Loan Products Offered

Home Mortgage Loans

CCFBank will provide the experience and expertise you need throughout the home buying process. A designated lender will guide you through our straightforward solutions, helping you turn your dream of home ownership into a reality.

Conventional
FHA
USDA
VA
Portfolio
Construction

Conventional Fixed Rate

Conventional Fixed Rate Financing:

Multiple Fixed Rate Options
Flexible gift funds down payment options
Minimum down payment as low as 3%* for Qualified First Time Home Buyers
Seller can contribute up to 3% closing costs

*Assuming a purchase of $100,000 and a down payment of $3,000 (3%), the payment on a $97,000, 30 year fixed rate loan at 4.5% (4.634% Annual Percentage Rate) and 97% loan-to-value (LTV) is $491.49. Payment does not include taxes, insurance or mortgage insurance premiums. The actual payment will be greater. APR calculations based on an estimated $1,500 in closing costs. Rates are subject to change. Not all applicants will qualify.

Construction Loan

One-time closing offer to save on time and fees
Up to 10%* down on build
Local decisions and draws
Customized to primary residences and second homes

*Assuming a build of $200,000 and a down payment of $20,000 (10%), the monthly payment on a $180,000, 30 year fixed rate loan at 4.5% (4.634% Annual Percentage Rate) and a 95% loan-to-value (LTV) is $908.62. Payment does not include taxes, insurance, or mortgage insurance premiums. The actual payment will be greater. APR calculations based on an estimated $1,500 in closing costs. Rates are subject to change. Not all applicants will qualify.

FHA Residential Purchase

Minimum down payment as low as 3.5%* of the purchase price
The seller can contribute up to 6% closing costs
Expanded credit score qualifications
Down payment may be a gift from a family member
More buyers qualify due to flexible guidelines

*Assuming a purchase of $100,000 and a down payment of $3,500 (3.5%), the payment on a $96,500, 30 year fixed rate loan at 4.5% (4.634% Annual Percentage Rate) and a 96.5% loan-to-value (LTV) is $487.12. Payment does not include taxes, insurance or mortgage insurance premiums. The actual payment will be greater. APR calculations based on an estimated $1,500 in closing costs. Rates are subject to change. Not all applicants will qualify.

Federal VA Financing

100%* financing available on purchases
No monthly mortgage insurance required
The seller can contribute up to 4% closing costs and pre-paids
Expanded credit score qualifications
Certificate of Eligibility can be obtained by the lender

*Assuming a purchase of $100,000 and a down payment of $0 (0%), the payment on a $100,000, 30 year fixed rate loan at 4.5% (4.634% Annual Percentage Rate) and a 100% loan-to-value (LTV) is $504.79. Payment does not include taxes, insurance or mortgage insurance premiums. The actual payment will be greater. APR calculations based on an estimated $1,500 in closing costs. Rates are subject to change. Not all applicants will qualify.

USDA Guaranteed Rural Housing

Great for first-time homebuyers
Up to $100%* financing
Expanded credit score qualifications

*Assuming a purchase of $100,000 and a down payment of $0 (0%), the payment on a $100,000, 30 year fixed rate loan at 4.5% (4.634% Annual Percentage Rate) and 100% loan-to-value (LTV) is $504.79. Payment does not include taxes, insurance or mortgage insurance premiums. The actual payment will be greater. APR calculations based on an estimated $1,500 in closing costs. Rates are subject to change. Not all applicants will qualify.