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.
a large home

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 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 $1.5 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
  • Estimated property value and loan amount
Work with a local mortgage specialist

Loans are subject to credit approval.

Featured Articles

Home Mortgage Calculator from First Bank

A home mortgage calculator can help you determine your monthly mortgage payments. This will help you financially prepare for that future purchase, whether you are a first-time homebuyer or seeking a vacation home. You can...

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...

Small Business Loans for Women – Asheville, NC

Asheville, NC, has plenty of resources available for women entrepreneurs and business owners, making it a great choice for any women looking to start a business. If you’re an aspiring entrepreneur, First Bank offers plenty...

Save Money with This Refinance Calculator for Home Mortgages

When mortgage interest rates are low, homeowners should compare their current mortgage terms with the option of refinancing. By locking in the right rate, homeowners can take advantage of significant savings. Curious to...

Community Bank for Small Business

Since 1935, First Bank has been the go-to community bank for small business owners. Our first branch opened in Troy, NC, where we helped farmers and local business owners manage their funds. We have continued to evolve to...

How Much Should I Have in Savings at Age 35?

How much money should you have in your savings account at the age of 35? It largely depends on when you started saving, your income and lifestyle, and whether you carry consumer debt. Savings for Adults in Their...

Where to Get Small Business Loan Rates

So you’ve decided to start a small business, and you have everything sorted out. Business plan…check, location, check. Small business loan rate quotes….not checked. Okay, so you have almost everything sorted out. You’re...

New to Working From Home? Here’s How to Do It Safely

To help mitigate the threat of COVID-19, businesses and employees are finding themselves taking part in the biggest “work from home” experiment ever tried. If you are one of those business owners or employees, here are...

Get the Best Checking Accounts from First Bank in Wilmington, NC

If you are looking for some of the best checking accounts in Wilmington, NC, you are in the right place. With several convenient locations in Wilmington, each offering six types of checking accounts, it’s easy to see...

Checking Account Offers – Asheville, NC

If you live in Asheville and want to open a checking account, visit your local First Bank. We offer checking accounts for individuals and business owners looking to open an account with a bank that values what they need....