Homebuying & Equity
How to get into your new home and make the most of it
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Learn about loans that can lead to life-changing events
Buying a new home may start with picking a good neighborhood and functional floor plan. First American Bank advises you to choose wisely when obtaining a mortgage, because that loan can help shape your financial fortunes for years to come. Once you're all moved in, it pays to learn how to leverage your home's equity value into low-cost financing that can help pay for life's major moments.
Homebuying & Equity Articles
10 Steps in the Home Buying Process
Here’s what you can expect when buying a home.
Buying your first home can be an overwhelming process. If you break it down into simple steps, you can feel much more confident about what to expect, and start to focus on how exciting this phase of your life really is.
Which Mortgage is Right for You?
Fixed or Adjustable Rate?
Lenders offer two basic types of mortgages, fixed-rate mortgages and adjustable-rate mortgages. While you will likely find different loan options within those two categories, your first decision is choosing whether you want a mortgage with an interest rate that never changes during the period of the loan, or one that starts low but varies over the loan period.
Home-Buying Checklist and Tips
This article features helpful first-time homebuyer tips as well as information about HUD and FHA home loan programs and relevant state programs.
Whether you’re looking to get out of the rental market, expanding your family or downsizing, buying a home can be a stressful experience without a proper checklist. To keep organized, use this guide, which includes valuable resources and tools.
First-Time Home Buying Tips and Programs
Buying your first home can be exciting and sometimes overwhelming. We're here to help.
As a first-time homebuyer, you may be able to take advantage of special government programs to help lower your costs. Regardless of the type of mortgage you select, there are important tips to consider when buying your first home.
Building Your Dream Home with a Construction Loan
Thinking about building a new house or renovating an existing home?
Thinking about building a new house or renovating an existing home? Beyond what the home looks like, you need to consider if you can get a loan to build a house and understand how home-building loans work. Here are answers to the top questions we hear about construction loans.
How to Use Your Home’s Equity to Finance Life Events
Learn how to cash in on your equity.
If you’ve been paying your mortgage for a while, you’ve probably built up some equity in your home. Maybe you’ve heard of a home equity line of credit or home loan, but you might not understand why it would be an option for you. Here’s an intro to home equity and how you can use it to finance your life events.
Home Improvement Tips to Increase Your Home's Value
Home improvements often add value, but it’s a good idea to know what kind of home improvements can yield a greater return on your investment.
Home improvements often add value, but it’s a good idea to know what kind of home improvements can yield a greater return on your investment. Explore 10 common home improvements you can make to help increase the value of your home.