SuperMoney
  CNB Mortgage Loan
CNB Mortgage Loan
in Home Loans from CNB
Unaffiliated

CNB Mortgage Loan

Unaffiliated
in Home Loans from CNB
Not enough votes for recommendation

Not enough votes for recommendation

Explore a similar product
Try this top product in Home Loans.
New American Funding Home Mortgage
New American Funding Home Mortgage 44 reviews
Highlights
Loan Amount N/A
Loan Term (Years) 5 - 30 years
Credit Score Range 650 - 840
No Origination Fee N/A

CNB Mortgage Loan Review

CNB Mortgage Loan is offered by CNB, a bank founded in 1973 and based in Sevierville, TN. CNB Mortgage Loan is available in 1 state across the USA.

Key Takeaways

  • 4 different mortgage programs offered. CNB Mortgage Loan offers FHA, USDA, VA, conforming, and conventional mortgages.
  • Financing for a variety of property types. Offers home loans for manufactured, single, and multi-family homes.
  • Considers personal use and investment properties. Financing available for primary homes, vacation homes, and even investment homes, such as rental properties.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
  • Fair credit accepted. Borrowers with a credit score as low as 650 may qualify for CNB Mortgage Loan.

CNB Mortgage Loan Pros & Cons

Pros Cons
  • Considers applicants with fair credit.
  • Offers financing for single family, multi-family, and manufactured homes.
  • Charges an origination fee.
  • Charges prepayment fees.
  • Only available in 1 state.

CNB Mortgage Loan FAQ

What is the maximum loan term you can get with CNB Mortgage Loan?

CNB Mortgage Loan offers mortgages with terms ranging from 5 to 30 years. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

What mortgage rates does CNB offer?

Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.

Do they charge mortgage origination fees?

Yes, CNB Mortgage Loan may charge a loan origination fee.

What mortgage programs are available?

Besides conventional mortgages, CNB Mortgage Loan offers the following mortgage types:

  • FHA loans: FHA loans are mortgages insured by the FHA. They offer competitive mortgage rates and have less stringent eligibility requirements. However, borrowers must pay a mortgage insurance premium. For instance, you can apply for an FHA loan with a credit score as low as 580. Co-applicants are allowed and you can qualify for a down payment as low as 3%.

What property usage types does CNB Mortgage Loan allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. CNB Mortgage Loan allows the following property usage types: 

  • Primary home
  • Secondary homes and vacation properties
  • Investment properties and house flipping projects

What is the customer service phone number?

The customer service number for CNB Mortgage Loan is .

What is the support contact email?

The support contact email for this business credit card is bank@cnbtn.com.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 1 state
Tennessee
Availabile in all of Tennessee

Feature Breakdown

Credit Score Range 650 - 840
Employment Statuses Considered
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Intended Use
  • Primary Home
  • Secondary Home
  • Investment
Minimum Age 18
Property Type
  • Single Family Home
  • Townhome
  • Multi-Family Home
  • Manufactured/Mobile Home
Verification Documents Required
  • Driver License (or other photo ID)
  • Recent Pay Stubs
  • Proof of Identity
  • Government Issued Photo ID
  • Recent Bank Statements
  • Social Security Number
Loan Term 5 - 30 years
Mortgage Programs
  • FHA
  • USDA
  • VA

Be the first to rate

 

Would you recommend CNB Mortgage Loan to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

Other Home Loans