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No need to spend years saving up for a down payment

For many people, one big barrier to home ownership is saving for a down payment. But First American Bank offers government-backed FHA Loans that feature flexible credit guidelines and down payment requirements of as little as 3.5%. These flexible terms make the loans ideal for first-time homebuyers.
  • 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
First American Bank is a full-service bank with branches in Illinois, Wisconsin and Florida.
Disclosures

Subject to credit approval. Standard rates apply. For additional product terms and conditions, please click here.