Home Loans - Really? No Closing Costs?*

We are committed to helping you find the home mortgage that makes the most sense to you. We offer you the flexibility to choose from an expanded line of home loans to suit your individual home mortgage needs. Select a home mortgage program that meets your home financing need and positively impacts your financial plan.

No Closing Costs*

Under our "No Closing Costs" loan program there will be no charge for the following customary closing costs for a mortgage loan.

Appraisal, Credit Report, Reconveyance Tracking, Title Insurance, Courier Expense, Wire Fee**, Points, Tax Service, Loan Origination, Loan Documentation, Escrow, Notary, Recording**, Flood Certification & Monitoring.

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Fixed Rate Mortgage

This loan option may be attractive if you are concerned about rising interest rates or uncomfortable with fluctuation principal and interest payments.

The interest rate and term are set and won't change throughout the life of the loan. Monthly principal and interest payments are also constant throughout the term of the loan.

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Adjustable Rate Mortgage (ARM)

The average family moves every six years. If you plan to live in your home less than 10 years, you may consider an Adjustable Rate Mortgage.

This is a 30-year adjustable-rate mortgage with the first adjustment at one, three, five, or seven years, and typically offers a starting rate lower than a traditional 30-year fixed-rate mortgage.

You can customize your rate and payment by selecting the first adjustment period that matches the length of time you plan to live in your home.

*Only those cost listed above will be paid by CBLX. If your application is for a loan to purchase a home, all other customary costs associated with the purchase transaction (including title company document preparation fees) will be paid by you. Loans with lower nominal rates may be available for borrowers willing to pay points and/or closing costs. Please see a copy of the CBLX Mortgage Application Booklet for a complete list of all cost included and not included in the "No Closing Costs" option. **CBLX Documents only.

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Contact Us Today!

Marci Ryther

Phone: (530) 894-4927

Email: mryther@goldenvalleybank.com


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