Mortgage & Home Loans From First National Bank of River Falls
Finance your new home or remodel with First National Bank of River Falls
First National Bank of River Falls is proud to offer several home mortgage, home loan & home construction loan options. We're here to make the home of your dreams a reality! Our skilled team of local lenders provide local servicing on most mortgages and are eager to walk you through the buying process.
Mortgage Loan Options
FIXED RATE MORTGAGES
- Steady Payments
- Options of 10, 15, 20, or 30 year terms
- Interest rate does not change during the life of the loan
GUARANTEED RURAL HOUSING (USDA)
- No down payment
- Insured by the federal government
- Fixed rate for 30 year term
- Loans may be made up to the property's appraised value
- Ideal for those who have set incomes
- Available in qualifying areas
HOME POSSIBLE MORTGAGE
Available for low to moderate income borrowers.
- Low down payment option
- Stable/fixed monthly mortgage payments
- Flexible closing cost funding options
Construction / Remodel Loans
Building a new home or updating an existing one is very exciting! Financing new construction requires a special type of mortgage loan. First National Bank of River Falls will personally guide you through this process, while you take advantage of:
- Low interest rates
- Interest only payments during construction phase
- Easy transition to a First National Bank of River Falls end loan
