Appraisal Announcement: Effective immediately FFBT can assist with your Purchase, Refinance, and Home Equity transactions without the need for an Appraiser to enter your home.
However, because federal regulations require appraisers to physically enter residences on cash out refinancing transactions, we could see delays on cash out transactions during the Covid-19 visitation restrictions due to obvious risk for borrowers and appraisers.
This is not exclusive to First Farmers Bank & Trust. This is a national mandate that effects all appraisals being done on Cash Out transactions.
We suggest you monitor this website frequently as we will post updates as the situation develops.
Today's Mortgage Rates
Your mortgage is as unique as you are.
Whether you’re looking for your first home, refinancing, moving or even building a house, your situation is unique. You want to work with an expert who can help you find the best solution for your home buying experience. The First Farmers lending team will help you determine what financing option is right for you.
Our lending specialists will take the time to understand your needs and help you choose the right financing program for your situation. We approve and service our mortgages locally, which means you’ll know the status of your application during the whole process.
What we offer:
- Local Lenders, Local Servicing
- Low-cost Mortgage Insurance or No-insurance Options
- Fast, Free Pre-qualifications
- Rapid Closings
- Debt Consolidation Loans
Your Home Loan Options
Enjoy the security of a fixed rate and fixed payments for the entire term of your loan. Our fixed-rate mortgages offer you stability and consistency, and are available in various terms.
With an adjustable-rate mortgage (ARM) you may enjoy lower initial monthly payments for a specific period, after which the rate may adjust up or down. This type of loan is attractive when you feel interest rates will decline, and will allow you to save money when rates drop, without the additional cost of refinancing.
Building a home? We make it easier and less stressful by working with you and your builder.
First Time Home Buyers Programs
We have attractive programs designed with first time buyers in mind. Some of the features include low down payments, more flexible income-qualifying ratios, and favorable loan terms.
Already own a home?
A Home Equity Line of Credit (HELOC) could be the most flexible and affordable solution for financing the important things in life – from a new car, to college tuition, to your daughter’s wedding.
Online Home Equity Line of Credit Application