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Mortgage Know-How

Learn about and plan for a mortgage that meets your needs.

What Kind of Homebuyer Are You?

Select a category below to find articles curated for your specific needs.


Browse All the Mortgage Articles and Guides

The First Bank Mortgage Center is a one-stop shop for mortgage know-how. For specific material that fits your financial picture, choose an interest from the drop-down menu.

Am I Ready to Buy My First Home?

Undoubtedly, one of the most significant financial milestones in life is the purchase of your first home. And there are many benefits to homeownership.

Mortgage Basics

As exciting as this time in your life can be, it’s important to remember that this is a very big decision. Before you take out a loan, you need to be sure that you understand the basics of the mortgage process.

5 Reasons to Consider a Home Equity Line of Credit (HELOC)

Your home is your most valuable asset and investment. A home equity line of credit can provide many benefits for those with good credit and a chunk of their mortgage paid off.

15-Year vs. 30-Year: The Ultimate Mortgage Showdown

Choose the mortgage plan that’s right for you. To do that, consider the basic difference between a 15- and 30-year mortgage, and the advantages of each.

New Construction vs. Existing Home: Points to Ponder

if you’re weighing the pros and cons of buying a new versus an existing home, you won’t make a decision based on aggregate data. You’ll be comparing specific options. Here are some factors to consider.

From One Home to Another: Should You Sell or Buy First?

It’s time for an upgrade. You're ready to sell your current home and move into a new one, but you don't know which you should do first, right?

What Are All These Fees?

You expected that buying a home would mean paying principal, home insurance, taxes, interest, and maybe mortgage insurance. But what are all these other fees you’re getting hit with on closing day?

When to Refinance Your Home

Here are some common scenarios where refinancing your mortgage makes sense.

A Primer on Investment Property Mortgages

The idea of purchasing an investment property can be enticing. Before you jump in and become a landlord though, you should fully understand everything that is involved in qualifying for an investment property mortgage and owning an investment

5 Things You Need to Know Before You Become a Landlord

Seriously, how hard could it be to be a landlord? Not so fast, eager capitalist. Here are 5 items to cover before you decide to become a landlord.

Give Property Investing the Old College Try

If you’re interested in investing in a rental property, I’ve got 2 words for you: college towns.

Protect Your Home from Mother Nature [INFOGRAPHIC]

Mother Nature can do some major damage to your home (and your bank account) if you don't take the necessary precautions. You can protect your home and save money by keeping the elements at bay.

Catching Up With A Professional Loan Program Customer

If you’re a doctor, dentist, lawyer, CPA, pharmacist, or veterinarian purchasing a primary residence, First Bank offers the Professional Loan Program, which allows for 100% financing. We caught up with one professional loan customer, dentist Jim

3 Questions to Ask Yourself While House Hunting

House hunting is fun but it is also difficult if you're not fully prepared. Here are 3 questions you should always ask while looking for a new home.

What is PITI? [INFOGRAPHIC]

The infographic below helps to illustrate how each component is different. We have also provided examples of the average home cost and the associated PITI for the states that First Bank serves. We hope it helps!

16 Secrets Every Homebuyer Should Know

Whether you're buying your first home or your tenth, it's always a good idea to brush up on the home buying process. That's why we've put together "16 Secrets Every Homebuyer Should Know".

6 Things To Know When Buying a Second Home

Essential tips for second home buyers whether you plan to keep it as a vacation spot or as rental income.

Which Renovations Give You the Most Bang for Your Buck?

A home renovation can make your house more comfortable and efficient. Despite what you might see on HGTV, though, renovating isn’t easy, and you won’t always make big bucks when it’s time to sell your home.

2014 Home Decorating & Remodeling Trends [INFOGRAPHIC]

Whether you work in the industry or are a do-it-yourselfer, you’ve been keeping an eye on the latest trends and most popular design features. From the brass comeback to going green, First Bank presents some up-and-coming ideas for updating your

Buying a Foreclosed Home

There’s a house you love, but it’s in foreclosure and you don’t know what to do. Find out how to get a great deal and avoid the foreclosure pitfalls with this white paper.

Tips for Buying a Mountain Home

From the Smoky Mountains to the Uwharries, it’s hard to find anyone in our area who hasn’t vacationed in a mountain home with friends or family at least once. Living near the beautiful Appalachians, who could blame them? But while buying a

You're Upside Down . . . Now What?

A look at one of the least appealing sides of home ownership—being “upside down.”

Choosing Sides: The Best Siding Materials for a Home

New siding can give an old, tired-looking home a total facelift, and perhaps surprisingly, it can be a relatively inexpensive change. Here are the pros and cons of some of the most popular types of siding.

5 Hottest Building Materials in 2014

As new home construction and design technology is developed and perfected, building materials and fixtures in homes evolve. We’ve searched the country for the latest and greatest products that you can incorporate into your renovation.

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