Yes, anyone can apply.  FNBA has guidelines and programs for applicants that have no credit score or that lack credit history.

Yes. FNBA reports mortgage payment history for all borrowers.

FNBA requires borrowers to establish at least 6 months of ownership prior to being eligible for a cash-out refinance. Please note that though you may otherwise be eligible, the equity you have in your property may limit the amount of cash based on maximum loan to value limits acceptable to FNBA.

FNBA does not allow loans to construct a home, and therefore would not lend in this case.

The pre-qualification process typically takes 1-2 business days. Once you have signed a purchase agreement on a home, FNBA can close in an average of 30-45 days and we are continuously striving to shorten the process.

FNBA does not have plans to sell loans that are originated by us.

FNBA will not change the amount of principal and interest. However, your total monthly payment may change in the future due to property taxes or homeowner’s insurance as FNBA does not control those costs.

No. There is no pre-payment penalty.

Single family homes, condos, townhomes, mobile/manufactured homes, 2-4 unit homes as well as vacant land are all eligible. These can be primary, second or investment homes.

Yes, gift funds are allowed. The minimum down payment is 20% when utilizing gift funds

Yes, a down payment is required. Depending on your qualifications, the down payment minimum is 15%.

• A copy of your most recent Federal Tax Returns filed with your ITIN
• One year of income documentation (Self-employed borrowers must have operated their business for at least one year)
• A copy of your ITIN Letter
• A valid, government-issued photo ID (passport, driver’s license, matrícula consular, etc.)
• Proof of 6 months housing payment
• Proof of cash to close using copies of accounts covering the most recent 60 days.

An ITIN Mortgage Loan is designed for people who file taxes with an Individual Tax Identification Number (ITIN) looking to purchase or refinance, a home in the United States.

Yes. Our Customer Service department is staffed with bilingual personnel to handle your inquiries in English or Spanish.

Loan terms offered by FNBA are affected by many things, including your intended occupancy of the home. Depending on whether you already have your own home, and whether you intend to occupy the property you wish to purchase, a higher rate and larger down payment may be required.

FNBA treats existing customers no differently than new customers. There is no adjustment to rate, or down payment, based upon your status as an existing customer.

Yes. Your loan officer can assist you and analyze options and conditions with you.

The interest rates are fixed for the life of the loan.

Some key factors affecting rate include your credit score, property type, amount of down payment, term of the loan, occupancy, loan amount, and type of income used to qualify.