Pendleton Community Bank
Mortgage
Find a Mortgage That Feels Like Home.
Mortgage solutions in West Virginia and Virginia
PCB offers a range of mortgage programs designed to align with your financial goals and housing aspirations, whether you are buying, refinancing, constructing a new home, or accessing your home equity for financial flexibility.
We are more than just a financial institution providing you with a loan or a checking product, we are your bank for generations. It's Who We Are - a family of bankers dedicated to making sure your family has everything they need to succeed.
Get in Touch With Us
Our Loan Officers can answer all of your questions and walk you through your options.
Dedicated mortgage knowledge and resources
Empower yourself with the knowledge to make informed mortgage decisions.
FAQs
What factors affect my mortgage rate?
Credit history, home price and loan amount, down payment, loan term, loan program
How does my credit affect my interest rate?
Lenders use your credit history to predict how reliable you’ll be in paying your loan. Late payments, judgements, and collections all make you a higher risk borrower.
What costs are included in “closing cost”?
- Underwriting, processing, and origination fees-charge associated with evaluating, verifying and processing the loan
- Appraisal-the professional estimate of the home’s value
- Credit report-the charge for pulling your credit report
- Flood certification-to show if your home is in a flood zone or not
- Attorney fees-fees charged by an attorney or title agent to do a title search and deed prep
- Recording Fees-government fees for entering new property records
- Homeowners insurance-the homeowners policy you take out on your home.
- Property taxes
Do you have an NMLS number?
Yes! NMLS #403498
How long does it take to buy a house?
30-45 days depending on loan program
Is there a difference between an appraisal and an inspection?
- An appraisal is done to formulate an opinion of the property’s value
- A home inspection is to show the buyers what kind of condition the home is in.
What is private mortgage insurance?
If your down payment is less than 20% you will need to have private mortgage insurance. PMI protects the mortgage lender in the event you default on the loan. PMI automatically comes off when your principal is 78%.
What is an escrow?
Escrow is calculated into your monthly payment. This amount is your property taxes and homeowners insurance. Each month a little is collected and put into an “escrow” account. Then when your insurance and taxes are due, the mortgage company pays those for you on your behalf.
Additional services for a complete banking experience.
Explore more ways PCB can enhance your financial well-being beyond mortgages.
- Checking Services: From high yield checking to money market savings, we've got you covered.
- Personal Loans: Extra expenses come up now and again. Personal loans can help bridge the gap.
