Mortgage Loans

First National Bank Bemidji is a locally owned and managed bank. We have been building relationships in our community for 120 years. Our team is ready to work with you to find the mortgage that is the right fit for you.

Meet Our Team

Are you buying your first home or considering a different home that may be a better fit for your budget, changing lifestyle or life stage? Your First National Bank Bemidji lender will work closely with you to explore the most appropriate financing options and select the terms and features best suited to your needs. We offer loan programs with no or low down payment requirements as well as flexible financing options. Contact one of our mortgage team members to discuss options for refinancing your current mortgage, which may include a lower interest rate, a different payment plan or other benefits.

Options include:

  • Fixed 15 to 30 year loans
  • Construction loans
  • VA Loans
  • Adjustable Rate Mortgage (ARM) loans
  • Interest only loans
  • Bridge loans

There are many financial decisions involved in purchasing or refinancing a home. The "What can you afford?" calculator provided below may help you decide what type of mortgage is best for you whether you are making a new home purchase or deciding if it is the right time to refinance. Of course, the calculators don't take into account all the factors that should be considered when choosing a new mortgage, rather they are designed to offer assistance. The final decision should always be based on what's best for you and your individual situation. We encourage you to use our online loan applications to initiate the loan approval process. Please call 218-333-4320 if you need assistance.

What can you afford?

Apply for a Mortgage Loan

Home Equity Lines of Credit

A Home Equity Line of Credit can give you access to the equity in your home. The interest rate is often lower than other types of revolving credit, such as credit cards. Interest you pay may be tax deductible – consult your tax advisor. 

Fixed Rate Home Equity Loans

If a regular monthly payment amount is important to you, a Fixed Rate Home Equity Loan might be the right choice. Flexible terms are available. Interest you pay may be tax deductible – consult your tax advisor.

Home Improvement Loans

First National Bank Bemidji offers below market rate home improvement loans for qualifying Minnesota homeowners. We participate in the Minnesota Housing Fix Up Fund through the Minnesota Housing Finance Agency (MHFA).

What can you afford?

We encourage you to use our online loan applications to initiate the loan approval process. Please call 218-333-4320 if you need assistance.

Apply for a Loan