Find the Right Financing for How You Live in Alaska
First Bank is the leader in residential real estate financing. For over 100 years we have been focused on Southeast Alaska and whether you’re buying your first home, building, refinancing, or investing, our local mortgage team offers a full range of loan programs designed for Alaska borrowers and properties. First Bank is the leading servicer in Southeast for Alaska Housing Finance Corporation loans!
(Please note: Some programs are not included in all areas. Some restrictions may apply.)
Reach out today and let a First Bank Mortgage Loan Originator answer your questions! Call (888) 851-5851 or email mortgage@FirstBankAK.com.
Can access from anywhere any time
Closing cost credits may apply
Helps to understand the homebuying process
Continued learning & support after closing
Flexible options for primary residences, second homes, and investment properties.
Fixed-rate and adjustable-rate mortgages
Low and no down payment options available
Co-signer options
Gifts and Gifts of Equity
3% down payment option
Competitive terms for qualified borrowers
Designed to expand homeownership opportunities.
FHA Loans – Flexible credit and down payment options
VA Loans – No down payment options for eligible Veterans and military members
USDA Rural Loans – 100% financing in eligible rural areas
Programs designed to make homeownership more accessible.
Low and no down payment options
Down payment and closing cost assistance
Education resources and local program partnerships
Includes state and local housing programs for eligible borrowers
Finance the building of a new home with a variety of loan options.
Energy Efficiency Rate Reductions
Alaska Housing Construction Rebate available
Owner-builder and licensed contractor programs
Combine the cost of purchase or refinance with renovation expenses.
One-time or two-time close options
Purchase + renovation
Refinance + renovation
Energy-efficiency and modernization options available
Finance the addition or renovation of an Accessory Dwelling Unit.
New ADU construction
Conversion of existing space
Eligible with select purchase, refinance, and renovation programs
Lower your interest rate or adjust loan terms.
Access home equity for:
Home improvements
Debt consolidation
Major expenses
Simplified refinancing with reduced documentation for eligible borrowers.
FHA Streamline Refinance
VA IRRRL (Interest Rate Reduction Refinance Loan)
Conventional Streamline options where applicable
Loan options for single-family and multi-unit rental properties.
Financing for vacation or seasonal residences
Long-term rental programs
Select non-owner-occupied options
Fixed and adjustable-rate options
Programs tailored for Alaska properties
Rural home financing
Manufactured homes
Community Land Trusts
Talk with a local mortgage expert to explore your options and find the program that fits your goals.
Reach out today and let a First Bank Mortgage Loan Originator answer your questions! Call (888) 851-5851 or email mortgage@FirstBankAK.com.