Find the Right Mortgage for Your Next Move
Get a $500 Closing Cost Credit on qualifying mortgage loans*
For a new home purchase when you sign up for automatic loan payments and eStatements. Offer ends October 30, 2026.
Mortgage solutions for every homebuyer
Whether you're buying your first home or looking for more space, we're here to help you find a mortgage that fits your budget and goals. First American Bank offers a variety of home loan options, including:
Our local mortgage specialists can help you compare your options, answer your questions, and guide you through every step of the homebuying journey.
| Product | Rate | APR | Points |
|---|---|---|---|
30 Year Fixed Rate Terms and Conditions | 7.125% | 7.273% | 0.000 |
15 Year Fixed Rate Terms and Conditions | 6.625% | 6.860% | 0.000 |
Jumbo 30 Year Fixed Terms and Conditions | 7.625% | 7.652% | 0.000 |
FHA 30 Year Fixed Terms and Conditions | 6.990% | 7.793% | 0.000 |
Federal VA 30 Year Fixed Rate Terms and Conditions | 6.990% | 7.336% | 0.000 |
Subject to credit approval. Standard rates apply. Title fees, as part of the closing costs, will vary by county. Special Offer: *$500 off your closing costs valid on first mortgage applications (including prequalifications) received between 7/17/26 – 10/30/26. Loan must close by 1/30/27. Only available on 1-4 family home. Only applies to Conventional, Jumbo, FHA, USDA, or VA loans. Not available for collateral properties located in Texas, New York, 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. Rev 7/26
Rates are subject to change at any time without notice. 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. Not available on collateral properties located in Texas, New York, Alaska, and Hawaii. 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. 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. Available loan amounts range from $30,000 to $2,000,000. Please call for rate information on loan amounts not shown in the table.
Conventional Loan APRs: We assume a 25% down payment with no Private Mortgage Insurance (PMI) and based on payment for the full term.
Jumbo Loan APRs: We assume a 30% down payment with no Private Mortgage Insurance (PMI) and based on payment for the full term.
Adjustable Rate Mortgage (ARM) Loan APRs: Amortized for 30 years. The APRs shown are for the initial period and may increase after closing due to the movements of the interest rate index during the rate adjustment periods. Call for information regarding rate adjustment caps and margins.
At a 7.125% interest rate, the APR for this loan type is 7.273%. The monthly payment schedule would be:
- 359 payments of $1,414.81 at an interest rate of 7.125%
- 1 payment of $1,414.41 at an interest rate of 7.125%
If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.
At a 6.625% interest rate, the APR for this loan type is 6.860%. The monthly payment schedule would be:
- 179 payments of $1,843.79 at an interest rate of 6.625%
- 1 payment of $1,843.20 at an interest rate of 6.625%
If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.
At a 7.625% interest rate, the APR for this loan type is 7.652%. The monthly payment schedule would be:
- 359 payments of $10,616.91 at an interest rate of 7.625%
- 1 payment of $10,615.47 at an interest rate of 7.625%
If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.
At a 6.990% interest rate, the APR for this loan type is 7.793%. The monthly payment schedule would be:
- 12 payments of $2,786.47 at an interest rate of 6.990%
- 12 payments of $2,784.61 at an interest rate of 6.990%
- 12 payments of $2,782.62 at an interest rate of 6.990%
- 12 payments of $2,780.48 at an interest rate of 6.990%
- 12 payments of $2,778.19 at an interest rate of 6.990%
- 12 payments of $2,775.73 at an interest rate of 6.990%
- 12 payments of $2,773.10 at an interest rate of 6.990%
- 12 payments of $2,770.27 at an interest rate of 6.990%
- 12 payments of $2,767.24 at an interest rate of 6.990%
- 12 payments of $2,764.00 at an interest rate of 6.990%
- 12 payments of $2,760.52 at an interest rate of 6.990%
- 12 payments of $2,756.78 at an interest rate of 6.990%
- 12 payments of $2,752.78 at an interest rate of 6.990%
- 12 payments of $2,748.49 at an interest rate of 6.990%
- 12 payments of $2,743.89 at an interest rate of 6.990%
- 12 payments of $2,738.95 at an interest rate of 6.990%
- 12 payments of $2,733.66 at an interest rate of 6.990%
- 12 payments of $2,727.99 at an interest rate of 6.990%
- 12 payments of $2,721.91 at an interest rate of 6.990%
- 12 payments of $2,715.39 at an interest rate of 6.990%
- 12 payments of $2,708.40 at an interest rate of 6.990%
- 12 payments of $2,700.91 at an interest rate of 6.990%
- 12 payments of $2,692.87 at an interest rate of 6.990%
- 12 payments of $2,684.26 at an interest rate of 6.990%
- 12 payments of $2,675.02 at an interest rate of 6.990%
- 12 payments of $2,665.11 at an interest rate of 6.990%
- 12 payments of $2,654.49 at an interest rate of 6.990%
- 12 payments of $2,643.11 at an interest rate of 6.990%
- 12 payments of $2,630.90 at an interest rate of 6.990%
- 11 payments of $2,617.81 at an interest rate of 6.990%
- 1 payment of $2,618.40 at an interest rate of 6.990%
The monthly payment amounts quoted include the mortgage insurance premium.
Mortgage insurance is required for most FHA loans. The monthly mortgage insurance premium is calculated based on the average annual outstanding balance, so it will vary from year to year.
The actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.
At a 6.990% interest rate, the APR for this loan type is 7.336%. The monthly payment schedule would be:
- 359 payments of $1,177.64 at an interest rate of 6.990%
- 1 payment of $1,177.55 at an interest rate of 6.990%
The actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.