TRADITIONAL LINES OF CREDIT

Looking for some immediate cash flexibility to meet the needs of your business? CNB’s answer is a Traditional Line of Credit.

FEATURES

 

Competitive Rates

 

Amount Financed: Up to 80% of the Less of Construction Contract or Appraised Value of Improvements

 

Terms: 6 Months to 1 Year

 

NetTeller Online Banking Services

 

24-Hour Telephone Banking

 

24-Hour Bank Information Helpline

 

Draw Note as Needed

REQUIREMENTS & FEES

 

Secured by Property

 

Residential Application

 

1% Origination Fee

 

Periodic Inspections by CNB Loan Officer

 

Builders risk insurance is provided by thebuilder or borrowing customer listing CNB as loss payee

 

To learn more, to open a CNB Straight Line of Credit Loan, or to get pre-approved,

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