Mortgages

Loan Products

Cumberland Federal Bank is committed to helping you find the right home mortgage loan product for your needs. You’ll receive competitive rates and benefits, along with a deeper level of service and community caring that only a small bank can provide.

We understand that every borrower is different and we offer a variety of products to meet your individual requirements, whether you are purchasing a home or refinancing. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools that enable you to make sound financial choices.

As a full-service bank, we offer a multitude of mortgage options that generally are not available with other types of lenders. In addition to a full and diverse mortgage product line, we are able to offer lot purchase and new home construction financing, along with other mortgage products available:

• Affordable Home Loans
• Refinancing
• Lot & Construction
• Vacation Properties
• Recreational Land Loans
• Application available here
• Pre-purchase Approvals Available.

Construction Loans

At Cumberland Federal Bank, we are proud to say that we are leading the way in construction loans by providing our clients with flexible options. We want our clients to worry as little as possible about the financing aspects of their home as it is being built.

Building From the Ground Up?

Congratulations on the decision to design and build the perfect custom home for your needs and lifestyle! At Cumberland Federal Bank, we always recommend getting credit pre-qualified first. The pre-qualification process is simple yet it will give you a compass to work with. It allows you to know how much of a loan you qualify for based on your credit, collateral, and capacity. Your pre-approval will give you a good idea of what your budget will look like and lay the foundation for all your next steps.

Are You Building Your Own Home or Making Home Improvements?

Building a custom home or making home renovations is an exciting but sometimes challenging experience. However, with some patience, understanding, and a lot of organization, it can be a worthwhile undertaking that provides you the unique features of a home you desire.

At Cumberland Federal Bank we have decades of experience walking clients through the financial aspects of home construction and remodeling. By working with your General Contractor, Title company, and the local municipality, we play a key role in seeing your project through to completion. This gives you the opportunity to focus on other aspects of building your dream home or completing your renovation project.

Lot & Land Loans

Secure the Perfect Spot for Your Dream Home

Found the perfect land to build your dream home? Whether you plan to build your home right away or a few years from now, Cumberland Federal Bank is here to help you get started. Our Land Lot Loan is a loan that can be used to finance the purchase of land or a lot property for your new home.