First National Bank is an equal housing lender. We can provide you with the financing you need to purchase the house you have been looking for by providing fixed-rate, low-cost home loans.

What We Loan
Our loan amounts are based on the purchase price of the house or it's appraised value, whichever is less. Of this amount, we loan up to 80%.

Interest Rates and Payments
The interest rates are fixed rates and are based on the New York prime interest rate. Loans are set up as three to five year balloon notes. At the end of each three to five year segment we may adjust the rate if needed and set the balloon balance up for another five-year period. Our payments are based on a fifteen or twenty year amortization period.

Low Cost
Our closing costs, which typically include an appraisal, taxes, title work, and filing fees, can all be financed with the loan. We have a 1% origination fee that can also be financed.

In-House Servicing
First National Bank services all Real Estate loans in house. What this means for you is that you will always make your payment to the same place without the hassle of changing addresses or bank names. We can make it even easier by having your payment automatically deducted from your account each month at no cost to you. Additionally, all payment options listed in the CONSUMER LOANS section also apply to our Real Estate loans.

For specific Real Estate loan questions contact Moe, Bob, Shan or Dan today. We would like to hear from you or email us at info@fnbelkhart.com.