First Northern Bank Welcomes Commercial Lender, Kip Junker

JULY, 2017 - First Northern Bank is proud to announce the hiring of Kip Junker as Vice President, Commercial Lender in our Gillette branch. With his extensive banking experience and long history in Gillette, Kip will be a wonder addition to our team.

Kip Junker began his banking career in 1979, and moved to Gillette in May of 1987. Kip has held numerous positions within the banking industry and is very excited to be part of a hometown community bank. Kip has been married for almost 30 years and has been very involved in the Gillette community. One of his favorite projects is "Coats for Kids" through the Gillette Kiwanis Club where they give away approximately 1,000 coast every winter to families in need.

Welcome Kip!

Savings for Rural Development Home Buyers

OCTOBER, 2016 - Exciting news is ahead for consumers who qualify for a Rural Development loan. Effective October 1, 2016, Rural Development will significantly reduce both the upfront guarantee fee as well as the annual fee that is charged monthly.

What does this mean for you?

The upfront guarantee fee is changing from 2.75% to 1.0% of the loan amount, and the monthly fee will change from 0.50% to 0.35%. For example, purchasing a $200,000 home loan will save you $3,500 on the upfront funding fee and $25 per month. That's a combined savings of $12,500 over the duration of the loan in comparison to current RD fees.

Interested in learning more? Contact your local mortgage lender today

All credit and loans products are subject to credit approval. Other fees may apply. Information is subject to change without notice. First Northern Bank of Wyoming - NMLS # 402576

First Northern Bank of Wyoming Announces New Ranch Real Estate Loan Product

Long-term, fixed financing for agricultural land

FEBRUARY, 2016 - First Northern Bank is proud to announce a new loan product designed to provide long-term, fixed financing for ranch land. Through this product, qualified borrowers will discover a variety of financing options for purchasing property to keep their business growing and successful.

Until now, purchasing agricultural land was typically met with limited financing options. First Northern Bank's Ranch Real Estate Loan product takes a new approach to eligibility, making it easier for borrowers to qualify for 10-30-year fixed-rate financing. Plus, these new loan options offer more competitive rates and even pre-payment options, without penalty.

"Financing ranch land is a uniquely different process," said Ryan Fieldgrove, V.P. and Senior Lending Officer with First Northern Bank. "It's important for ranchers to work with a lender who specializes in agricultural financing, so they understand the challenges these producers face. We've worked hard to provide part-time and full-time farmers with the options they deserve to grow their operations and meet their business goals."

To learn more about this new Ranch Real Estate Loan Product, visit our agricultural lending page or contact one of our agricultural loan officers at your local branch.

First Northern Bank of Wyoming Announces New Mortgage Program

Flexible financing for country living.

FEBRUARY, 2016 - First Northern Bank is proud to announce the recent addition of RuraLiving, a new rural residential mortgage program. Under the new program at First Northern Bank, qualified borrowers can receive affordable, flexible financing for the country home of their dreams.

Until now, acquiring financing for rural and small ranch properties has been met with limited financing options. The RuraLiving Home Mortgage program offers long-term 30- and 15-year fixed rate financing, with a competitive rate advantage.

"RuraLiving is different than most traditional mortgage programs." said Ryan Fieldgrove, Senior Lending Officer with First Northern Bank. "This program is specifically designed for rural homes and hobby farm properties that do not follow traditional mortgage financing guidelines."

To learn more about this exciting new residential mortgage program, contact a loan officer at your local branch in Buffalo, Sheridan or Gillette or visit our RuraLiving page.