First State Bank

Mortgage Lending

Conventional Mortgages

  • Fixed Rate mortgages provide the safety and security of set monthly payments for the life of the loan.
  • 30YR, 20YR, 15YR, 10YR
    • Purchases
    • Refinance and Cash-out Refinance
    • 1-4 Family Investments

FHA Mortgages

  • A government-backed program ideal for first-time home buyers with a minimum down payment option.

VA Mortgages

  • Relaxed qualifying requirements and no down payment for many veterans.

Rural Development 30 YR

  • A government backed program for low to moderate income families that provides 100% financing.

In-House- Adjustable Rate Mortgages

  • ARMs generally have a lower initial interest rate than fixed rate loans. As the name implies, the interest rate adjusts according to an established index, after the initial term. ARMs could make sense for borrowers who expect their income to rise over the years or who plan to be in their home for a limited number of years.
  • An adjustable rate loan for customers who need a short term option.
    • 3/1 ARM
    • 5/1 ARM

What You'll Need?

Below are items that may be needed to process your loan request.

  • Click here to start pre-qualification.
  • Two forms of identification for each borrower
  • W-2s for the past two years
  • Two most recent year-to-date paycheck stubs
  • Residence address(es) for past two years, landlord information if applicable
  • Name and address(es) of each employer for past two years
  • If self-employed or commission, two years' tax returns
  • If incorporated, two years' corporate tax returns
  • Last two months' bank statements for all checking, savings and retirement accounts (all pages included)
  • Address(es) of other real estate owned
  • Loan information on all real estate owned
  • Payment for credit report

For additional information regarding mortgage lending you may contact First State Banks mortgage lending department at 479-498-2467 or via email at (This is not a secure email. Please do not send sensitive information.) Click here to send a secure email.


Equal Housing Lender FDIC
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