First United Bank & Trust offers a variety of home loan programs to meet your needs. The following is a select list of programs we have to offer, please ask us about other options we may have available. The rates and fees you see below are not yet guaranteed. After you complete the online application, a Mortgage Originator will contact you to go over your application and the specific details of our various loan programs.
 
FNMA 15 Year Fixed
FNMA 20 Year Fixed
FNMA 30 Year Fixed
First United 15 Year Fixed
First United 5/1 ARM
First United 7/1 ARM
First United 10/1 ARM

Rates last updated on Wednesday, November 15, 2017

FNMA 15 Year Fixed

The listed interest rate and APR are based on a loan amount of $100,000.  The estimated monthly payment includes prepaid fees of $1,677 and is estimated at $703 for 180 monthly payments.

Rate

APR

Points

3.250%

3.494%

0%

Term: 15 years   Maximum Amount: $417,000
 

Mortgage loan approval subject to FannieMae guidelines.


FNMA 20 Year Fixed

The listed interest rate and APR are based on a loan amount of $100,000.  The estimated monthly payment includes prepaid fees of $1,677 and is estimated at $587 for 240 monthly payments.

Rate

APR

Points

3.625%

3.816%

0%

Term:  20 years  Maximum Amount:  $417,000

Mortgage loan approval subject to FannieMae guidelines.

 

 
Mortgage loan approval subject to FannieMae guidelines.

FNMA 30 Year Fixed

The listed interest rate and APR are based on a loan amount of $100,000.  The estimated monthly payment includes prepaid fees of $1,677 and is estimated at $471 for 360 monthly payments.

Rate

APR

Points

3.875%

4.014%

0%

Term: 30 years   Maximum Amount: $417,000
 

Mortgage loan approval subject to FannieMae guidelines.


First United 15 Year Fixed

The listed interest rate and APR are based on a loan amount of $100,000.  The estimated monthly payment includes prepaid fees of $1,677 and is estimated at $743 for 180 monthly payments.

Rate

APR

Points

4.050%

4.300%

0%

Term: 15 years   Maximum Amount: $417,000
 

Mortgage loan approval subject to First United guidelines and program adjustments.


First United 5/1 ARM

The listed interest rate and APR are based on a loan amount of $100,000.  The estimated monthly payment includes prepaid fees of $1,677 and is estimated at a range of $446 and $769 for 360 months.

Rate

APR

Points

3.440%

3.534%

0%

The APR, interest rate and principal and interest payment are subject to increase and will change after the initial period due to market-driven changes in index.

 

Term: 30 years   Maximum Amount: $417,000
 

Mortgage loan approval subject to First United underwriting guidelines and program adjustments.


First United 7/1 ARM

 The listed interest rate and APR are based on a loan amount of $100,000.  The estimated monthly payment includes prepaid fees of $1,677 and is estimated at a range of $466 and $771 for 360 months.

Rate

APR

POINTS

3.790%

3.708%

0%

The APR, interest rate and principal and interest payment are subject to increase and will change after the initial period due to market - driven changes in the index.

 

Term: 30 years   Maximum Amount: $417,000
 

Mortgage loan approval subject to First United guidelines and program adjustments.


First United 10/1 ARM

 The listed interest rate and APR are based on a loan amount of $100,000.  The estimated monthly payment includes prepaid fees of $1,677 and is estimated at a range of $477 and $748 for 360 months.

Rate

APR

POINTS

3.990%

3.895%

0%

The APR, interest rate and principal and interest payment are subject to increase and will change after the initial period due to market - driven changes in the index.

 

Term: 30 years   Maximum Amount: $417,000
 

 Mortgage loan approval subject to First United guidelines and program adjustments.



Payment examples are based on original loan amount of $100,000 and principal and interest only and do not include escrow payment for taxes and hazard insurance or Private Mortgage Insurance (PMI), which may be required. Flood Insurance required on properties located in a Special Flood Hazard Area. Closing fees not including the appraisal report or reconciliation fees will not be above 1% of your loan amount. Loan rates subject to change without notification. Restrictions may apply. All loans subject to credit approval.

Interest rates and APRs are based on current market rates and are for informational purposes only. Rates are subject to change without notice and may be subject to increase based on property type, loan amount, loan-to-value, credit score and other variables. If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment.

ARM rates and monthly payments are subject to increase after the initial fixed period.  The example range of payments above for the ARM products demonstrates the initial payment for the fixed rate period and then the maximum payment as calculated by the increase in the financial index after the initial fixed period of the loan.

Construction loans are available as well, but carry higher fees and are not included for this advertisement.  Please contact a mortgage originator for further details.