NMLS#
506703
About
First International Bank & Trust 7
First International Bank & Trust is a reputable financial institution that prioritizes customer service and provides a range of banking solutions. We have been recognized as one of the top-performing banks by American Banker and ranked among the 50 Best Places to Work in 2024. Our commitment to financial stability and security is evident in our fraud prevention measures, ensuring protection for our customers. We also believe in supporting businesses, as demonstrated through our partnership with Payroll Solutions, Inc. Additionally, we offer Kotapay, a reliable payroll service. At First International Bank & Trust, we value our employees and customers, fostering a positive and inclusive culture. With convenient customer service hours and a strong online presence, we strive to provide the best banking experience possible.
Loan programs at
First International Bank & Trust 7
- Adjustable Rate Mortgages: Our adjustable rate mortgages offer competitive interest rates that adjust periodically based on market conditions. This option provides flexibility for homeowners seeking to balance their monthly payments.
- Fixed Rate Mortgages: We offer fixed rate mortgages that lock in your interest rate for the entire loan term. This program ensures that your principal and interest payments remain the same throughout the life of the loan, providing stability and predictability.
- Jumbo Loans: Our jumbo loan program caters to borrowers requiring larger loan amounts that exceed conforming loan limits. This program offers competitive rates and flexible terms for high-value properties.
- FHA Loans: The Federal Housing Administration (FHA) loan program is available to first-time homebuyers and individuals with low-to-moderate income. These loans feature reduced down payment requirements and allow for easier qualification.
- VA Loans: Our VA loan program is designed to assist eligible veterans, active-duty service members, and surviving spouses in achieving homeownership. VA loans offer favorable terms, including zero down payment options and competitive interest rates.
- USDA Loans: We provide USDA loans that are guaranteed by the U.S. Department of Agriculture. These loans are ideal for borrowers in rural areas and offer 100% financing, low interest rates, and flexible credit requirements.
- Construction Loans: For those looking to build their dream home, our construction loan program offers financing during the construction phase and then seamlessly converts into a permanent mortgage once the home is complete.
- Bridge Loans: Our bridge loan program is designed to bridge the gap between selling your current home and purchasing a new one. It provides short-term financing to cover the down payment or temporary housing expenses until your existing property is sold.
- Home Equity Loans: If you're a homeowner looking to leverage the equity in your property, our home equity loan program allows you to borrow against your home's value. This can be used for various purposes such as home improvements, debt consolidation, or education expenses.
- Reverse Mortgages: Our reverse mortgage program is available to senior homeowners aged 62 years and older. This loan option allows you to convert a portion of your home's equity into cash, providing financial flexibility during retirement.
Please note that the provided information is factual and may not include all details. Visit our website or contact us for more information on each loan program and eligibility requirements.
States
is licensed to work in
Contact Lender
Michele Rislov
601 S Minnesota Ave, Sioux Falls, SD 57104
(605) 5452 607