One of the best community banks in the nation | City National Bank

Our Mortgage Products

At City National, we simplify the process of getting a home mortgage or mortgage refinance. We take the hassle and stress out of getting financing for your home, plus we offer competitive interest rates.

Contact one of our Mortgage Originators to learn more about our home mortgage and mortgage refinance options.

Champion Mortgage

With a Champion Mortgage, you'll have no down payment, no private mortgage insurance, low closing costs and low interest rates. This means you can purchase a $100,000 home for $426 a month.* If you're thinking of buying a home, now is the time. Call City today.

Adjustable Rate Mortgage Loans

The interest rate and closing costs are generally lower for a home loan, and the interest rate can be fixed for up to five years. The Portfolio ARM products are a viable alternative to the traditional fixed-rate loans for borrowers who have limited cash for down payments, or for those who prefer a lower monthly payment.

Traditional Fixed-Rate Loans

These loans are available for people who desire the stability of a fixed-rate monthly payment for the entire term of their loan. Fixed-rate loans generally have a higher interest rate and a higher monthly payment than Portfolio ARM loans and are available for up to 30 years.

Construction/Perm Loan

This loan allows a person to pay interest-only on the loan during the construction phase, then converts to a permanent loan upon completion of the home. The interest rate remains the same throughout the entire loan and closing costs are paid only once.

Portfolio Land Loans

This loan program allows you to buy a building lot or unimproved acreage now, then finance your construction later when you are ready to build.

Investment Property Loans

This program is designed to allow you to buy residential property for the purpose of rental income.

Mortgage Rehab Loan

This program is designed to allow you to buy a home or refinance your current one and make capital improvements at the same time, all in the same loan. You no longer have to get one loan to buy a home and then another to upgrade it. Consolidate both into one Mortgage Rehab loan and have one low payment.

Mortgage Disclosures: Not available for fixed rate or construction mortgage loans. Closing costs include expenses for appraisal, title search, credit report, flood determination and settlement agent fees. Closing costs do not include expenses for prepaid interest, hazard or flood insurance, owners’ title policy, real estate taxes, recording fees or transfer taxes. For example, based on a $100,000 loan amount at an interest rate of 3.09% (3.7310% APR) for a 3/3 Adjustable Rate Loan for 30 years, the monthly principal and interest payment will be $426.47 for the first 36 months with a corresponding simple interest rate of 3.09%, the next 323 months the payment will be $532.22 with a corresponding simple interest rate of 5.09%, and the remaining 1 month payment will be $639.4ha8 with a corresponding simple interest rate of 7.0900%. The payments do not include taxes and insurance premiums and the actual payment obligation will be greater. The interest rate is variable and may increase or decrease at the end of the 3-year fixed rate period. Your interest rate may be adjusted every three years thereafter and will be based on an index plus a margin. The index is the three-year weekly Treasury Constant Maturity. At the end of three years the rate will change based on the index, which currently is .98% plus the margin of 2.875%. Interest rate is accurate as of 09/01/2015. Limited time offer.

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