CBT Real Estate Loan Services
Here For You!
Building or buying? Refinancing or seeking the flexibility of a Home Equity loan?
Community Bank & Trust has been helping to make the dream of home ownership a reality for over a century. Our experienced staff of lending professionals can work with you to maximize your financial options and then design a mortgage plan to meet your individual, specific needs.
Community Bank & Trust is owned by the employees who serve you. All lending decisions are made locally by experts who know and understand this area. Because we are a community bank CBT can provide you with more solutions, faster service and better pricing of mortgage products.
Check Out CBT’s Home Loan Specials
4.99% Fixed Interest Rate For 3 Years (APR as low as 5.36%)
Fixed Rate Mortgage
Conventional home loan. Offers the security of knowing that your principal and interest will remain constant during the life of the loan.
Balloon Mortgage
May be used to purchase a home or other real estate, make improvements to an existing dwelling, or refinance present real estate mortgage. The interest rate is fixed for a set term although monthly payments are usually based on what you would pay for a longer term loan with a balloon payment at the end of the term and the opportunity to extend the loan at the current interest rate.
Interest First
Pay interest only on your mortgage for a set term with payments calculated on a longer term amortization. Provides for increased financial flexibility and frees up cash for other needs.
Rural Home Loans
Finally achieve that dream of a home in the country with CBT fixed rate, long term financing. If you are seeking to add extra acreage or production capacity CBT has in-house Agriculture Loan experts to help you every step of the way.
Home Equity Loans
Use the equity in your home to provide cash or a line of credit to buy a car, make home improvements, pay for tuition, take a vacation, pay off other debt, etc. The interest you pay may be tax deductible (consult a tax advisor). Variable rate loan.
Reverse Mortgage
A Reverse Mortgage is a government insured loan program that allows senior homeowners (62 and over) to convert a portion of their home equity into usable cash. There are no monthly mortgage payments or tax consequences. You do not forfeit any of your rights as the homeowner. You or the heirs of your choosing decide when or if the home is to be sold and when the loan is repaid. 100% of the remaining equity in the home, after sale, belongs to you, your heirs or your estate.
Refinance Mortgage
Typically used to shorten or extend your current mortgage terms or to reduce the interest rate you are paying on your current mortgage. May also be designed to provide cash back for home improvement, debt consolidation, or other purpose.
Construction Loans
Build that dream home! Available to qualified builders and to individuals building custom homes with professional contractors. Provides funding through the construction phase of a homebuilding project. Interest paid only on funds actually advanced for construction. Upon completion of construction, CBT can provide permanent financing through one of our many mortgage products.
Commercial Real Estate
A CBT Commercial Lender can explain our wide variety of competitively priced loan packages for commercial real estate needs including specially designed packages for purchase of property, building or improvement, new construction and expansion.
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