Make buying or refinancing a home simple. Let our experienced Mortgage Originators provide the right loan for you. Quick approval. Great rates. Flexible terms.
Low costs. Local service. Flexible lending terms.
Get moving into your new home more quickly with CNB's in-house mortgage loan option. There's no maximum loan amount.Subject to credit approval.
Subject to credit approval. Your loan stays with CNB throughout the life of the loan so that your local banker can service your mortgage needs and answer your mortgage questions.
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Quick approvals. Flexible lending options. Local service.
With CNB's Medical Express In-House Mortgages, you'll experience fast approvals, getting you into your home sooner or allowing you to refinance your mortgage faster. Medical Express Mortgages are available to new physicians with confirmed employment contracts and to existing physicians with two years' verifiable income from the medical profession.Subject to credit approval.
Subject to credit approval. You can save thousands of dollars in traditional closing costs and enjoy excellent service from your local bankers.
Lower costs. Quick approvals. Great low rates.
Get into your home sooner with CNB's Executive Express Mortgage, designed specifically for today's executive professionals. Enjoy flexible lending terms that help you achieve your financial goals. Executive Express Mortgages are available for executive professionalsSubject to credit approval.
No payment surprises.
Need to lock in a great mortgage rate? We've got a home loan just for you! With a fixed-rate mortgage, you are protected from payment surprises.Subject to credit approval.
Subject to credit approval. You know exactly what you will be paying toward principal and interest every month for the entire length of the loan, which makes it easier to budget. If interest rates go up, you are protected! Your rate and payment will stay the same.
Up to 96.5% financing available.
Tough credit guidelines keeping you from your dream home? With an FHA loan, you can obtain financing.Subject to credit approval.
Subject to credit approval. The 203(b) home loan, the most popular FHA home loan, even allows 100% of your closing costs to be a gift from a relative, non-profit organization, or government agency. This fixed-rate loan is great for low- to-moderate-income families or first-time homebuyers. FHA loans are helpful if you do not have a 20% down payment saved or if you need assistance with more flexible qualification requirements.
Reduces or eliminates down payment requirements.
If you are a current or former member of the U.S. Armed Forces or the current or surviving spouse of a member, there is a loan option tailored just for you! A VA loan can help reduce or eliminate your down payment requirement, and can even help you get a lower interest rate on your loan. Subject to credit approval.
Subject to credit approval. It will guarantee a maximum of 25% of a home loan amount up to $104,250, and there are no mortgage insurance premiums.
No down payment. No mortgage insurance required.
Obtain 100% financing to purchase an existing home or build a new home in a rural area. Rural Housing Direct Loans are available to allow low- to moderate-income households to become homeowners and are directly funded by the government.Subject to credit approval.
Subject to credit approval. The loan amount is based on 100% of the appraised value, not the purchase price. No down payment, no minimum contributions, and no mortgage insurance are required. This loan option also provides you with flexible credit guidelines and low interest rates. Closing costs may even be included in the loan amount if the appraised value is high enough.
Receive up to 3% in down payment assistance.
Buying a new home, but not sure how you can afford it? The Down Payment Assistance Program can help you cover your down payment and closing costs. This assistance is available to you if you are a first-time homebuyer with a low to moderate income and the price of the property you are purchasing or building is at or below $198,000.Subject to credit approval.
Subject to credit approval. The maximum amount of the down payment assistance is 3% of the loan amount.
Receive up to $6,000 toward mortgage costs.
Are you a licensed teacher looking for a new home? The Housing Assistance for Teachers Program (HAT) is designed just for you! If you are employed for at least three years in a school district where there is a critical shortage of teachers, you can qualify.Subject to credit approval.
Subject to credit approval. Use up to $6,000 for a down payment, closing costs, prepaid expenses, or Private Mortgage Insurance (PMI).
Helps your monthly income by reducing your federal income tax.
Not sure if you qualify for a mortgage loan? No worries. The Mortgage Credit Certificate (MCC) reduces the amount of federal income tax that you have to pay, which frees up your monthly income. The MCC helps you come closer to qualifying for that mortgage loan you need to get your dream home.Subject to credit approval.
Subject to credit approval.
Homebuyers cannot exceed the household income and the home purchase price limits set according to federal tax law and Mississippi Home Corporation guidelines. The MCC will allow you to take a tax credit equal to 25% of the annual interest paid on the mortgage loan for a single-family conventional residence and 40% of the annual interest paid on the mortgage loan for a manufactured single-family home. This is a dollar-for-dollar reduction of your federal tax liability! The property must be owner-occupied. The Mortgage Credit Certificate can be used with 30-year Fannie Mae conventional, fixed-rate, adjustable-rate, FHA, VA, and Rural Development financing. MCCs are not available with MHC Bond financing.
Competitive mortgage rates. Cash advances toward mortgage costs.
Need to reduce your home ownership costs? The Mississippi Home Corporation, through proceeds from the sale of Mortgage Revenue Bonds, can help. You can get a competitive mortgage loan rate because the interest on these bonds is exempt from federal taxes.Subject to credit approval.
Subject to credit approval. You can also get a cash advance to assist with allowable closing costs, the down payment, and origination fees. The program is available statewide and must be originated through MHC participating lenders.
2% down payment. 20-year fixed rates.
Opportunity is knocking! Now may be your chance to become a homeowner with a CNB Home Opportunity Loan. This loan is available to customers looking to purchase or refinance their home in a low- to moderate-income area in Mississippi or with a low to moderate income when the sales price of the home is $150,000 or less. The down payment is as low as 2% on purchases and 5% on refinances.