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FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Putnam County Bank

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.

⭐⭐Ask about our BLUE-N-GOLD Bundle Banking ⭐⭐

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

Headshot of Danny Morris
DANNY MORRIS
Mortgage/Retail Loan Officer | Construction Loan Specialist
dmorris@pcbwv.bank

PCB Loan Center
(304) 562-1295

NMLS# 595556
Headshot of Devyn Smith
DEVYN SMITH
Mortgage/Retail Loan Officer
dsmith@pcbwv.bank

PCB Loan Center
(304) 562-1277

NMLS# 1629512
Headshot of Margie White
MARGIE WHITE
Mortgage/Retail Loan Officer
mwhite@pcbwv.bank

PCB Milton Branch
(304) 743-1066

NMLS# 1768614
Headshot of Katie Allen
KATIE ALLEN
Assistant VP | Mortgage/Retail Loan Officer
kallen@pcbwv.bank

PCB Loan Center
(304) 562-1291

NMLS# 1182867