• Residential First Mortgages
• Manufactured Home Loans
• Construction Loans
• Home Equity Line of Credit
• Auto Loans
• Student Loans
• First Reserve

Residential First Mortgages

• 1-4 Family Dwelling
• No Application Fee
• Primary or second home residence
• Originated by locally owned and operated by First Independent Bank
• Purchase or refinance
• Low closing costs
• Prompt loan approval and closing
• Wide variety of terms
  • Fixed Rates: 10, 15, 20 or 30-year
  • 5 Year Balloon (Maximum amortization term = 30 years)
• First Time Homebuyers Programs

Manufactured Home Loans

• Competitive interest rate
• Term: 5-Year Balloon (Maximum amortization term = 30 years)
• Purchase or refinance
• Low closing costs

Construction Loans

• Multiple advance loans for construction of residential property
• Competitive interest rates
• Interest only loan for six to nine months
• Reduction in loan fees if First Independent Bank funds the permanent end loan

Home Equity Line of Credit

• Revolving line of credit used for any purpose
• Low monthly payment
• No closing costs
• Competitive fixed or variable interest rate
• Up to 90% Total Loan to Value (based on your home’s appraised value)

Auto Loans

• Competitive interest rates
• Flexible terms available; up to 5 years on new vehicles
• 0.25% rate reduction available for loans originated with an auto-payment from a First Independent Bank deposit account

Student Loans

Call today to become a part of our banking family.
First Independent Bank: (507) 823-4391