Personal Loan Options

Auto Loans

New lower rates make an auto loan from First Bank even better! If you're thinking of purchasing a reliable car or truck to get you where you need to be, or to make living here in Southeast Alaska a little easier, we offer loans that can make a difference when you are making your buying decisions. Each applicant is treated as an individual to give them the best rate and terms designed meet their situation and budget.

Boat and Recreational Vehicle Loans

Fair weather sailors and serious boaters alike will appreciate the rates and loan terms that fit boats of any size. Each applicant is treated as and individual to give them the best rate and terms designed meet their situation and budget. We also offer financing for a variety of recreational vehicles for use on water or land so you can truly enjoy the great outdoors of southeast Alaska.

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Home Equity Line of Credit

One Loan, Your Choice! This may be the most flexible loan available! Just one step up from the First Line is the First Equity Line of credit. Use the power of the equity you have built up in your home to receive a much more favorable interest rate and usually a higher credit limit. Again, your money is easy to access and ready to use for anything you need. The interest you pay on this credit line may also be tax deductible. Consult your tax advisor for details. If you think you'd prefer a longer-term loan instead of a revolving line of credit, check out our Home Improvement Loans!

Home Improvement and Home Construction Loans

With home ownership there always seems to be one more project. You may need to add a room, close off a carport, put a new roof on the house, or maybe you just need some extra cash for a special project or purchase. If your projects are varied, relatively short term in nature and you like the flexibility of a credit line; a Home Equity Line of Credit might meet your needs. If you plan to consolidate debts, make larger purchases, or are planning a larger project; our Equity PLUS loan with its low rate and longer terms could be just what you need to do the job and keep your payments low. Using the equity in your home may be the most economical way to borrow money and you and the interest may be tax deductible (please consult your tax advisor). An investment in your home now could pay dividends in the future when it's time to sell. In the meantime, you'll enjoy the fruits of your labor!

Home Mortgage Loans

A home is a very important possession. First Bank offers many ways to move into your home, whether it is ready-built or new construction. Our real estate lenders are prepared to discuss the real estate financing process with you and to recommend the program that will be most beneficial. Be sure to ask about FHMC (Freddie Mac), Alaska Housing (AHFC), Alaska Housing Rural programs, and other programs designed for Alaskan and first time homebuyers. First Bank can also provide construction financing to form a complete real estate package.

Unsecured Personal Loan

Whether you need a "getaway" vacation or to make a special visit to see family members and friends, First Bank has a variety of loans that will help you fill the gap between your cash needs and your cash in savings. We offer straightforward, simple interest installment loans that can be structured to match your purchasing and borrowing plans with convenient terms of repayment.

Unsecured Line of Credit

Our First Line may be just what you need when you'd like a low cost revolving line of credit. Your First Line of credit is a powerful tool for travel expenses, home repairs, consolidating high interest rate credit cards, or as an emergency fund. Your First Line offers a rate much lower than most credit cards and is accessed by transferring funds from your credit line to your checking account either in person, via telephone or the Internet. You can also write a check directly off your credit line. The line may even be used for overdraft protection. Payments to the line are automatically deducted from your First Bank checking account.