First National Bank offers mortgage loans with a term of five years, but with the monthly payments based on either a 30 year payout or a 15 year payout (or less). This type of mortgage is commonly referred to as a baloon mortgage. At the end of the term, we will send you information on terms for another five year term.
Call one of our mortgage loan officers today to get our current interest rates and to setup an appointment to discuss your personal needs and have your questions answered.
General Mortgage Information
The following pages provide some generic information about the mortgage loan process. Not everything on these pages will apply to your particular loan with us.