Keep more of what you earn each month by consolidating all of your debt!

 

 

Manage your finances more easily with a fixed monthly payment!

 

 

Turn your home's equity into cash!

 

Get out from under that debt and have one easy monthly payment!

 

  First One gives you a wide range of loan options on primary residences, second/vacation homes and 1-4 unit residential rental properties. We tailor our Fixed, Adjustable and Combination rate loans to fit your specific needs.

Combination Rate Mortgages

  Get the best of both worlds with this highly popular loan. These loans start with low fixed payments for 2 and/or 3 years then convert to an adjustable rate using the stable LIBOR index for the remainder of the loan term. This is a great choice if you want the lowest monthly payment and the maximum cash-out. Also recommended for building or rebuilding your credit.

Fixed Payments - You can manage your finances more easily with up to 3 years of fixed monthly payments.

Maximum Cash-Out - A Combination Rate Mortgage will allow you to qualify for a higher loan amount than a fixed rate mortgage.

Upfront Savings - The lower initial monthly payments allow you to keep more of the money you earn.

  

Easy Approval - Combination Rate Mortgages offer more lenient guidelines with respect to credit, income and equity.

     Fixed Rate Mortgages

 Offers the same monthly payment for the life of the loan. You should be planning to stay in your home for more than 5 years. Keep in mind that statistics show that a majority of homeowners move or refinance their mortgage before 5 years.

Fixed Payments - You can manage your finances more easily with fixed monthly payments.

Long Term Savings - If you're planning to stay in your home or loan for the long term, over 5 years, you could see some mortgage savings.

Easy Approval - Our Fixed Rate Mortgages offer common sense guidelines to maximize your loan approval.

     Adjustable Rate Mortgages (ARMs)

 Our Adjustable Rate Mortgage interest rate varies periodically according to the index on which it's based. First One ARMs are linked to the stable and popular LIBOR index. Our ARMs come with interest rate caps that limit how much a rate may change each year and over the life of the loan.

Flexible Payments - You can manage your finances more easily with an interest only option or pay the fully amortized payment.

Maximum Cash-Out - An Adjustable Rate Mortgage will allow you to qualify for a higher loan amount than a Fixed Rate Mortgage.

Upfront Savings - The lower initial monthly payments allow you to keep more of the money you earn.

Easy Approval - Adjustable Rate Mortgages offer more lenient guidelines with respect to credit, income, and equity.