VA Loans

First Bank values the efforts and sacrifices made by those who serve our country. VA home loans provide a unique opportunity to veterans and those who are currently under active duty in the US Armed Forces, helping service members and their families obtain long-term financing for a home. Spouses of veterans that have passed due to a service related event may also be eligible.

Your first steps to home ownership

Let us help you achieve the American Dream of homeownership. A land of your own and a place to start a family, with no landlords. Somewhere to call YOUR home.

Here’s what you may not know about First Bank VA Loans:

• You can purchase with as little as 0% down*
• We offer competitive interest rates
• You can qualify with a credit score of 600 or higher
• A full list of eligibility criteria can be found here

Pay as little as 0% down for your home!

Veteran and active military pay as little as 0% down on a new or refinanced VA mortgage loan. The VA loan program offers mortgage financing to active duty military, veterans and surviving spouses to purchases their dream home or refinance the home they are in.

• No down payment
• No Monthly mortgage insurance premium
• Low to no reserve requirements
• Fixed and adjustable rate loan available

Choosing The Perfect VA Loan

When buying a home, the variety of mortgage options available can be overwhelming. Our First Bank mortgage experts will work with you to ensure you find the loan product that’s best suited to your needs!

VA PURCHASE LOANS: VA Purchase Loans helps you purchase a home at a competitive interest rate often without requiring a downpayment or private mortgage insurance.

VA’S CASH-OUT REFINANCE LOAN: VA Cash-Out Refinance Loan allows you to take cash out of your home equity refinance loan so that you can get equity out of your home. VA STREAMLINE REFINANCE LOANS: VA Streamline Refinance Loans also called the Interest Rate Reduction Refinance Loan (IRRRL) Loan can help you obtain a lower interest rate by refinancing your existing VA loan. ADAPTED HOUSING GRANTS: VA helps Veterans with certain total and permanent disabilities related to your military service obtain suitable housing with either a Specially Adapted Housing (SAH) or Special Housing Adap-tation (SHA) grant.

Eligibility Requirements

You may be eligible for a VA Home Loan if you meet one or more of the following conditions:

• You have served 90 consecutive days during wartime
• You have served 181 days during peacetime
• You have more than six years in the National Guard or Reserve
• You are the spouse of someone who died in the line of duty, or as a result of a service related disability

– First Bank is waiving lender fees on ALL VA Loans! –