Row of homes in a neighborhood, smiling, happy people with family and friends.

Ready to own a home?

Ask about our First-Time Home Buyers Program.


It’s time for you and your loved ones to enjoy a greater sense of belonging, more privacy, and control over your living space. Instead of worrying about surprise rent increases, you’ll pay a predictable, monthly mortgage payment that fits your budget. Over time, those payments build equity in your home, value that you may be able to borrow against in the future to pay for renovations, handle debt consolidation, or cover unexpected bills.

Our First-Time Home Buyers Program offers great benefits:
  • Low down payment requirements
  • Reduced interest rates
  • Application fee refunded at closing
  • Must meet maximum household income limits based on median household income by county
  • Borrower and property must meet all standard qualifying guidelines
  • Pre-authorized payments from a borrower’s First Northern Bank and Trust Checking or Savings Account are required for participation in this program.
  • Subject to availability of funds
Here at our independent, community bank, experienced mortgage lenders love helping our neighbors buy homes and improve their quality of life. First Northern Bank and Trust is pleased to provide:

     • Local decision-making to help speed the process
     • Personal customer service
     • 11 Convenient branch locations

To find out if you qualify for our First-Time Home Buyers Program, call 1-800-344-2274 or fill out the form on this page.


A local, independent community bank, First Northern Bank and Trust also offers a variety of mortgage lending options designed to help you achieve your goals.


Construction and Rehab Mortgage Loans

  • One Time Closing
  • Up to 95% Loan to Value (this offer does not apply to credit sale transactions)
  • Value determined by purchase price plus the cost of construction or improvements OR appraised value as completed per plans and specs
  • Can be used for both purchases and refinances (1 unit primary residences or second homes only)
  • Requires a general contractor to complete the work start to finish. Expenses and fees may include:
    - Architectural, consulting, and engineering fees
    - Labor and material costs
    - Permits, title, and property inspections



Residential Mortgages

Buying a new home can be both exciting and stressful. Our professional Mortgage Loan Originators do a fantastic job of streamlining communications and paperwork to make the process easy and enjoyable.
  • Fixed-Rate Mortgages
  • Loans for New Home Construction, Investment Properties, and Second Homes
  • Jumbo Loans
  • Government Mortgages* - see additional details.

 



For more information, please call 1-800-344-2274 or fill out this form:

 


* Loan application packages for VA and FHA loans are forwarded to preferred lending partners. First Northern Bank and Trust does not underwrite, decision, price, fund, or service these loans. If the loan is originated, we receive compensation for the services we provided in connection with the loan transaction.

All loans subject to credit approval. Terms and conditions apply.