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Important Disclosure Regarding the New FDIC Insurance Rules 
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Home Loans - Home Loans Available through City Bank & Trust Co.
Overview | Financing Your New Home | Types of Home Loans | Home Loan Pre-Qualification Application
Conventional
Loans
FHA Loans
VA Loans
NIFA Loans
Several types of conventional home loans are available through City Bank & Trust Co. including:
- Fixed-rate loans
- Adjustable rate loans
- Combination (hybrid loans)
- Balloon mortgages
- How much will my payments be?
- Buying your first home? FHA loans may allow you to purchase a home with less than a 3% down payment
- Refinance your existing mortgage up to 97% of the value of your home
- Various loans available to fit your individual needs
- Administered by the Federal Housing Administration (U.S. Department of Housing and Urban Development)
- How much will my payments be?
- Guaranteed loans for eligible veterans, active duty personnel, and surviving un-remarried spouses
- Sponsored by the U.S. Department of Veteran Affairs
- Competitive rates, low or no down payments
- Minimum income requirements
- No mortgage insurance premiums
- VA mortgages are assumable
- No penalty for early pre-payment
- How much will my payments be?
Home loans for first-time homebuyers (or non-first-time homebuyer in select NIFA target areas)
- Below-market interest rates
- No penalty for early pre-payment
- Income limits based on family size
- Restrictions on maximum purchase price
- Popular NIFA loans include:
- Single Family regular mortgage loan
- Home Buyer’s Assistance (HBA) mortgage loan
Provides up to 4.25%
for down payment and closing costs
Requires buyer minimum contribution of $500
- How much will my payments be?
