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Fixed-Rate Conventional Mortgage

Embrace homeownership with confidence using our Fixed-Rate Conventional Mortgage

Step into homeownership with certainty and comfort with our Fixed-Rate Conventional Mortgage.

Specially designed for residents in Illinois and Indiana, this mortgage option brings the peace of mind of knowing your rate and payment will remain constant throughout the life of your loan. It's an ideal solution for those seeking predictability and stability in their financial planning.

Our competitive mortgage offers a low down payment of just 3% for first-time home buyers, making it easier to start your homeownership journey. With a steady and predictable payment schedule, you can plan your finances with ease and confidence, free from the worries of fluctuating interest rates.

We understand that every home buyer's situation is unique, which is why we offer flexible terms ranging from 10 to 30 years. Whether you're buying your first home, upgrading to a larger space, or purchasing a vacation property, our Fixed-Rate Conventional Mortgage is tailored to fit your long-term goals and financial situation.

Begin your path to homeownership with First Bank. 
Fixed-Rate Conventional
Rest easy knowing exactly what your rate and payment will be for the life of your loan with a fixed-rate conventional mortgage.

  • Competitive 3% down payment for first time home buyers
  • Steady, predictable payment schedule
  • Flexible terms available from 10 to 30 years

Apply online 24/7. Quick, local service.

Apply online in 5 minutes.
Enjoy and benefit from local loan decisions.
Work with local mortgage lenders who know the market.
Receive ongoing communication from your First Bank lender.

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Your dream home. Your dream loan. 

From building, to buying, to refinancing, you'll be in good hands with our knowledgeable, local mortgage team.

Request a call from a mortgage loan officer.

Have our Mortgage Expert contact you. Or, call us at 812-266-2638.
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Should you rent or buy your home?

Use our handy calculator to weed through the fees, taxes, and monthly payments to help you make the best decision. 

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First Bank NMLS ID# 408968. Subject to credit approval. Other restrictions may apply. Property insurance required. See First Bank for details. The Equal Credit Opportunity Act prohibits lenders from discriminating against credit applicants in any aspect of a credit transaction on the basis of race, color, religion, national origin, sex, marital status, age, whether all or part of the applicant’s income comes from a public assistance program, or whether the applicant has in good faith exercised a right under the Consumer Credit Protection Act. The Fair Housing Act prohibits discrimination in residential real estate transactions on the basis of race, color, religion, sex, handicap, familial status, or national origin. Under these laws, a consumer cannot be refused a loan based on these characteristics nor be charged more for a loan or offered less favorable terms based on such characteristics. The content of this page is informational only. Account is subject to approval. The terms of the account, including any fees or features, are subject to change without prior notice except as required by law. Refer to product disclosure for the terms and conditions associated with the product. Other fees and charges may apply.