Considering New Construction?
Before you pick up a hammer, nail your great rate first.
Our Extended Rate Lock Program For New Construction Only
Whether you lock in a rate for 120, 180 or 240 days, a new construction home mortgage from CCNB provides peace-of-mind knowing you’ve secured a great rate. It’s the best of both worlds, extended protection against the possibility of rising rates and a float-down option if better rates become available before you’re ready to close.* Let CCNB’s dynamic, local in-house underwriting team use our “We Can Do That!” spirit to provide you with timely decisions and competitive rates. To learn more, or ask about the many other programs we offer click here to contact a CCNB Mortgage Specialist today.
*Rates will be determined at time of rate-lock and may vary depending on credit score, loan to value and property usage. The loan must close within the lock period or the lock will expire and will then be repriced at current market rates. If the rate-lock float-down is exercised, the loan must close within 20 days. Approval subject to underwriting. All terms are subject to change without notice and rates are not guaranteed until locked.