No need to spend years saving up for a down paymentFor many people, one big barrier to home ownership is saving for a down payment. But First American Bank offers government-backed Federal Housing Administration (FHA) Loans that feature flexible credit guidelines and down payment requirements of as little as 3.5%. These flexible terms make the mortgage loans ideal for first-time homebuyers in Illinois, Wisconsin, Florida and beyond.
- Low down payment options
- Flexible credit guidelines (Credit scores as low as 620)
- Low interest rate and closing costs
- 15-year and 30-year repayment options
- Gift funds can be used for down payment
The staff know my wife and me by name and we're always treated courteously and professionally. I see no need to bank anywhere else.Share Your Story
First American has been our bank going on almost 20 years. Never an issue- always friendly no matter which location. Great customer service!Share Your Story