There are good reasons MORE PEOPLE
come to First Place for home loans.
|
 |
Back
 |
Speed is of the essence.
The last thing you need when buying a home
is a long, complicated process. So our home loan approvals take days, not weeks.
Why so quick? Because we're a local bank and our people make the loan
decisions, not some guy in a designer suit who couldn't find Ohio on a map.
|
Back
 |
Keeping it
close to home.
No other bank in the area
has stronger community roots than First Place Bank. We've been
locally owned for over 100 years and have always been deeply
involved in keeping our community vital and growing. After all,
this is our hometown. Let us help make this your home too, with
a mortgage that will open the right door for you. |
Back
 |
Pre-approval.
Getting a pre-approved loan
is a smart move. Don't shop without it. Fast and free, a loan pre-approval lets
you know what you can afford to spend. So you can negotiate with power and buy
with confidence. We can give you pre-approval on a loan amount and a monthly
payment that fits your needs. Once you've found the right home, final loan approval
is a breeze. |
Back
 |
Bridge loans.
(For homes, not bridges.)
You've probably heard stories about homeowners
who found that perfect new home only to find that they couldn't get a loan until
they sold their old home. First Place can eliminate that problem with a bridge
loan. A bridge loan allows you to buy a new home even before you sell your old
home At most, you'll only have to pay interest on this interim loan and very
minimal closing costs. |
Back
 |
Construction Loans.
Traditional construction loans can be a real hassle.
But with a First Place Bank construction loan, you eliminate the need for two
closings and you save precious time and money. With as little as 5% down, we
can offer you a single loan, which automatically converts to a fully amortizing
loan at the end of the construction period. |
Back
| |
FHA/VA Loans
If you are a first-time homebuyer or you don't
have much for a down payment, our FHA and VA loans may work for you. To find
out if one of these loans will work for you, talk to one of our loan professionals.
He or she will give you all the details (in plain English, no banker talk) and
help you pick a program that's right for you. |
Back
 |
Jumbo Loans
It's not as scary as it sounds. The mortgage amount
is jumbo -- over $275,000* -- but the interest rates we can offer you on that
kind of loan are small. And unlike a lot of other lenders, we don't charge high
premiums. So you can get a jumbo mortgage without spending a jumbo amount on
premiums and interest rates.
*Amount changes periodically |
Back
| |
Fixed Interest Rate Mortgages
First Place offers a variety of fixed interest
rate mortgage loans with terms from 15 years to 30 years. You can get a fixed
interest rate mortgage with a very low down payment; in some cases you don't
need any down payment. It's the best way to get a mortgage that fits your personal
budget needs. And, since the interest rate is fixed, you'll have the peace of
mind of knowing that your payment won't go higher. |
|
|
