List of Loan Programs offered by First International Bank & Trust:

1. Conventional Loans: These are traditional mortgage loans that are not insured or guaranteed by the government. They typically have fixed interest rates and require a minimum down payment.

2. FHA Loans: Backed by the Federal Housing Administration (FHA), these loans are designed for first-time homebuyers and have more flexible qualification requirements. They offer low down payment options and competitive interest rates.

3. VA Loans: Available to eligible veterans, active-duty service members, and surviving spouses, VA loans are guaranteed by the Department of Veterans Affairs. They offer favorable terms, including no down payment requirement and lower interest rates.

4. USDA Loans: Provided through the U.S. Department of Agriculture, these loans are designed for low-to-moderate income borrowers in rural areas. They offer low interest rates and do not require a down payment.

5. Jumbo Loans: These loans are for financing high-value properties that exceed conforming loan limits set by Fannie Mae and Freddie Mac. They are ideal for borrowers purchasing luxury homes or properties in expensive markets.

6. Adjustable-Rate Mortgages (ARMs): ARMs have an initial fixed interest rate period, typically 5, 7, or 10 years, after which the rate adjusts annually based on market conditions. They offer lower initial rates compared to fixed-rate mortgages.

7. Construction Loans: Intended for individuals building a new home, construction loans provide funding in stages as the construction progresses. They usually have adjustable interest rates during the construction phase and convert into a permanent mortgage once the home is completed.

Remember, it's always best to consult with a loan officer to determine the most suitable loan program for your unique needs and financial situation.