Cumberland Bank & Trust - A customer service-oriented community bank, serving Montgomery County & Clarksville, Tennessee.

Types of Mortgage Loans

At Cumberland Bank & Trust, we make applying for a home loan easy. Whether you are buying your dream house or wanting to refinance your current home, we are here to help.

 

VA Loans

  • No down payment required
  • If you are active military, veteran, reservist or National Guard member
  • Fixed rate and adjustable rate payment options are available
  • Personal attention and friendly specialists to guide you through the entire process

 

FHA Loan

  • Down payments as low as 3.5%
  • Seller can assist with up to 6% of purchase price toward closing costs
  • Fixed and adjustable rate options
  • Personal attention and friendly specialists to guide you through the entire process

 

Rural Development Loan

  • No down payment required
  • Closing costs may be financed based on appraised value
  • Expert Advice
  • Personal attention and friendly specialists to guide you through the entire process

 

Conventional Loans

  • Conventional Loans are the most traditional home loans, with both fixed and variable rates.
  • Down payment as low as 3%
  • Variety of terms available
  • Personal attention and friendly specialists to guide you through the entire process

 


What Type of Mortgage is Right For You?

Answer just a few questions to help our team know what type of home loan is right for you!