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It's exciting to dream about a new home but financing that dream can often be a confusing process. The mortgage professionals at Cornerstone Community Financial are dedicated to making this important procedure as comfortable as possible for you. Whether you're in the market as a first-time buyer or interested in tapping into your home's equity, CCF has a number of products to suit your needs with competitive rates and low closing costs. Click here to view our mortgage and home equity rates.
Some features include:
- No fees and/or points options
- Free pre-approvals
- Free 30-day rate lock
Longer term mortgages offer lower monthly payments while shorter terms enable your equity to grow at a faster rate.
- Choose from a 10, 15, 20 or 30-year term
- Typically lower closing costs
- Protects you from rising interest rates
Increase cash flow with a lower interest rate and a lower monthly payment than a conventional fixed-rate mortgage. Qualify for higher loan amounts and buy more house for your money.
1 year ARM – choose from 15 and 30-year terms
3, 5, 7-year ARMs – fixed rate for first 3, 5 or 7 years and adjusting rate thereafter
Balloon mortgages are a great financing tool for 5- or 7-year terms. The rates are amortized over a 30-year period to keep your monthly payments low. If the balloon loan does mature, CCF can help you refinance and avoid a large payoff.
It’s time to achieve your goal of owning a special summer getaway! Check out our 10-year fixed rate or 5- or 7-year balloon mortgages for vacation homes. Balloon rates can be amortized up to 30 years. If you plan to eventually use the home as your permanent residence, longer terms are available.
Home improvements, vacations, college tuition – you name it. Through the flexibility of our CCF Home Platinum Visa credit card, all of these major purchases are possible. Our HELOC is a revolving line of credit you can draw from for a period of 10 years. The rate is variable and can change quarterly.
With CCF’s 10-Second Approval Lending Center, you can put the equity in your home to work sooner than you think. Apply for a HELOC any time or at (866) 281-1965. You’ll receive a quick answer and soon be on your way to gaining financial power!
Tapping into your home’s equity with a fixed rate home equity loan can free up cash for a significant purchase. A 5-year balloon term can be amortized over a 30-year period to keep your payments affordable. Keep in mind that the interest rate on these loans is often tax-deductible. *
* Consult with a tax advisor.
Do you want to build a new deck or add a sunroom to your home? Now you can fix up your home at a price you afford with our home improvement loan.
- $7,500 maximum loan amount
- Terms up to 60 months
- New homeowner eligible
- Purpose must be home improvement
- Home may not have lien on property.
Don’t settle for less than you need for your home improvement needs. Get the total amount you need to do your project from start to finish.
- $15,000 maximum loan amount
- Terms up to 84 months
- Homeowner must own home for minimum 4 years
- Homeowner must have a minimum 4 years continuous employment
- Purpose can be home improvements, debt consolidation, etc.
- Home may not have lien on property
Vacant Land Loans
CCF now offers 2-year balloon loans for vacant land purchases. Based on a 15-year amortization schedule, a 15% down payment is required. It's also important to note construction must begin on the vacant land within 2 years to be eligible. For more information, call 800-777-6728, or email us today for more information.
No points, no fees
CCF also offers mortgages with no fees and no points. Email us or call a mortgage specialist at 800-777-6728 today for more information on this affordable alternative.
Apply Online
You can apply for a mortgage online and receive instant approval 24 hours a day, 7 days a week. Our online application is simple, convenient and secure. It has been designed with state-of-the-art security features to prevent anyone else from viewing your information. Top
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