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The First

Review, Rates and contact information

  • Last updated:
  • March 10, 2024
The First
  • Email
  • ******** ****** ** **
  • Website
  • Phone
  • Location

About

The First Bancshares, Inc., headquartered in Hattiesburg, Mississippi, is the parent company of The First Bank. Founded in 1996, The First has operations in Mississippi, Louisiana, Alabama, Georgia, and Florida. The Company’s stock is traded on NASDAQ Global Market under the symbol FBMS.

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Offered Loan Program Types

  • Bridge
  • SBA
  • Fannie Mae
  • Mezz

Property Types

  • Multi-Family
  • Retail
  • Office
  • Industrial

Loan Amount

$75K - $30M

Time to close

30-60 days

Primary Areas Served

AL, FL, GA, LA, MS

Max LTV

65%

Origination Fee

0.75%

Specialty

Rural Area/Agricultural, Raw Land, Entitled Land, SFR, Storage, Student housing, Townhome,, Transportation, Warehouse, Distribution, Condominium, Mixed-use, Medical, Manufacturing Facilities, Healthcare Real Estate, Deals with credit or asset issues

Portfolio/Blanket loans.

recently closed deals

  • Last updated:
  • March 10, 2024

Loan date

Loan Amount

Property Subtype

Address

ZIP

10/30/2023
$350,000
Vacant - Residential
***** **** **** ***** ******

****

Loan date

10/30/2023

Loan Amount

$350,000

Property Subtype

Vacant - Residential

Address

***** **** **** ***** ******

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10/12/2023
$200,000
Vacant - Residential
***** **** **** *****

****

Loan date

10/12/2023

Loan Amount

$200,000

Property Subtype

Vacant - Residential

Address

***** **** **** *****
10/5/2023
$13,125,000
Retail
***** **** **** **

****

Loan date

10/5/2023

Loan Amount

$13,125,000

Property Subtype

Retail

Address

***** **** **** **
9/22/2023
$276,000
Residential - Duplex/Triplex/Quadplex
***** **** **

****

Loan date

9/22/2023

Loan Amount

$276,000

Property Subtype

Residential - Duplex/Triplex/Quadplex

Address

***** **** **
9/21/2023
$850,000
Residential - Duplex/Triplex/Quadplex
***** **** **** **

****

Loan date

9/21/2023

Loan Amount

$850,000

Property Subtype

Residential - Duplex/Triplex/Quadplex

Address

***** **** **** **

222 Pacific Coast Hwy,
10th Floor El Segundo, CA 90245

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