1st Bank of Sea Isle City offers an array of residential loans
designed to meet the needs of our growing community.
We strive to maintain the best possible rates and payment choices while providing a variety of terms and options. Whether you’re a first-time home buyer, a retiree looking for a place at the beach or anywhere in between, call our Loan Center at 609-263-7823 to speak to a loan specialist about current rates and terms. They will be happy to explain any of our loan products and help you determine which one best suits your borrowing needs.
Primary / Secondary / Investment Homes
- 1 year, 3 year and 5 year adjustable rate
- Fixed Rate Mortgages (various terms available)
Construction Permanent Loans
26-year term; 1st 12 months are interest only based on the daily outstanding balance followed by monthly principal and interest payments for the remaining 25 years.
Lot & Land Loans
Terms: Fixed rate, monthly payments are based on a 15 year amortization with a 3 year maturity. The loan will be due in full in 3 years. No extensions will be granted. Loan to Value of up to 70% of the appraised value or purchase price, whichever is less.
Home Equity Loans
- Fixed Rate/Fixed Term Equity
- Various Terms Available
Home Equity Lines of Credit
- Revolving line of credit account
Tax Deductibility: You should consult a tax advisor regarding the deductibility of interest charges for the line.
Mortgage Booklets and Guides
- Your Home Loan Toolkit
- Consumer Handbook on Adjustable Rate Mortgages
- What you should know about Home Equity Lines of Credit
Ready to Get Started?
You can apply online by clicking the link below or you may call our office for printable applications for Purchase, Refinance and Construction to Permanent Loan Applications.
Apply for a mortgage online Still have questions?
Chat with a Loan Officer or call our Loan Center at 609-263-7823
All loans subject to credit approval.