First Bank Overview
First Bank is a regional lender serving consumers in 3 states and provinces. First Bank offers a broad range of product offerings including conventional fixed mortgages in 15, and 30 year terms. In addition, First Bank offers 30 year adjustable rate mortgages (ARMs) in 5, and 7 year terms - Adjustable Rate Mortgages will stay at a fixed rate for an introductory period. After the introductory period, the payment and rate will change with current mortgage rates. First Bank also offers FHA mortgages to accomodate borrowers with lower credit scores as well as low down payments (to find out more about the low down on FHA Mortgages click HERE).
First Bank is a regional lender serving customers in the following states: Colorado, Arizona, California.
Lender fees include processing, underwriting, application, and origination charges. Unlike processing, underwriting, and application fees, an origination fee is based off a percentage of the loan amount similar to a discount point. First Bank has the following FIXED charges for each loan originated: processing - $950, underwriting - $0, application - $0. First Bank does not charge an origination fee.