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We strive to make the mortgage process as simple as possible. We have our own division of lenders dedicated to mortgages. Even better, you don’t have to visit one of our branches to start the process! If you’d like to apply for a mortgage online, please click the appropriate button above for a home purchase or home refinance.
Download our mortgage mobile app!
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Mortgage
A home is probably the biggest purchase you ever make. You can trust us to make your dream a reality. Home buyers will find quick and simple financing with the plethora of options we have. We can also refinance your current mortgage!
Our Mortgage Products
Conventional
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Home Possible Advantage/Home Ready
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Federal Housing Authority (FHA)
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Veterans Administration (VA)
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United States Department of Agriculture (USDA) - Purchases Only
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Kentucky Housing
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Other Options
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Mortgage Rates
For current mortgage rates, visit our Mortgage Website.
Payment Calculator
If you don’t know how much house you can comfortably afford, check out our sample fixed rate home loan calculator.
How much will my fixed rate home loan payment be?
Home Construction Loans
Some people like to search for their dream home that’s already built and ready for move-in. Others want to build the home of their dreams. For those that like to customize, we have a customized solution for you in our home construction loans.
You want to keep your construction loan payments affordable because you might be paying to live in one place while building another. We help keep those expenses manageable and disburse funds along the way in the construction process.
The best part about our home construction loans? We can help with turning your home construction loan into permanent financing. We will be with you from the beginning of your dream home idea all the way until your home has many memories years from now.
First Time Homebuyers
Buying a home for the first time can be daunting. You might think that it’s confusing, stressful, and a lot of work. It shouldn’t feel that way. We have a dedicated team to make it EASY for you. Buying a home should be a rewarding experience. We try to be a small part of that.
As mentioned previously, there are all sorts of loan options, especially for first time homebuyers. When our staff sits down with you, we want to know about you. We will gather information about you that will help us get you the best possible type of loan. You don’t have to know all the complexities of getting a mortgage because our staff has the experience to make it simple for you.
Our Mortgage Process
At First Harrison Bank, our goal is to help make the mortgage process as clear and informative as possible. A better understanding of the process can help ensure your loan closes on time. Our Mortgage Guide will walk you through each step so you know what to expect from application to closing.
Home Equity Line of Credit (HELOC)
Perhaps you live in your dream home, but you need to make a repair here or there. You might want to add a deck. Your spouse may really want the kitchen remodeled. You might just need a little extra cash. A HELOC is the perfect kind of loan for these situations and more.
If you have equity in your home, why not use it? Here are some of the benefits of a First Harrison Bank HELOC:
- Funds for repairs, remodels, additions, and more
- Revolving line of credit
- Write a check or transfer funds online from your HELOC
With our HELOC special, you can even get no closing costs on your next HELOC!* Be sure to call us to inquire to see if you qualify for this great special!
*Rate is adjustable based on Prime Rate and margin. Current Prime Rate as of February 2, 2023 is 7.75% as published in the Wall Street Journal “Monthly Rates” section, but APR cannot decrease below floor rate of 3.25%. Maximum 24% APR in Kentucky. Maximum 25% APR in Indiana. Maximum CLTV 80%. Your loan amount will be determined by your home value, available equity, and credit history. $75 annual fee after first year. To receive the $0 closing costs, you must have an open, primary FHB account, a minimum loan amount of $10,000, and at least one borrower with a credit score of 650 or greater. Closing costs range in amount typically from $524 - $731. This loan is not available for the purchase of a primary residence. Proceeds cannot be used to pay off existing First Harrison Bank second mortgages or home equity lines of credit unless that loan matures within six months. Second mortgages and home equities not maturing within six months will be eligible if line of credit is increased by $25,000. All loans are subject to underwriting and approval. You must carry insurance on the property that secures this loan. Other restrictions may apply. Limited time offer.
Second Mortgage
From time to time, we need to make big purchases in life. We often don't have the funds to pay for the large purchase in one lump sum. If you have equity in your home, the difference between what you owe on your first mortgage and what the current value is today, and need a lump sum for whatever life has brought, a second mortgage could be a good option for you. Call us for second mortgage loan rate specials!
Second Mortgage Facts
- You'll receive a lump sum loan from the bank.
- Fixed term and rate.
- Consistent payments make it easy to budget.
- Generally, second mortgage rates are better than credit card rates.
- Can be used for things like home renovation, repairs, weddings, credit card consolidation, or any other large purchase.
- The interest may be tax deductible. Please consult your tax advisor for details.
You can always visit our full mortgage website.
Questions?
*All loans subject to credit approval.