In-House Loans

Our in-house financing can be easier in comparison to other types of home loan applications and also less time-consuming. Here are a few brief descriptions of our home loan options.

Fixed Rate Balloon

These loans can be used to purchase a primary, secondary, or investment property. A balloon loan is amortized over a period that is longer than the term of the loan. Amortization periods available up to 30 years.

Home Refinance 

These loans refinance an existing mortgage, swapping out an old loan for a new (ideally better) one. Benefits of refinancing could include lowering your monthly payment, lowering your interest costs, getting cash out for other purposes, consolidating debt, and possibly getting tax benefits.

New Home Construction 

These loans can finance the construction of a new home. One great advantage of doing your construction loan with CCB is that you don't have to look any further for your permanent financing!

Home Equity 

These loans use the equity in your home to make home improvements, consolidate debt, college education expenses, or other expenses.

Home Equity Line of Credit

This is a revolving line of credit that you can borrow against, up to a certain amount, and make monthly payments. The payments are determined by how much you currently owe on the loan.

Open Land/Lot

These loans provide financing for the purchase of a residential lot or vacant land.

 

Home Improvement Loans

Looking to make some home improvements? From home repairs to new appliances or installing a pool, a personal loan makes it easy to finance any home improvement without depleting your home equity.

 

Home Equity Loans

Put your home’s equity to work for you. Our home equity loan or line of credit lets you turn your home’s equity into cash, allowing you to spend it on home improvements, debt consolidation, college education, or other expenses.

 

Conventional Fixed Rate Loans

Experience easier budgeting with a consistent monthly payment. The usual explanation for a conventional mortgage (also called a conforming mortgage) is a home loan that is not government-insured or guaranteed.

The conventional loan meets the guidelines of either the Federal Home Loan Mortgage Corporation (Freddie Mac) or the Federal National Mortgage Corporation (Fannie Mae).

Features

  • Various terms are available

  • Occupancy

    • Primary Residence

    • Second Home

    • Investment

  • Loan limit is $806,500.00

  • Jumbo loans available

 

Rural Housing Loans

USDA Rural Housing loans are insured by the U.S. Department of Agriculture, and the program's biggest feature is its option for "no money down" financing and its simpler loan approval standards. You and your home must qualify for the program.

Features

  • Fixed-rate loan

  • No down payment required

  • Owner-occupied only

  • Not limited to first-time homebuyers

 

VA Loans

Department of Veterans Affairs (VA) Loans are available to eligible current or former members of the U.S. Armed Forces and their surviving spouses. Veterans with their full entitlement can qualify for more with no down payment required. Loans subject to credit approval.

Fixed-rate loan for Military

  • Borrower must be in service for 90 days to qualify

Owner-occupied only

  • Borrowers must be married to each other to both be on the loan

Loan limits

  • $806,500.00 for 100% financing

Funding fee

  • Can be rolled into loan amount

  • Veterans with 10% or more disability can be exempt

 

FHA Loans

A Federal Housing Administration (FHA) loan provides you with an alternative to conventional financing. A great option for borrowers with limited money available for a down payment, FHA loans allow you to choose a fixed-rate or an adjustable-rate loan.

 

Jumbo Loans

Are you in the market for a home that requires a higher purchase price that a traditional home loan will not qualify for? Speak with one of our lenders to discuss our available Jumbo Home Loans.