Home Loan Options

Overview
Compare

To find the right loan, consider which of these statements best describes what you are looking for:

FIXED RATE loan

I want a predictable monthly mortgage payment that will not change.

Adjustable Rate loan

I am comfortable with my interest rate changing over time if I have a lower rate in the early years of the loan.

NO DOWN PAYMENT MORTGAGE

I am buying a home for $350,000 or less and would like to finance the full purchase price.

JUMBO loan

My loan amount will be more than $647,200 and my down payment will be at least 10% of the purchase price.

100% PHYSICIAN FINANCING

I am a physician interested in up to 100% financing for my home purchase.

USDA loan

My new home will be in a rural area.

FHA loan

I am looking for flexible credit requirements with a low-down payment.

VA loan

I am serving in the United States Armed Forces or am a veteran, reservist or member of the National Guard.

NC Home Advantage loan

I am purchasing a home in the state of North Carolina and my annual income is $99,000 or less.

Lock and Shop

Enjoy peace of mind while you look for a home with a 90-Day Lock & Shop interest rate guarantee.

How it works:

Lock-in today’s low interest rates for 90 days.
Shop for your new home.
Finance your new home with the locked-in interest rate as long as you close within the 90-day lock period. If interest rates are lower than the locked rate at the time of the contract execution, a rate improvement may be available.

Lock & Shop is available for home purchases only; for one- to four-unit properties. Excludes manufactured homes. Available for purchases of primary, secondary and investment properties with Conventional, VA, FHA or USDA loans. Available for a limited time only.

Resources

Mortgage Translations

Access a collection of commonly used mortgage documents translated into other languages. The collection includes resources such as a mortgage application, borrower education materials, a glossary of mortgage terms and more.

Mortgage Translations

Mortgage loans are subject to credit approval. Product information is subject to change without notice.

Common features of our most popular mortgage loans include:

	down payment of at least 5%	Special qualifiers
Fixed Rate
Adjustable Rate
No Down Payment Mortgage^1,2		Maximum loan amount $350,000^1,2
Jumbo	Requires 10% minimum down payment
FHA
100% Physician Financing¹		Maximum loan amount is $647,200
VA		Current military member or veteran
USDA		Residence must be a rural area
NC Home Advantage		Annual income of $99,000 or less

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¹Based on the lesser of the sale price or appraised value. Interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for federal income tax purposes. Consumers should consult their tax advisors for further information regarding the deductibility of interest and charges.

²No Down Payment Mortgage Special qualifiers: Maximum loan amount is $350,000. Closing costs cannot be financed. Borrower income must be 80% or less of the Area Median Income (AMI). The residence must be located in Wake, New Hanover or Johnston county. Completion of a homebuyer education course is required.

Mortgage loans are subject to credit approval. Product information is subject to change without notice.