Conventional Mortgages

First Home has superb rates and terms available for home purchasers, including fixed and adjustable rate mortgages, VA loans and more.

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