Mortgage


Commercial Bank Makes It Easier To Buy A New Home


Buying a new home should be a pleasant experience. We'd like to help make it that way by taking the worry out of applying for a mortgage. Whether this is a new home or a previously owned home; we have a mortgage loan to fit your needs. From purchase loans, to construction loans, to home equity lines of credit, we can match one of our loan programs to your circumstances.

Contact one of our experienced Commercial Bank Loan Officers at your closest branch for a quick, easy pre-approval of your loan. 

With fast approvals, friendly loan officers, and a wide variety of products, Commercial Bank is the logical choice for all of your mortgage loan needs.

Select A Mortgage Loan To Fit Your Financial Situation.


Before you apply for pre-approval for your mortgage loan, you'll need to decide which type of loan may be right for you.

Products & Services
Loans Available for -

  • Purchase
  • Primary Residence
  • Refinance
  • Vacation Homes
  • Investment Property
Property Types -

  • Single - Family Residence
  • 2-4 Unit Residential
  • Panned Unit Development (PUD)
  • Condominiums (Condo)
  • Manufactured Housing

Purchase Loans

Purchasing a home can be an exciting yet stressful experience for a family. And yet, with the help of our experienced staff, you can know what options are available to you, which will help you make a wiser decision.

The loan officers at Commercial Bank are dedicated to meeting the needs of their customers. They will be glad to help you with an application and the pre-approval process. They can figure payments and closing costs for you, and can help you determine how much you can qualify for on your new home.

If you are in the market for a new home, let Commercial Bank help you with the mortgage financing.

Construction Loans

There are numerous and complicated decisions to make when building a new home. The professionals at Commercial Bank can take care of all your construction loan needs, leaving one less thing for you to have to worry about. We work with most builders and building material companies to insure that you enjoy easy and uncomplicated transactions.

Home Equity Line of Credit

For most of us, our home is our most valuable personal asset. Why not unlock the equity you have in your home to take care of those other needs you may have: consolidate high interest loans, home improvement, vacation, a new car, college tuition, or even a second honeymoon.

Ask one of our loan professionals how you can take advantage of the equity in your home. They will gladly answer all of your questions and provide you information on how a home equity loan can benefit you.

Refinance Loans

Are you stuck with a high interest rate and paying back hundreds or thousands of extra dollars in interest? Let our mortgage professionals show you how you can enjoy lower interest rates and lower payments which will SAVE YOU MONEY! In just a few short minutes we can evaluate your situation and let you know whether a refinance on your mortgage makes sense or not.

Home Improvement

Whether you considering adding a pool or just remodeling your kitchen, one of the many home loans offered by Commercial Bank could be just right for you. The quick and easy approval process can take place in just a few short minutes. Call one of our branches and speak with a loan professional to see how we can help you with your new project.

Conventional Loans

Have a fixed rate and monthly payment for the entire life of the loan. It's easy to budget for this type of loan because your payment will always be the same. The rate on a conventional mortgage loan is generally higher than an adjustable rate mortgage.

Adjustable Rate Loans - usually start with lower rates than conventional loans. We'll let you know how much the rate can be adjusted over the life of the loan, so you'll know from the beginning the absolute maximum amount you would ever have to pay. If you will be moving in a few years, or if you think interest rates will be going down, you'll want to consider an adjustable rate since monthly payments may be lower.

Conventional
  • Fixed Rate Mortgage
  • Balloon Mortgage
For more specific questions regarding rates and types of mortgage loans, please contact us at (423) 869-5151.

Adjustable Rate Mortgage
  • Adjustable Rate
Information Needed at Application
  • Most recent Paystubs for 30 days
  • Last two (2) years W-2 or 1099 forms
  • Most recent consecutive two (2) months Bank Statements
  • Copy of Purchase Contract on Home (if refinancing, copy of Deed with Legal Description)