First Bank is a local company helping investors, as well as first time buyers find the right mortgage product for their needs.

Interviewer:   Hi, I'm Kathy Soltero with Metro Brokers TV and today we are at our annual meeting, 2012 Metro Brokers Annual Meeting at the Wellshire Event Center and we're talking with our sponsors.  Erin is with First Bank and Erin thank you so much for joining us.

Erin Jones:  Thank you for having us.  We are very excited to be here today.

Interviewer:   Tell me about First Bank.  Obviously you guys are busy with doing some loans this year?

Erin Jones:  Yes, we definitely have been.  First Bank is doing very well this year and we've been very excited to help a lot of investors in our community, first time home buyers and we're getting a lot of people into some homes that traditionally maybe couldn't have or are little hesitant to get into the market right now.

Interviewer:   Tell me about interest rates, where are we headed, what's going on, are they going to stay about the same for a while, do we know?

Erin Jones:  I wish I knew.  But they have been staying pretty low, not a lot of changes lately but very advantageous for any buyer, buyer or investor right now, whatever you're looking to do rates are great, commercial or residential.

Interviewer:   Any special programs First Bank has going right now?

Erin Jones:  We actually have been doing a lot of investment properties recently and then we are somewhat unique in the fact that since we are a portfolio lender we have a maximum on the number of properties that any one buyer can have so long as they qualify which I know there is a lot of maximums out there.  So we have a lot of borrowers with many investment properties, we're doing a lot of those.  We started a new home buyer program this year, specifically through First Bank, which we are very excited about too.

Interviewer:   Well Erin, thank you very much for being a sponsor here at Metro Brokers.  We really appreciate it.

Erin Jones:  Thank you very much.

Interviewer:   And for more real estate related videos like this one, be sure to tune into MetroBrokersTV.com.

Posted in Annual Meeting

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