First Mid Bank & Trust Launches Certified Homebuyer Program
MATTOON — First Mid Bank & Trust has launched their ‘Certified Homebuyer Program’ to give borrowers a head start on securing home financing. First Mid lenders can help potential homebuyers complete their purchase and start a new chapter in their lives even sooner. Buying a home is a monumental decision and it can be overwhelming. First Mid is excited to offer this program to simplify the homebuying process. Becoming certified can help by taking care of the financing paperwork up front and letting potential buyers know what they can afford before searching for a home. The program can also identify any unexpected financing issues ahead of time. While many banks offer prequalified programs, the First Mid Certified Homebuyer Program goes a step further. “Many individuals don’t realize there is a difference between prequalified and pre-approved,” says Chad Abernathy, Chief Retail Loan Officer. “Prequalified is when an application is completed and
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