It sounds sort of complicated. State and local housing agencies sell revenue bonds to raise money for subsidized mortgages. But you don't have to learn all the details. It's enough to know that First Bank Mortgage will guide you through the mortgage loan application process and help make owning your first home more affordable than you ever dreamed it could be.
- Qualify for the government program if you're a first-time homeowner.
- Borrow through MHDC as a Missouri resident, IHDA as an Illinois resident, and CALHFA as a California resident.
- Save thousands with lower interest rates than conventional or FHA loans.
- Enjoy the stability of a fixed-rate home loan with locked in monthly mortgage payments.
- Take advantage of potential down payment and/or closing cost assistance.
*Loan is subject to credit approval and program guidelines.