We Close Loans.
We Open Doors.
Meet the FCM Team at First Colony Mortgage in Northwest Arkansas, loan officers and the support crew behind them, with 40+ years of know-how. Five pillars drive everything: Calibration, Connection, Courage, Commitment, and Charity, brought to the table every time the door opens to your next home.
Backed by First Colony. Powered by Neighbors.
Connecting communities since 1984.
Our Northwest Arkansas team pairs the muscle of a national lender with the heart of someone who lives right down the street, the same faces at your closing table and the school pickup line. We explain every step in plain language and treat your loan like it’s our own.
Experience You Can Build On
40+ Years of Experience
Our most senior officer has guided buyers since 1989. That depth across the team means fewer surprises and smarter solutions for your loan.
A Program for Every Scenario
First-time buyers, move-up buyers, self-employed, and investors, with conventional, government, jumbo, construction, and specialty Non-QM options.
Multi-State Licensing
Rooted in Northwest Arkansas and licensed to help buyers across many states. Ask about your area and see available licenses.
See where First Colony is licensed →What Our Clients Say
Hear from the neighbors we’ve helped buy, build, and refinance, and read their words for yourself on Google.
Your new front door is closer than you think.
Tell us about your goals. We’ll help you find the right loan and the right next step.
Get Pre-ApprovedMeet The FCM Team
From your loan officer to the processor and support staff working behind the scenes, you're backed by a full team. Tap any member to view their profile, specialties, and contact info. Every loan is guided from pre-approval to closing day, near or far.
Find the Right Loan for You
Tell us where you are in your journey, we'll walk you through the options that fit and connect you with the right loan officer for your situation.
Never owned a home (or not in the last few years)? You may qualify for first-time buyer programs with low down payments, reduced fees, and access to grants or down payment assistance.
- Down payments as low as 0 to 3.5%
- Down payment & closing-cost help available
- Forgiving credit guidelines
- We map out everything you qualify for
The traditional mortgage that follows Fannie Mae and Freddie Mac guidelines. A great fit for buyers with solid credit who want flexible terms.
- As little as 3% down on a primary home
- Mortgage insurance can drop off near 20% equity
- Lower mortgage insurance cost than FHA
- Works for primary, second home, and investment properties
A government-insured loan that lets you buy with just 3.5% down and more forgiving credit guidelines, a popular path for first-time buyers.
- Just 3.5% down
- Flexible qualifying with higher allowable debt ratios
- Gift funds allowed toward the down payment
- Includes up-front and monthly mortgage insurance
- No-cost “streamline” refinance available later
Earned through your service: eligible veterans, active-duty members, and some surviving spouses can buy with no money down and no monthly mortgage insurance.
- $0 down for eligible borrowers
- No monthly mortgage insurance
- One-time VA funding fee (can be financed)
- Streamline (IRRRL) refinance available
- We help with your Certificate of Eligibility
A USDA-backed loan that helps low-to-moderate-income buyers purchase in eligible rural and many suburban areas with no down payment.
- $0 down in eligible areas
- Financing up to about 103.5% of value
- Low monthly mortgage insurance
- Income and property-location limits apply
- We’ll check your address in seconds
When a home’s price is above standard conforming limits, a jumbo loan bridges the gap with competitive terms for move-up and luxury buyers.
- For amounts above county conforming limits
- Competitive fixed and adjustable options
- Stronger credit and reserve guidelines
- Primary, second home, and some investment uses
A range of grants, forgivable loans, and assistance programs can help cover part, sometimes all, of your down payment and closing costs. Programs change often; we track what fits you.
- Help with down payment and/or closing costs
- Grant and forgivable-loan options
- Eligibility based on income, area, and buyer status
- We match you with what you qualify for
Non-Qualified Mortgages use alternative ways to document income and qualify, opening doors when a conventional loan says no.
- Flexible income documentation
- Built for self-employed, investors, and unique situations
- Often a yes when conventional says no
Qualify using 12 to 24 months of business or personal bank deposits instead of tax returns.
- Uses bank deposits, not tax returns
- Ideal for business owners and 1099 earners
- Reflects your true cash flow
Convert your liquid assets, savings, investments, and retirement into qualifying income.
- Great for retirees and high-net-worth buyers
- Qualify without traditional pay stubs
- Uses your assets as income
Debt-Service Coverage Ratio loans qualify an investment property on the rental income it generates, not your personal income.
- Qualify on the property’s cash flow
- No personal income documentation
- Scale your portfolio faster
Construction financing covers the cost of building, then converts to your permanent mortgage, often a single one-time close so you only sign once.
- Covers construction, then becomes your mortgage
- One-time-close options available
- We coordinate draws with your builder
Secure the right piece of property now and build when you’re ready, structured for a smooth move to a construction loan later.
- Buy the lot now, build on your timeline
- Its own terms and down-payment guidelines
- Sets you up for construction financing
Finance a home’s purchase (or refinance) plus the cost of improvements in one loan, based on the home’s after-renovation value.
- One loan for purchase and remodel
- Based on the after-renovation value
- Turn a fixer-upper into your dream home
A home equity line of credit gives you flexible, revolving access to your equity, borrow what you need, when you need it.
- Flexible, reusable line of credit
- Great for renovations, debt, or big expenses
- We explain draw and repayment clearly
A Home Equity Conversion Mortgage lets homeowners 62 and older turn part of their home equity into cash, with no required monthly mortgage payment. You keep the title, and the loan is repaid when you sell, move out, or no longer live in the home as your primary residence.
- For homeowners age 62 and older
- No required monthly mortgage payment
- Funds as a lump sum, line of credit, or monthly draws
- You keep title to your home
- You stay responsible for property taxes, insurance, and upkeep
- HUD-approved counseling is required
Program details shown are general and for educational purposes only. They are not an offer or commitment to lend or a complete statement of terms. Down payments, interest rates, Annual Percentage Rate (APR), repayment terms, mortgage insurance, and program availability depend on your individual situation, the property, and your state, and are subject to change and to credit and underwriting approval. Talk with a licensed loan officer for terms specific to you.
Keep Your Home, Improve Your Mortgage
Love your home but wonder if your loan could work harder for your family? Refinancing can lower your rate and payment, free up cash for what matters most, or drop mortgage insurance, and we’ll always tell you honestly when staying put is the smarter move.
Talk with a loan officerLower Your Rate & Payment
Trade a higher rate for a lower one to reduce your monthly payment and total interest over time.
Cash Out Your Equity
Put your home’s equity to work for renovations, debt consolidation, or other big goals.
Drop Mortgage Insurance
Built enough equity? Refinancing may let you remove monthly mortgage insurance.
Pay Off Sooner
Shorten your term, say from 30 to 15 years, to own your home faster.
If you already have an FHA loan, a streamline refinance can lower your rate with reduced paperwork and often no new appraisal.
- Simplified documentation
- Often no appraisal required
- Lower your rate and payment
The VA Interest Rate Reduction Refinance Loan helps VA homeowners lower their rate with minimal documentation and, in most cases, no new appraisal.
- Minimal paperwork
- Usually no new appraisal
- No monthly mortgage insurance
Replace your current loan with a new rate or term to reduce your payment or pay your home off faster.
- Lower your rate or monthly payment
- Shorten or extend your term
- Drop mortgage insurance with enough equity
Refinance for more than you owe and take the difference in cash, for renovations, debt, or other needs.
- Access your built-up equity
- Fund renovations or consolidate debt
- One new loan and payment
Combine a first and second mortgage (or other balances) into one streamlined loan and payment.
- Combine multiple balances
- One simpler monthly payment
- Potentially lower overall cost
From First Call to Keys in Hand
A clear, six-step roadmap so you always know exactly what’s next, with a real person beside you the whole way.
TidalWave
Pre-Qualification
We review your income, debts, and credit, then match you with the loan program that fits, so you know your budget and can shop with confidence.
Application
Usually right after your offer is accepted. You complete the application and provide documents (pay stubs, W-2s, bank statements), and sign your initial disclosures showing the loan amount, rate, and fees.
Processing
Your processor orders the appraisal, title work, and homeowners insurance, and verifies the details on your application. The complete package then heads to underwriting.
Underwriting
The underwriter checks everything against the loan guidelines, including the appraisal and title, and may request a few final items. Once it all checks out, your loan is approved.
Closing
You sign the final documents that spell out your loan terms, bring your down payment, and a licensed title officer facilitates the signing.
Funding
After signing, the loan funds, the money is sent, and the sale is recorded with the county. The keys are yours. Welcome home.
Estimate Before You Apply
Friendly estimates to help you plan. When you're ready for real numbers, our team is one call away.
Choose your loan type, fill in the details, and hit Calculate.
Enter your income and debts to see an estimated budget.
Enter the price, rent, and expenses to see the cap rate and cash flow.
Fill in the details to compare the cost of buying versus renting.
Enter your loan details and any extra payments to see your payoff schedule and the interest you could save.
Tools to Grow Your Business
Resources to help you market listings, serve buyers faster, and close with confidence. Built for our agent partners. Request anything below and we’ll get it to you.
Co-Branded Flyers & Banners
Listing flyers, open-house sheets, and social graphics co-branded with you and your loan officer.
Request materials →Today’s Rates & Scenarios
Current rate scenarios and monthly-payment breakdowns for your listings and buyers, sent same day.
Get today’s rates →Fast Pre-Approvals
Strengthen your buyers’ offers with quick, dependable pre-approvals that help you win.
Send a buyer over →Listing Payment Sheets
A clean “monthly cost” one-sheet for any listing price to share with prospective buyers.
Request a sheet →Market & Rate Updates
Plain-English market and rate updates you can pass straight along to your clients.
Subscribe →Co-Host a Workshop
Partner with us on first-time buyer and homebuyer-education events in your market.
Let’s plan one →Mortgage & Home-Buying Basics
Straight answers to the questions we hear most, and if you don’t see yours here, reach out to any officer on our team.
A pre-qualification is a quick estimate based on information you share. A pre-approval is stronger: we review your income, assets, and credit and issue a letter showing what you can borrow. In a competitive market, a pre-approval makes your offer far more credible to sellers.
Less than most people think. Conventional loans can start around 3% down, FHA at 3.5%, and VA and USDA offer $0 down for eligible buyers. Down payment assistance programs may help cover part of the down payment or closing costs. We'll walk through which options you qualify for.
There's no single magic number. Many programs work with lower scores, and a higher score generally earns a better rate. If your credit isn't where you want it yet, we can outline a clear plan to strengthen it before you apply.
DTI compares your monthly debt payments to your gross monthly income. Lenders use it to gauge how comfortably you can take on a mortgage. Lower DTI gives you more borrowing room; paying down a card or two before applying can make a real difference.
Closing costs cover items like appraisal, title, lender fees, and prepaid taxes and insurance, often roughly 2% to 5% of the purchase price. In some cases a seller credit or specific loan program can offset part of them. We give you a clear estimate up front, with no surprises at the table.
The interest rate is the cost of borrowing the loan amount. The APR folds in certain fees to show the broader yearly cost, so it's useful for comparing offers. Paying discount points lowers your rate in exchange for an upfront cost, worth it only if you'll keep the loan long enough to break even.
A rate lock holds your rate for a set period while your loan is processed, protecting you if rates rise. Because markets move daily, we'll talk through timing so you can lock with confidence at the right moment for your situation.
Yes. Beyond standard loans, we offer specialty and Non-QM options: bank statement loans that use deposits instead of tax returns, asset depletion loans that qualify you on your assets, and DSCR loans that qualify investment properties on their rental cash flow. If a traditional loan doesn't fit, there's often another path.
Pre-approval is often 24 to 72 hours with complete documents. From accepted offer to closing commonly runs about three to five weeks, depending on the loan type, appraisal, and how quickly documentation comes together. We keep things moving and keep you informed throughout.
First Colony Mortgage's company NMLS is 3112, and each loan officer's individual NMLS number is listed on their profile. You can verify any of them at nmlsconsumeraccess.org.
Most buyers will need recent pay stubs, W-2s or 1099s, the last two years of tax returns, recent bank and asset statements, and a photo ID. If you're self-employed, we may also ask for profit-and-loss statements. We'll give you a clear, personalized checklist up front so nothing slows you down.
A pre-approval involves a credit check, which can cause a small, temporary dip. The good news: when you shop for a mortgage, multiple inquiries within a short window are typically treated as a single one, so comparing rates won't stack up against you. The long-term impact is usually minimal.
Yes, and we recommend it. A pre-approval shows what you can comfortably afford and makes your offer far stronger when you do find the right place. In a competitive market, having it ready can be the difference between winning a home and missing out.
Refinancing can make sense when rates drop, when you want to shorten your term, switch from an adjustable to a fixed rate, tap into equity, or remove mortgage insurance. We'll run the numbers with you to see whether the long-term savings outweigh the upfront costs for your situation.
We're rooted in Northwest Arkansas, Rogers, Bentonville, Fayetteville, Springdale, and the surrounding communities, and licensed to help buyers across multiple states. Ask us about your area and we'll confirm availability.
Let's Connect
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First Colony Mortgage ·
Equal Housing Opportunity
Start Your Pre-Approval
Pre-approval starts with choosing the loan officer you'd like to work with. Pick whoever fits your situation and you'll head straight to their secure application, or call us and we'll match you with the right person.
Get Pre-ApprovedPrivacy Policy
First Colony Mortgage Corporation (“First Colony,” “we,” or “our”) takes the privacy and security of our customers’ personal information seriously. Due to the nature of our business, we are required to collect information that may be personal, confidential, or otherwise nonpublic.
Information We Collect
First Colony collects personal and nonpublic information from you during the mortgage application process, whether completed in person, by telephone, or electronically. Providing this information is voluntary; however, it is required in order for us to provide mortgage products and services.
The information we collect may include, but is not limited to, your name, address, contact information, Social Security number, date of birth, income and employment information, asset information, tax information, credit history, debt obligations, and information related to the purpose of your loan. We may also obtain information from third parties such as credit reporting agencies, employers, banks, and other service providers in connection with processing your loan application.
When customers use our website or apply online, we may also collect limited information through aggregated or analytical tools, such as website usage data and page views. This information is used for operational and performance purposes and is not used to identify individual consumers.
How We Use Your Information
We use the information we collect to evaluate your loan application, discuss available loan options, determine your eligibility for mortgage products, process your loan to completion, service your loan as applicable, comply with legal and regulatory requirements, manage risk, and improve our products and services.
Information Sharing With Affiliates
First Colony may share certain personal and nonpublic information with companies that are affiliated with us through common ownership or control. This includes our affiliated insurance company, First Insurance LLC, which may contact you to offer homeowners insurance or related insurance products in connection with your mortgage loan.
Information may be shared with First Insurance LLC as part of mortgage-related services or transaction support, as permitted by applicable federal and state law, including where such sharing falls within servicing or transaction-related exceptions.
Sharing information with First Insurance LLC is limited to what is permitted by applicable federal and state law and is conducted in a manner consistent with our privacy and information security obligations. You are not required to obtain insurance through First Insurance LLC as a condition of receiving a mortgage loan from First Colony. You may choose any insurance provider of your choosing.
Affiliate Marketing Opt Out
You may limit certain information sharing with First Insurance LLC for marketing purposes. To opt out of affiliate information sharing where permitted by law, please use the following link: firstinsurance.com/optout.
If you opt out, we will not share your information with First Insurance LLC for marketing purposes, though we may still share information as permitted by law to process or service your mortgage transaction.
Information Sharing With Non-Affiliated Third Parties
First Colony does not sell personal information, including as that term is defined under applicable state privacy laws. We may share limited information with non-affiliated third parties only as necessary to process, service, or complete your loan, as authorized by you, or as otherwise permitted or required by law. These parties may include appraisers, title companies, settlement agents, insurers, investors, secondary market participants, and service providers.
We may also disclose information as required by law, court order, or governmental regulation, or when we believe disclosure is necessary to protect the rights, property, or safety of First Colony, our customers, or others.
Information Security
We restrict access to personal and nonpublic information to employees and authorized parties who need the information to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with applicable federal and state regulations to protect your information. Personal and nonpublic information is retained only for as long as necessary to fulfill business, legal, and regulatory requirements.
Text, Phone, and Electronic Communications
With your consent, which may be provided separately and may be revoked at any time, First Colony and First Insurance LLC may contact you by phone, text message, or electronic communication regarding mortgage related services or insurance products. Your consent to receive such communications is not a condition of obtaining a mortgage loan.
Your Privacy Choices
If you wish to update your information, limit communications, or exercise any applicable opt out rights, you may contact us at any time by calling 1-866-200-1110 and asking to speak with our compliance department.
Mobile Application and Third-Party Technology
First Colony utilizes third-party technology providers to support its mortgage application and loan processing services. Our mobile and digital application platforms are powered by nCino, Inc. and TidalWave.ai, which perform similar functions. Through these platforms, applicants may upload images and documents and provide information necessary to complete the mortgage application process. Information transmitted through these platforms may include images, documents, and limited device or usage data required to support application functionality. Additional information regarding these providers’ privacy practices may be reviewed at ncino.com/privacy-statement and tidalwave.ai/privacy-policy. These third-party service providers act solely as service providers to First Colony and are permitted to use customer information only as necessary to perform services on our behalf. They are contractually required to maintain appropriate administrative, technical, and physical safeguards to protect personal and nonpublic information.
State Licenses
First Colony Mortgage Corporation
Corporate Office: 801-226-7456 · Toll Free: 1-866-200-1110
- Alabama: Consumer Credit License #22894
- Alabama: Broker License #22895
- Arkansas: License/Registration #118723
- Arizona: License/Registration #BK-0928118
- California: DFPI Residential Mortgage Lending Act License #41DBO-109317
- Colorado: License/Registration #3112
- Connecticut: Mortgage Lender License ML-3112
- Delaware: License/Registration #040367
- District of Columbia: Mortgage Lender License MLB3112
- Florida: License/Registration #MLD1895
- Georgia: Residential Mortgage Licensee #3112, 2100 W Pleasant Grove Blvd, Suite 100, Pleasant Grove, UT 84062
- Idaho: License/Registration #MBL-9682
- Indiana: DFI Mortgage Lending License
- Illinois: License/Registration MB.6761844
- Iowa: License #2024-0017
- Kansas: Licensed Mortgage Company; License #MC.0025928
- Kentucky: License #MC828144
- Louisiana: License/Registration #3112
- Maine: License/Registration #ML3112
- Massachusetts: Mortgage Lender ML3112
- Maryland: License/Registration #3112
- Michigan: License/Registration #FR0025272 / SR0025300
- Minnesota: License #MN-MO-3112
- Mississippi: Registered Mortgage Company; License/Registration #3112
- Missouri: License/Registration #3112
- Montana: License/Registration #3112
- Nebraska: License/Registration #3112
- Nevada: License/Registration #4848
- New Hampshire: License/Registration #26548-MB
- New Jersey: License/Registration #3112
- New Mexico: License/Registration #3112
- North Carolina: License/Registration #L-218069
- North Dakota: License #MB104073
- Ohio: License/Registration #RM.805104.000
- Oklahoma: Mortgage Lender License #MLO13421
- Oregon: License/Registration #ML-5729
- Pennsylvania: License #90440
- Rhode Island: License/Registration #20244743LL
- South Carolina: License/Registration #3112
- South Dakota: License #3112.ML
- Tennessee: License/Registration #212865
- Texas: License/Registration #3112
- Utah DRE: License/Registration #5492455
- Utah DFI: License/Registration #3112
- Vermont: Lender License LL-3112
- Vermont: Loan Servicer License LS-3112
- Virginia: License/Registration #3112
- Washington: Consumer Loan Company License #CL-3112
- West Virginia: License/Registration #ML-3112
- Wisconsin: License/Registration #3112BA
- Wyoming: Mortgage Lender/Broker License #3261
- Wyoming: Supervised Lender License #SL-3905
Texas Residents: Consumers wishing to file a complaint against a mortgage company or residential mortgage loan originator licensed in Texas should send a completed complaint form to the Department of Savings and Mortgage Lending (SML): 2601 N. Lamar Blvd., Suite 201, Austin, Texas 78705; Tel: 1-877-276-5550. Information and forms are available on SML’s website: sml.texas.gov.
Borrowers from California: Licensed by the California Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act; LIC #41DBO-109317.
State of Illinois Community Reinvestment Notice: The Department of Financial and Professional Regulation (Department) evaluates our performance in meeting the financial services needs of this community, including the needs of low-income to moderate-income households. The Department takes this evaluation into account when deciding on certain applications submitted by us for approval by the Department. Your involvement is encouraged. You may obtain a copy of our evaluation. You may also submit signed, written comments about our performance in meeting community financial services needs to the Department. (Source: P.A. 101-657, eff. 3-23-21.)
First Colony Mortgage is an Equal Housing Lender · NMLS #3112
Foreclosure Alternatives
Loss Mitigation and Exploring Alternatives to Foreclosure
During the course of home ownership, increased expenses or changes in your family income may make it difficult to pay your bills including your monthly mortgage payments. You should always keep your mortgage payments current if possible. But if you cannot continue to make your monthly mortgage payments for reasons beyond your control, please contact us to discuss various alternatives to foreclosure depending on your specific circumstances.
If your payment difficulties are temporary, you may qualify for one of the following options:
- Reinstatement: This is the payment of the total amount due in a lump sum by a specific date.
- Forbearance plan: This allows you to reduce or suspend payments for a short time and then bring your loan current. A forbearance plan may be combined with a reinstatement when you know that you will have enough funds to bring your loan current at a later date, such as a tax refund, insurance settlement, or investment reaching maturity.
- Repayment plan: This is an agreement to resume making your regular monthly payments plus a portion of the past due amount each month until you bring your loan current.
If your payment problem is long-term or it is not likely that you will be able to bring your loan current at any time, other options may be appropriate including the following:
- Modification: If you are able to make some monthly payment but are unable to bring your loan current, a modification changes the terms of your loan permanently to make the monthly payments more affordable. These changes may include one or more of the following: adding the missed payments to the loan balance, reducing the interest rate, or extending the term of your loan.
- Sale of property: The property is put on the market and the mortgage loan is paid off from the proceeds at closing. In a “short-sale” situation, the lender accepts less than the total amount due and still considers the loan paid-in-full.
- Deed-in-lieu of foreclosure: Foreclosure is a legal process by which a lender takes ownership of your home if you do not make the mortgage payments. With a “deed-in-lieu” the lender accepts a transfer of the title to your home instead of foreclosure.
- Partial claim: You may be able to receive a one-time interest-free loan from the mortgage guarantor to bring your loan current. You may be allowed several years before repaying this separate loan.
Please call our Loss Mitigation Department toll-free at 1-866-200-1110. A member of our staff will conduct an interview to determine your circumstances and explore options that may be available to you. Please do not delay, the sooner that you call, the more likely we can find an alternative for you. In order to begin the review process, please have the following information available and ready when you call:
- Your mortgage loan account number
- A brief explanation of your financial circumstances
- Your recent income documents including pay stubs and benefit statements from Social Security, disability, unemployment, retirement or public assistance
- Your tax returns from the previous two years
- A detailed listing of your monthly household expenses
The U.S. Department of Housing and Urban Development (“HUD”) sponsors housing counseling agencies throughout the country that provide advice and guidance regarding mortgage loan defaults, foreclosures, credit issues and foreclosure alternatives. You can find a HUD counselor in your area by visiting the HUD website or by calling HUD toll-free at 1-800-569-4287.
Note: This is an attempt to collect a debt and any information obtained during a call will be used for that purpose. If you are currently protected by the filing of a petition in bankruptcy or have been discharged in bankruptcy, this summary is for information purposes only and should not be considered as an attempt to collect the debt.