This Weeks Rate Check From First Bank

Dated: May 7 2022

Views: 15

This Week's Rate Check
HiRes_FirstBankFDIC-2C.jpg

Weekly Rates from First Bank Mortgage


05/04/2022

 2nd Home - Investment Property Program


For Loan Amounts from

$100,000 to $1,000,000.

Term

Property Type

Interest Rate

Est. APR*

Min. Down Payment

Transaction Type

7/6Arm Conv

1 Unit or Condo

5.00%

5.056%

20%

Second

Home/ Investment Property

10/6Arm Conv

1 Unit or Condo

5.125%

5.182%

20%

Second Home/

Investment Property

7/6 Arm Conv

1 Unit or Condo

4.75%

4.812%

25%

Second Home/ Investment Property

10/6 Arm Conv

1 Unit or Condo

5.00%

5.063%

25%

Second Home / Investment Property

7/6 Arm Conv

2-4 Units

5.25%

5.311%

20%

Investment Property

10/6 Arm Conv

2-4 Units

5.375%

5.437%

20%

Investment Property

7/6 Arm Conv

2-4 Units

5.00%

5.063%

25%

investment property

10/6 Arm Conv

2-4 Units

5.125%

5.189%

25%

Investment Property

Same Pricing for Second Homes and Investment Properties.



Same Pricing for Single Family Residences and Condo’s


Maximum Cash Out amount is $500,000

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