As of 2015, First Niagara Bank offers personal loans, mortgages, home equity loans and auto loans, states FirstNiagara.com. The bank also offers personal lines of credit, small business loans and commercial loans.
First Niagara offers several types of home loans, including conventional fixed-rate mortgages, adjustable-rate mortgages and jumbo loans, notes FirstNiagara.com. In addition, the bank offers combined construction and home loans for building a home or remodeling an existing home. Mortgage refinancing loans allow for the refinancing of an existing mortgage to qualified homeowners.
In addition to its own home loan program, the bank also offers government and state bond programs for home loans under the Federal Housing Administration, United States Department of Veterans Affairs, U.S. Department of Agriculture and the Home Affordable Refinance Program. Additional loans are available under the Massachusetts Housing Finance Agency, Connecticut Housing Finance Authority and the State of New York Mortgage Agency.
The bank's home equity loans allow homeowners to borrow money secured by the equity in their existing mortgages. This can be in a lump sum or as a line of credit that allows the borrower to access funds as they are needed.
The small business loans offered by First Niagara include working capital loans for running the business or expanding it.