Offering a low, interest-only introductory rate on a home loan to help you rebuild.
That’s why we have created a special home loan program to help alleviate the financial burden many are facing in the months ahead. If your home sustained damage from the recent hurricane, you may benefit from this renovation program specifically designed to meet your needs. We are here to help make the process from application to closing simple.
*Loans are subject to credit approval. APR means Annual Percentage Rate. Introductory 1.99% for the first 12 months with interest only payments due monthly. The loan then converts to a 30 year 5/1 Adjustable Rate Mortgage with a fixed 5 year period, principal and interest payments. Example: Based on a loan of $250,000, the initial interest-only payment for 12 months would be $216.95, the payment would then change to $1,214.93 for 5 years. The maximum payment over the remaining life of the loan would not exceed $1,892.56. APR is subject to change and is accurate as of 09-18-2018. Maximum loan amount of $1,000,000. Residents of the following counties in North Carolina (Beaufort, Bladen, Brunswick, Cabarrus, Chatham, Columbus, Davidson, Durham, Forsyth, Franklin, Granville, Harnett, Johnston, Lee, Mecklenburg, Nash, New Hanover, Onslow, Pender, Richmond, Rowan, Sampson, Stanly, Union, Wake) and South Carolina (Chesterfield, Darlington, Dillon, Florence, Georgetown, Horry, Marion, Marlboro, Williamsburg) are eligible for this loan product. This offer expires 12-31-2018.