federal Housing Administration (FHA) refinance loan may help to reduce the interest rate on your mortgage, therefore lowering your monthly payment. Your expert FirstBank loan officer will help you decide if this loan is a good option for you.