CCNB Physician’s Mortgage
CCNB, your healthy community bank, wants to help you succeed.
Our physician’s mortgage program is available to graduates of medical schools interested in applying for a mortgage with a low down payment. This program is open to assisting physicians, dentists, fellows, residents and graduating medical or dental students with their mortgage financing needs on residential homes throughout the Grand Strand.
Features include:
- Fixed or adjustable-rate options
- Up to 100% financing and no monthly mortgage insurance payments
- Competitive Pricing
- and more
Things to consider before you apply:
- State law may put further restrictions on maximum loan-to-value ratio
- Adjustable-rate mortgages have interest rates that may increase during the life of the loan
- 100 percent mortgage financing will result in no property equity until the borrower pays down the loan principal through regular mortgage payments and/or the property value appreciates
- A down payment may be required if the property is located in a declining market
- Loans only open to residents of the Carolina’s, on a primary residence and subject to credit approval
Questions? Ask a mortgage specialist
