FHA Mortgage Loans
Your home ownership dream is closer than you might think
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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 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
- 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 locations in Illinois, Wisconsin and Florida.
Disclosures
Subject to credit approval. Standard rates apply. For additional product terms and conditions, please click here.
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