Rehabilitation (Rehab) Loan
Transform Your Home with PCB's Flexible Rehab Loan
Renovate, rehabilitate, or modernize your new or current home with PCB’s Rehab Loan. We offer competitive rates and a 6-month rehab phase with various terms to meet your needs. PCB’s rehab loan gives you the ability to create the perfect home you have been envisioning.
key features
New and Existing Homes
See a new home that has potential? No problem! You can purchase your new home and renovate it all in one transaction.
Down Payment
If purchasing, we offer a low down payment. If refinancing, you can use the equity in your home.
Various Rates and Terms
The option of fixed or variable rates and terms to best suit your needs.
No PMI
No Private Mortgage Insurance (PMI) required.
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GET STARTED TODAY!
Term | Interest Rate | APR |
---|---|---|
5/30 | 5.5% | 5.623% |
10/30 | 5.625% | 5.749% |
15/30 | 6.% | 6.127% |
The chart above is based on a origination fee of 0.5% with a loan amount of $250,000.00, at least a 15% down payment, $250 construction fee, and common fees associated with loan closing. Interest rates and fees are subject to change without notice. We offer various loan options; depending on which product you apply for, your APR may vary.
*Additional fees/Conditions may apply.
*All loans are subject to credit approval.
*All rates & terms are subject to change without notice.
Documents Required:
- Current W-2
- Last two years of tax returns
- Four most current pay stubs
- Copy of driver’s license
- Purchase agreement
- Deed
- List/cost of renovations
CONTACT US
DANNY MORRIS
Mortgage/Retail Loan Officer | Construction Loan Specialist
dmorris@pcbwv.bank
PCB Loan Center
(304) 562-1295
NMLS# 595556
DEVYN SMITH
Mortgage/Retail Loan Officer
dsmith@pcbwv.bank
PCB Loan Center
(304) 562-1277
NMLS# 1629512
MARGIE WHITE
Mortgage/Retail Loan Officer
mwhite@pcbwv.bank
PCB Milton Branch
(304) 743-1066
NMLS# 1768614
KATIE ALLEN
Assistant VP | Mortgage/Retail Loan Officer
kallen@pcbwv.bank
PCB Loan Center
(304) 562-1291
NMLS# 1182867