For great mortgage rates and service, you’ve come to the right place!
At First Internet Bank, we understand the importance of each step in the home loan process — from finding the best rate to closing on time. We offer a broad variety of mortgage loan programs at competitive rates, including:
- Fixed Rate Mortgages and Adjustable Rate Mortgages (ARMs)
- FHA and VA – Low down payment options and a low origination fee
- USDA Rural Development – No down payment option and a low origination fee
- HARP Refinance – For homeowners whose home value has declined
- Jumbo – Loan amounts above the standard mortgage loan limit
Call now or apply online and an experienced loan specialist will help you find the best financing option for you.
Get a free, personalized rate quote online in under a minute!
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Crunch the numbers on rent vs. buy, decide if a refi makes sense, and more.
Brush up on your knowledge of mortgage terms with our glossary.
Mortgage FAQs View All FAQs
First IB can typically close the majority of home purchase mortgages and refinance transactions in 40 days or less. Our experienced loan team will work with you to identify the documents we will need to meet your closing date.
The time to close may vary depending on property and borrower circumstances. Be sure to speak with one of our experienced loan officers about your specific situation.
Mortgage interest rate movements are as hard to predict as the stock market. No one can really know for certain whether they’ll go up or down, and they may change several times within a single day. If rates are on an upward trend, then you’ll want to consider locking the rate as soon as you are able. Before you lock your rate, talk to your mortgage loan officer for help in choosing the right rate lock period for your situation.
Not every lender can offer “government” loans, but First Internet Bank does. FHA and VA loans are insured and administered by the federal government. FHA and VA loans generally require lower down payments and have lower qualification requirements than conventional loans. (Only qualified veterans can obtain VA loans.) Additionally, FHA and VA loans have established maximum loan amounts that limit the amount an individual can borrow.
There are conventional loan programs that allow for low down payments. It is always a good idea to talk to a First IB loan expert, who can help you compare all eligible loan programs to determine which is best for your situation.
Yes, applying for a mortgage loan before you find a home may be the best thing you could do! If you apply now you could pre-qualify online in minutes. Or, take it a step further, and we will review requested documentation in order to issue an official pre-approval. You can use the pre-approval letter to assure real estate brokers and sellers that you are a qualified buyer. A mortgage pre-approval helps give more weight to any offer that you make.
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Without a branch network to weigh us down, we can offer great rates and fees – with all of the online and mobile tools you would expect to help you make smart financial choices.