Mortgage Loans

First Nebraska Bank’s conventional mortgages are home loans that are not guaranteed or insured by the federal government and conform to the loan limits set forth by Freddie Mac and Fannie Mae. We offer both fixed- and adjustable-rate conventional loans.

Available as part of our secondary market program, First Nebraska Bank’s VA home mortgage loans are offered through the Department of Veterans Affairs. Eligible veterans who qualify may be able to borrow up to 100 percent of the purchase price. In addition, these loans may:

• Require no down payment
• Require no monthly mortgage insurance premiums
• Require no prepayment penalty

If you decide to sell your property in the future, a VA loan is assumable by another eligible veteran. Contact your local First Nebraska Bank mortgage loan officer to learn more.

First Nebraska Bank offers home loans as part of the U.S. Department of Agriculture’s Rural Development Guaranteed Housing Loan Program, designed to “improve the economy and quality of life in rural America.” These zero-down-payment, low-interest-rate mortgages are available for eligible rural and suburban home buyers and are issued through the USDA loan program.

First Nebraska Bank offers ARM loans, for which the interest rate on the note periodically adjusts based on an index that reflects the cost to the lender of borrowing on the credit markets. ARMs may be offered at our standard variable rate/base rate.