First International Bank & Trust 5

NMLS#

1280134

About

First International Bank & Trust 5

First International Bank & Trust is a real estate lending company. We provide loans for home purchases, refinancing, and other mortgage needs. With our experienced team led by Waylon Korkow (NMLS #1280134), we are dedicated to assisting you throughout the loan application process. Our company, with NMLS #415142, prioritizes customer satisfaction and ensures a smooth and transparent lending experience. Contact Waylon Mortgage for personalized assistance. You can also use our Mortgage Calculator to estimate your monthly payments based on the home price, down payment, loan details, taxes, insurance, and HOA. We offer various term options, including 30-year fixed and 15-year fixed, allowing you to choose what suits your needs. Advanced options are available for customization. Apply now for a loan or reach out for further support. Your privacy is important to us, and we adhere to strict privacy policies and terms.

Loan programs at

First International Bank & Trust 5

At First International Bank & Trust, we offer a range of loan programs tailored to meet your specific needs. Our programs include:

1. Conventional Loans: These are traditional mortgage loans that follow guidelines set by Fannie Mae and Freddie Mac. They typically require a down payment of at least 3% to 5%.

2. FHA Loans: Backed by the Federal Housing Administration, FHA loans are ideal for first-time homebuyers. They often have more flexible qualification requirements and lower down payment options.

3. VA Loans: Available to eligible veterans, active-duty service members, and their spouses, VA loans provide favorable terms and require no down payment, making homeownership more accessible.

4. USDA Loans: Designed for low-to-moderate income borrowers in rural areas, USDA loans offer 100% financing and competitive interest rates.

5. Jumbo Loans: If you're looking to finance a high-priced property, our jumbo loans provide options for loan amounts exceeding conventional loan limits.

6. Construction Loans: Perfect for those planning to build their dream home, our construction loans provide financing throughout the building process, converting to a permanent loan upon completion.

7. Adjustable-Rate Mortgages (ARMs): With an ARM, you'll enjoy an initial fixed-rate period before the interest rate adjusts periodically. It's a suitable option if you plan on staying in your home for a shorter period.

8. Home Equity Loans: Tap into the equity you've built in your home with a home equity loan. Use the funds for various purposes, such as home improvements or debt consolidation.

9. Reverse Mortgages: Specifically designed for seniors aged 62 and older, reverse mortgages allow homeowners to convert a portion of their home equity into cash while still retaining ownership.

10. Refinance Options: Whether you're looking to lower your monthly payments, reduce your interest rate, or access your home's equity, we offer various refinancing options to meet your goals.

Contact our team of mortgage experts to discuss these loan programs in more detail and determine the best fit for your home financing needs.