You gave 100% for your country. We can do the same for your home financing.Veterans Affairs (VA) Loans are one way a grateful nation shows appreciation to veterans, active-duty service members and their families. Qualified applicants can finance up to 100% of their home's purchase price and benefit from many other friendly mortgage loan terms. Contact a First American Bank mortgage loan officer in Illinois, Wisconsin or Florida to get started.
- VA Loans are issued by First American Bank but are backed by the U.S. Department of Veterans Affairs
- Little to no down payment and no private mortgage insurance
- Low interest rates and closing costs
- No bank origination fees
- Borrowers can pay off their home loan at any point without a pre-payment penalty
- Seller assistance is allowed to help with closing cost
Subject to credit approval. Standard rates apply. For additional product terms and conditions, please click here. *Special Offer: $500 off your closing costs valid on first mortgage purchase applications and prequalifications received between 7/1/21-10/31/21. Loan must close by 12/31/21. Only available on 1-4 family home. Only applies to fixed rate Conventional, Jumbo, FHA, USDA, or VA loans. Not available for collateral properties located in Texas, Alaska, or Hawaii. Prior to closing you must set up an Automatic Funds Transfer (AFT) or Automatic Clearing House (ACH) to make the monthly payment on your loan, and within the first statement cycle you must elect electronic statements (requirement only applies to Conventional and Jumbo loans). Closing costs include only those fees and charges required by First American Bank as a condition of obtaining a loan. Title fees, as part of the closing costs, will vary by county. May not be combined with other promotions. Please see a banker for details.
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