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Are you looking for a mortgage lender that will treat you like family? First National Bank and Trust (FNBT) is a local, family-focused community bank headquartered in Beloit, WI, and serving communities throughout Northern Illinois and Southern Wisconsin. FNBT has branch locations in Beloit, Clinton, Delavan, Darien, Elkhorn, Argyle, Williams Bay, Roscoe, Rockton, Janesville, Monroe, Walworth, and Winnebago. 

When you apply for a fixed-rate mortgage in Wisconsin or Illinois with us, decisions are made in-house and we're committed to providing you with the highest level of customer service. If you’d like to get an idea of how much home you can afford or what your payments might be, check out our home home loan calculators. Got 15 minutes? We can get you pre-qualified now!

What Is A Fixed-Rate Mortgage?

A fixed-rate mortgage is a home loan with an interest rate that remains the same throughout the term of the loan. So, if mortgage rates rise after you buy your home, you don’t have to worry because you’ve already “locked in” your interest rate. 

Fixed-rate mortgages often come as conventional 30-year mortgages or 15-year mortgages.

When To Choose A Fixed-Rate Mortgage

A fixed-rate mortgage can be a good option when interest rates are low. This type of home loan may be easier to budget with since the interest rate, and your monthly payment stays the same (excluding property taxes and homeowner’s insurance). 

Why Get Pre-Qualified?

Getting pre-qualified for a mortgage loan is an important first step in your journey to home ownership. In fact, many real estate agents will ask you for a pre-qualification letter before they will take you out to look at homes. Being pre-qualified can also improve your chances of having an offer accepted by sellers. 

You can get pre-qualified online or sit down with one of our mortgage lenders at one of our Wisconsin or Illinois locations. We’ll review your financial situation, homebuying goals, and the home loan options available to you. 

Apply Now For A Fixed-Rate Mortgage! 

Home is where dreams are made. Ready to apply for a fixed-rate mortgage? Check our current mortgage rates, find a Loan Originator near you, or Apply Now to get started!

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