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Kankakee Mortgage Loan Special

At First American Bank, we care about our customers and community. That's why for a limited time only, First American Bank is offering residents in Kankakee County a mortgage special that is tough to beat. Plus at First American Bank, you'll  get the personal attention and service you deserve every step of the way.

   

 

Term
Amount
Rate (%)
Annual
Percentage
Rate (%)
Points
(%)
Payment
per $1,000
Closing Costs*

15 year

$30,000 - $453,100

3.750

3.844

0.000

$7.27

$1,252 + title*

30 year

$30,000 - $453,100

4.375

4.430

0.000

$4.99

$1,252 + title*

Take advantage of our new low rates and get the following:

  • Ease of application
  • Fast approvals
  • Warm, personal service

If you're looking to purchase a new home or you'd like to refinance, we make it easy and we're here to help you every step of the way. Call or stop by one of our convenient Kankakee County locations and get started today!

Kankakee - 101 Meadowview Center (815) 935-7000
Bourbonnais - 288 N. Main Street (815) 935-7052

Apply Now 


Additional Information

Subject to credit approval. Standard rates apply. *Title fees, as part of the closing costs, will vary by county. Please see a banker for details.

Offer for no risk appraisal is only available for single family homes and non-commercial customers.

Rates are subject to change at any time without notice. Quoted rates can be locked for 60 days and are based on the purchase/refinance of a single family home to be used as a primary residence. Rates and terms are not guaranteed until application is completed and rate is locked by a First American Bank mortgage loan representative. Rates and programs are subject to limitations. Call for program availability. All programs are fully amortized loans that require monthly payments of principal, interest, and any required escrow payments for the term of the loan. The above payments do not include amounts for taxes and insurance premiums. Therefore, the actual payment obligation will be greater. The exact monthly payment of a loan will vary depending on the term of the loan, the amount and the Annual Percentage Rate (APR) at the time of loan approval. Available loan amounts range from $30,000 to $650,000. Please call for rate information on loan amounts not shown in the table.

Conventional Loan APRs: Are based on a loan amount of $175,000. We assume a 25% down payment with no Private Mortgage Insurance (PMI) and based on payment for the full term. APRs will vary due to the cost of PMI (if necessary), title company fees, loan points based on your credit score and actual loan amounts.

 

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