Financing Made Simple
From construction to closing, CCNB offers a seamless construction-to-permanent
loan process to make financing new construction projects simple.
The CCNB Difference:
• Timely inspections and draws with same day funding
• Local decisions and timely answers
• Direct-to-builder draws (upon approval) with no wire fee
• Nominal holdback until final draw is approved
The nuts and bolts:
• One time closing with one set of closing costs
• Over 80% LTV (loan to value) available with PMI*
• Use your lot as equity towards downpayment
• Construction time up to one year
• 5/1 or 7/1 ARM with option to modify to fixed rate at completion with requalification*
• Interest-only payments during construction
• No prepayment penalties
• In-house underwriting and timely decisions
• For primary residence or a second home only
* For qualified borrowers only. Subject to credit approval.
Ready to apply?
Expedite the application process by clicking the ‘apply today’ button below.
Not sure where to start?
CCNB’s mortgage specialists will use our ‘We Can Do That!’ spirit to help you get moving!
Have more questions? No worries, we have answers.
Click below to contact a CCNB submit a question or make a no-obligation, no-pressure appointment with one of our mortgage specialists. It’s free!