Champlain National Bank : Personal Banking : Borrowing

	CNB Home PERSONAL BANKING Checking Accounts Savings Accounts Borrowing Home Equity Mortgages Installment Loans Accessory Services

Mortgages

Fixed Rate Mortgage
If you plan on keeping your home for a long time, or don’t think your income will change much, then a fixed rate mortgage is the choice for you. With this mortgage, the interest rate is always the same so you always know exactly how much you need to pay each month. We can even set up an escrow account to pay your property taxes and insurance. This is a great way to keep your financial planning and budgeting simple.

RATES > APPLY >

Adjustable Rate Mortgage
If you don’t think you’ll keep your mortgage very long, or you expect your income to increase over time, then this may be what you’re looking for. With an adjustable rate mortgage, your initial rate is lower than a fixed rate mortgage. This increases your price range and gives you more choices. Your interest rate adjusts at predetermined intervals so it can increase or decrease depending on the current rate.

APPLY >

Construction Loan
If you prefer to build a new home, we offer fixed rate construction loans to help you get your dream off the ground. These short-term loans allow you to use the money as you need it, and when your home is completed it automatically switches over to long term financing.

APPLY >

Compare Rates >

Apply for Loan >

Equal Housing Lender. Member FDIC. Privacy Policy. Security Statement.