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Lowest Mortgage Rates – Jacksonville, NC

Homebuying 2 min read

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If you are looking for some of the lowest mortgage rates in Jacksonville, NC, your local First Bank can help. Now is a great time to buy a home in Jacksonville, North Carolina. The median sale price for homes in the area is decreasing, and First Bank’s versatile loan options can help you take advantage of the trend and put you in a cozy home at an affordable price.

Get traditional mortgage loans including government-backed loans, loans for professionals, and non-conforming loans. We also offer building and construction loans.

First Bank Offers Competitive Mortgage Rates on the Following Loans:

  • Adjustable Rate Mortgages. Interest rates that change periodically depending on various factors.
  • Fixed-Rate Mortgages. An interest rate and monthly mortgage payment that remains steady throughout the lifetime of the loan.
  • Jumbo Loans. A non-conforming loan for those with higher property values.
  • Government Loans. FHA, VA and rural housing loans.
  • Construction Loans. Financing for up to one year of new construction on a home.
  • Dream It, Own It Loans. First-time homebuyers complete a home-buying education session and select a home within certain geographies.

Lowest Mortgage Rates - Jacksonville, NC

Learn How to Get the Lowest Mortgage Rates in Jacksonville, NC

First Bank offers more than just competitive mortgage rates. We also offer up the knowledge needed by first-time or experienced home buyers, refinancing or builders with our Mortgage Know-How collection of articles and materials helpful to all home buyers.

You can also use our mortgage calculator to estimate your monthly mortgage payment or decide whether renting or buying is best for you.

Fill out a quick form and be contacted by one of First Bank’s Mortgage specialists within 48 hours or simply visit our Jacksonville, North Carolina branches on New Bridge Street or Western Boulevard.


Loans subject to credit approval.

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Sources:

Trulia: http://www.trulia.com/real_estate/Jacksonville-North_Carolina/

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Where to Get 15-Year Mortgage Rates If you’re ready to buy a home, you’re probably wondering where to get 15-year mortgage rates, or you may just be wondering what a mortgage is. First Bank will go over your options with you and help you determine what type of home loan is best, whether that be a 15-year mortgage, or a 3/3 adjustable rate mortgage. Types of Loans at First Bank Before we tell you how and where to get 15-year mortgage rates, we’ll go over some of First Bank’s mortgage options. We offer: Conventional loans Jumbo loans Government loans VA loans Construction loans Dream It, Own It If you are a first time home buyer, you’re probably looking for a conventional loan. We offer two types of conventional loans: fixed-rate and adjustable-rate. Adjustable-Rate Mortgages vs. Fixed-Rate Mortgages Conventional adjustable-rate mortgages (ARMs) have interest rates that will change periodically depending on shifts in a corresponding financial index that’s associated with the loan. This basically means that your rate will change, causing your monthly payment to increase or decrease. ARMs can be beneficial for some home buyers because they typically have lower initial interest rates than fixed-mortgages, and they provide homeowners flexibility. Conventional fixed-rate mortgages offer a more straightforward approach to home buying. With a fixed-rate mortgage, your monthly interest rate never changes, making it easier for you to set a monthly budget. A lot of people prefer fixed-rate mortgages because they offer protection from rising interest rates for the life of the loan. Secure a Mortgage with First Bank We hope you feel a little more prepared to take on a mortgage and buy the house of your dreams. If you’re ready to apply for a mortgage loan*, visit your local First Bank, or contact our mortgage loan experts. *Loans subject to credit approval. ———— Sources: Investopedia: http://www.investopedia.com/terms/a/arm.asp 2 min read