What would you do with the money you save on a Commonwealth Bank & Trust Mortgage?
Contact us today to find out more!
Our lending professionals will work with you to help you choose the loan that best suits your situation and to see you get your money quickly and without hassle.
Whether you're refinancing, buying your first home or are purchasing a second home, CB&T has the mortgage product for you. We offer the following mortgages:
Conventional Fixed Rate
loans include a regular monthly principal and interest payment with an interest rate that never changes for the life of the loan. We offer 10 Year, 15 Year, 20 Year and 30 Year payment terms.
Conventional Adjustable Rate
loans are available to our customers who plan to live in their home only a few years. This loan type gives you the advantage of 1 Year, 3 Year, 5 Year, 7 Year and 10 Year Initial Fixed Rate periods. After the initial Fixed Rate period, the loan rate will adjust annually based on market conditions.
FHA Loans (Federal Housing Administration Loans)
allow you to put less money down so you can finance more than a conventional loan should you qualify. FHA Loans make it easier for you to sell your home because qualified buyers may assume the loan when it is time to resell. FHA loans are available with a Fixed Rate or an Adjustable Rate.
VA Loans (Veterans Administration Loans)
offer no down payments for individuals who have served or are currently serving in the military. VA Loans are available with a Fixed Rate.
Kentucky Housing Corporation Loans
offer below market interest rates to qualified first time home buyers.
Short Term Construction and Bridge Loans
provide a flexible program for customers who want to build their dream home or are simply moving up to their next home.
Balloon Mortgages
are available to our customers who plan to live in their home only a few years. This loan type gives you the advantage of having fixed payments for a short period of time, typically less than 5 Years. After the initial fixed payment period, the customer can pay off the entirety of the mortgage balance, refinance or sell their home.
Please call for more information — 259.2300 from Jefferson County and 633.1000 from Shelby County.
