Mortgages & Home Equity Loans
It's exciting to dream about a new home, but financing that dream can often be a confusing process. The mortgage professionals at Cornerstone Community Financial are dedicated to making this important procedure as comfortable as possible for you. Click here for a list of CCF's Registered Mortgage Loan Officers.
Whether you're in the market as a first-time buyer, or interested in tapping into your home's equity, CCF has a number of products to suit your needs with competitive rates and low closing costs. Click here to view our mortgage rates.
Some features include:
- Free pre-approvals
- Free 30-day rate lock
Fixed Rate Mortgages 
Longer term mortgages offer lower monthly payments while shorter terms enable your equity to grow at a faster rate.
- Choose from a 10, 15, 20 or 30-year term
- Typically lower closing costs
- Protects you from rising interest rates
Adjustable Rate Mortgages (ARMs)
Increase cash flow with a lower interest rate and a lower monthly payment than a conventional fixed-rate mortgage. Qualify for higher loan amounts and buy more house for your money.
- 1 year ARM – choose from 15 and 30-year terms
- 3, 5, 7-year ARMs – fixed rate for first 3, 5 or 7 years and adjusting rate thereafter
FHA Mortgage
An FHA mortgage can make your home buying dream a reality with competitive rates and a low down payment. Instead of a typical down payment, a buyer can put down as little as 3.5%. The FHA also limits fees that can be charger to the borrower. For example, the loan origination can not surpass 1% of the mortgage amount.
- Competitive, conforming interest rates
- Very low down payment which can be a gift from an immediate family member
- Payment includes property taxes and homeowner's insurance escrow
- Accommodates lower credit scores
- Available for single family, duplex, 3-4 unit or FHA approved condo
- Sellers can help pay for your closing costs and prepaids
- Parent or relative co-mortgagor is allowed
- Cash out up to 85% loan-to-value
Fixed Home Equity Loans and Home Equity Lines of Credit
Click here for more information about CCF's Home Equity Loans and Lines of Credit. Click here to view our Home Equity Rates
Apply Online
You can apply for a mortgage online and receive instant approval 24 hours a day, 7 days a week. Our online application is simple, convenient and secure. It has been designed with state-of-the-art security features to prevent anyone else from viewing your information.
Mortgages provided by and serviced through CCF's mortgage partner, Member First Mortgage.
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