FNBO

FNBO

Maximum Leverage

Purchase Short-Term (no Value-Add)
Purchase Long-Term
Refinance Short-Term (no Cash Out)
Refinance & Cash Out Short-Term
Refinance Long-Term (DSCR)
Residential Fix & Flip
Residential Rehab & Hold
Multifamily Value-Add
Loan Programs
Property Types and Loan Types
Junior Liens
Junior Lien Loan Amounts
Junior Lien Interest Rates
Origination Fees
Junior Lien Loan-to-Value
We Fund Junior Position Loans
Land Loan
Max LTV for Land
Max LTC for Land Acquisition
Purchase Loan
Max Loan-to-Purchase Price
Borrower Must Have Property Under Contract
Will Provide Proof of Funds Letter
Will Consider Lending on Purchase from Auction
Rehab Value Add Loan
Experience Required
Minimum Number of Value-Add Projects Completed by Borrower
Will Consider Lending on Purchase from Auction
Max LTC for Renovation Costs
Interest Charged for Renovation Costs
Typical Number of Days for Funds Draw
Construction Loan
Development Experience Required
Minimum Number of Ground-Up Construction Projects Completed by Borrower
Max LTC for Ground-Up Construction Costs
Interest Charged for Construction Costs
Will Lend on Partially Completed Construction Projects
Residential Long-Term DSCR Loans (1-4 Units)
Minimum Loan Amount
Maximum Loan Amount
Minimum Interest Rate
Maximum Interest Rate
Minimum Origination Fee
Maximum Origination Fee
Minimum Loan Term
Maximum Loan Term
Minimum Loan-To-Value
Maximum Loan-To-Value
Minimum Property Value
Seasoning Time
Minimum Debt Service Coverage Ratio
Minimum Credit Score
Will lend on vacation homes and short-term rentals
Will Lend on a Portfolio of Properties

Details and Requirements

Maximum Units for Multifamily Properties
Pre Payment Penalty
Deposit Required
Will lend to a foreign national
Will Consider Equity Joint Venture
Personal Guaranty (Recourse) Required
About

FNBO is the great big, small bank and for more than 165 years, we’ve been with you where you are. Our purpose is to improve the financial well-being of our customers and ensure the success of all the communities we call home. We firmly believe that for a community to be strong, every individual must also have the resources and opportunities to succeed.

When an individual is financially well, they can afford the things they want and need. They can also save for the future, create generational wealth and help support their local economies. Of equal importance, when an individual is financially well, they experience less financial stress and can focus on what matters most to them.

Every facet of our business is focused on financial wellbeing. Our purpose-led approach drives how we serve our customers to help them achieve their goals, how we provide our employees with an inclusive environment in which to excel, how we engage the businesses we purchase goods and services from, how we support nonprofit organizations in our communities and even how we work to sustain and improve the environment.

We’re independent, family-owned and focused on the long view instead of the next quarter. It’s been our recipe for success for more than 165 years. Since our inception, our holding company – First National of Nebraska – has grown to 5,000 employees with locations in eight states and over $30 billion in assets. We use this success to invest millions back into our communities, focusing on key areas of need, such as Affordable Housing & Neighborhood Stability, Entrepreneurship & Small Business Development, Education & Workforce Development and Environmental Sustainability.

FNBO’s mission is grounded in building and maintaining long-term relationships by delivering a superior customer experience. We believe in and live by our mission and core values: Integrity in every interaction. Respect for our employees, customers and shareholders. Passion for all that we do.

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