Skip to main content
_FB_2018-Icons-finalized-cleaned-up_new_FB_2018-Icons-finalized-cleaned-up_newGroup 9
Back
Scroll to top

Jumbo Loans

First Bank designs loans just for high-value properties like yours.

Get a loan that goes the extra mile.

If your property is worth more than most, consider a jumbo, or non-conforming, loan. A jumbo loan is for loan amounts higher than Fannie Mae and Freddie Mac’s maximum conforming limits. It’s designed with people who can handle higher monthly mortgage payments in mind.

Perfect for you if:
  • You’re looking for flexible loan options for high-value properties.
  • You’d like to explore extra features like interest-only payments.
  • You can afford higher interest rates in exchange for unique terms.

Loan Features

  • A non-conforming loan with mortgage amounts above the maximum conforming loan limits, up to $1 million.
  • Availability in a variety of fixed-rate and adjustable-rate loan options.

Loan Benefits

  • Provides the convenience of one loan for the entire loan amount and the choice of a variety of loan options.
  • For those looking for loan amounts up to $2.5 million, we also offer a private banking option, which can offer greater flexibility than our traditional jumbo loan when needed.

Terms

Offering a choice between fixed or adjustable-rates, our jumbo loans offer maximum flexibility for home financing on larger loans.


Apply online today

Applying for a First Bank mortgage is fast, easy and secure. Before you begin, have the following information on hand.

Financial Information
  • Income
  • Your total assets
  • Monthly expenses
Property Information
  • Estimated purchase price and down payment amount (if buying)
  • Estimated property value and loan amount (if refinancing)
Work with a local mortgage specialist

Loans are subject to credit approval.

Trending Topics

What Is the Best Savings Account for Kids

The success of child savings accounts has been well documented. We can probably all agree that a savings account for kids is a good decision, but what is the best savings account for kids? First Bank offers a savings...

Is It Possible to Get a Mortgage Refinanced with No Closing Costs?

When it comes to refinancing a mortgage, you need to spend money to save money. Closing costs can amount to thousands of dollars, depending on the home loan. This is why the prospect of a mortgage refinance with no closing...

Find the Best Savings Account Rates at First Bank in North Carolina

Finding the best savings account rates in North Carolina can be beneficial for many reasons. Whether you want to save money in the case of an emergency or start a fund for your child’s education, having the right savings...

Read These Articles on Personal Financing

Knowing your finances is the first step to properly managing them and to ensuring you are in good financial standing. But how do you get started? Reading personal financing articles can be a huge help when it comes to...

Hassle-Free Savings Account – High Point, NC

Saving your hard earned cash shouldn’t be a hassle. At First Bank in High Point, NC, we understand the importance of saving and we want to make sure our customers aren’t worried about their savings accounts. First Bank...

What Are 20-Year Mortgage Rates?

There are various factors to consider when purchasing a home, including how to finance it. Some consumers may opt for a mortgage with a shorter term while others find it beneficial to extend the mortgage. It may be best to...

High Interest Checking Accounts In Florence, SC

If you are looking for a high-interest checking account in Florence, South Carolina, look no further than your local First Bank. Our high-interest checking accounts provide you with a safe and convenient way to store your...

Rental Property Mortgage Rates – Florence, SC

Owning a rental property is a popular way to build some equity, qualify for tax benefits and earn some easy cash.* In Florence, SC, competitive rental property mortgage rates can be found at our First Bank locations on...

Checking and Savings Account – Washington, NC

If you’re looking for a checking and savings account in Washington, North Carolina, there is one obvious solution: First Bank on West 15th Street. With friendly service and flexible options—First Bank is Washington, North...

Small Business Loan Requirements – Sanford, NC

Starting a business takes innovation, courage and commitment. It also means satisfying a number of small business loan requirements. At the top of that list is finding a cooperative lender who is willing to work with you...