Investor Loan Special Rates

MMCT Investor Loan Special Rate

Rate Lock

10 -Years
15 - Years
20 - Years
20 - Years

15 - Years 


10 - Years

5 - Years

Rate Adjustments on 5 - Year Option
Rate must change to Wall Street Journal Prime floating annually after intimal fixed period.

Other Conditions:

  • Collateral Property MUST be located in a Majority Minority Census Tract ("MMCT") 
  • No more than one collateral property per loan (multiple loans must be used if multiple tracts)
  • 1 - 4 Family Residential Investor properties only. Not for owner-occupied residences
  • Maximum Loan-To-Value ("LTV") on Purchase and Refinance Loans of 90%
  • Maximum LTV on Cash-Out Refinance Loans of 75%
  • Maximus LTV on Modular/Manufactured home of 80% on Purchase and Refinance and 70% on cash out
  • LTV calculation would include all fees
  • Minimum FICO of 700 on individual borrowers/ Guarantors
  • Prepayment refinance penalty 5, 4, 3, 2, 1 required on all loans over 5 - year rate lock 
  • 1% origination fee required on all loans
  • First Financial Bank Deposit account is required
  • Rate subject to change periodically
  • Rate can be locked for no more than 60 days from rate quote

Please use the Link below to ensure property is located in an MMCT:

Counties with FFB Branches that include MMCTs
Brazos, Dallas, Deaf Smith, Denton, Ector, Ellis, Fort Bend, Harris, Jefferson, Johnson, Jones, Matagorda, Montgomery, Nolan, Orange, Palo Pinto, Tarrant, Taylor, Tom Green, Walker, Wharton, Wise