Down Payment Assistance


What If I Don’t Have a Down Payment? If you are considering purchasing a home, one of the first things you will need to consider is a down payment. The larger the percentage of the value of the home you have available as a down payment, the smaller the monthly payments will be in the… [Read More]

How Does Your Credit Score Affect Your Mortgage Rate?

Money & Debt Worries, Young Woman Stressed by Credit Cards

When it comes to calculating mortgage rates, things can seem confusing but we at First Financial want to ease your concerns and make the process as simple as it could possibly be. When you decide to take out a mortgage, your lender will determine the rate at which you are charged interest and therefore how… [Read More]

Choosing a Realtor: What You Need to Know

New Family Home

Are you ready to purchase a home in Lafayette but you’re not quite sure where to start? Bill Lavelle of First Financial Bank can not only help with all of your financing needs, but we can connect you with successful local Realtors who will help you find the perfect home. This week we’ll discuss why… [Read More]

Fixed-Rate vs Adjustable-Rate Mortgages


When it comes to home financing, interest rates are an important factor when choosing a loan type. Choosing the type of interest rate that best fits your financial goals can save you thousands of dollars over the life of the loan. For this week’s blog, we’ll take a look at the differences between fixed and… [Read More]

Mortgages for Dentists


At First Financial Bank – Bill Lavelle, we help dentists and others with professional licenses find mortgages that work for their needs. A dentist mortgage loan is a type of doctor mortgage loan designed for DDS and DMD professionals looking for home financing. Because of the high cost of dental school, many of these professionals… [Read More]

What are Portfolio Loans?

Couple Buying House

When it comes to home financing, you have a lot of choices to consider. A lot goes on behind the scenes in home financing, which ultimately affects what rates and terms you can get. While most mortgages are originated by a lender, then sold on the secondary market to Fannie Mae and Freddie Mac, portfolio… [Read More]

Understanding Jumbo Construction Loans


If you’re ready to build the home of your dreams, it’s important that you search early on for home financing with a great rate and terms. If you are building a high-value home, you’ll need a jumbo construction loan. These loans exceed loan limits set by government-sponsored entities (GSEs) Fannie Mae and Freddie Mac, which… [Read More]

Lawyer Loans


In keeping with our recent focus on blogs about professional loans, this week we’ll introduce lawyer mortgages. Also known as JD mortgages or attorney mortgages, lawyer loans are a special type of home financing designed with lawyers in mind. These professionals, especially new lawyers, often face challenges while searching for mortgages because they have substantial… [Read More]

Physician Loans: Special Financing for Healthcare Providers

success smart medical doctor working with operating room

Physician Loans: Special Financing for Healthcare Providers When it comes to home financing, certain professionals may have difficulty finding home financing despite having a steady income and respected profession. Physicians and other doctors, for example, often have difficulty finding competitive financing because they may have substantial college debt and may not have a very long… [Read More]

What are Professional Mortgage Loans?

modern home

Professional Mortgage Loans: Unique Solutions for Credentialed Professionals In this week’s blog, we’ll introduce professional mortgage loans, which are uniquely designed home financing solutions for different types of borrowers with professional designations. Certain lenders specialize in loans for people with professional certifications, including physicians, dentists, oral surgeons, and other medical professionals, and for attorneys and… [Read More]