FHA Loans

This popular mortgage program has unlocked millions of doors.

 
A local First National Bank professional can help you navigate the lending process.
Happy family on their porch.
It's possible to buy that dream home with a pretty small down payment.



If you're looking to buy a home in Arkansas, Tennessee or elsewhere, it often takes a 10% to 20% down payment to qualify for a traditional mortgage. Many hard-working people simply don't have that much savings available. But with a government-backed, fixed-rate Federal Home Administration loan, your down payment may be as low as 3.5%. Plus, you can qualify with a less-than-perfect credit rating.
 
  • Competitive interest rates hold down your monthly payments
  • Down payments as low as 3.5%
  • Gifts from friends and relatives can be put toward your down payment
  • Flexible credit guidelines
  • An ideal choice for many first-time homeowners – although previous homeowners can often qualify
  • Work directly with First National Bank lending professionals and not a government agency