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Real Estate Loans

July 4, 2015

Real Estate Loans

CNB offers real estate loans to purchase, construct or refinance primary, second, vacation, and investment properties. We offer competitive interest rates with low closing costs and decisions that are made locally on all in-house loans. Contact one of our mortgage loan officers for more detailed information.

In-House Residential Loans

CNB offers adjustable rate mortgages to help finance the purchase of your new home or to refinance your existing home. The interest rate may go up or down during the term of the loan based on a financial index tied to the loan plus your margin. We currently offer five-year and 7 ½ year adjustable rate mortgages.

Secondary Market Residential Loans

CNB offers a full array of fixed rate secondary market loans.

  • Conventional financing
  • VA loans
  • Jumbo loans
  • Investment property
  • Second homes
  • WV Housing Bond Program – closing cost assistance available to qualified first time home buyers.
  • Rural Development Guaranteed loans

Use our Mortgage Loan Calculator

Construction Loans

CNB offers construction loans and construction permanent loans. With the construction loan, you pay interest only on the funds you have drawn. Once construction is completed you can apply for a mortgage loan. With our construction permanent loan, you pay interest only on the funds you have drawn and when construction is complete you automatically start paying your regular mortgage payment. The advantage of this loan is a one time closing instead of two closings for a construction only loan.

Home Equity Loans

CNB offers home equity loans and lines of credit. Use the equity in your home to finance your child’s education, home improvements and much more.

Land Loans

CNB offers loans to purchase land and building lots. We offer one-year, three-year and five-year adjustable rates.

Important Information About Procedures for Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We will also ask to see your driver's license or other identifying documents.