Home Purchase Mortgages
Buy your home with a lender who knows the work.
Choose the mortgage that fits your situation.
We offer fixed-rate and adjustable mortgages built for different timelines and financial goals. Each product is straightforward—no hidden terms, no surprises when you close. Pick the loan structure that works for your down payment, income, and timeline.
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30-Year Fixed Rate Mortgage
Lock in your rate for the full loan term. Predictable monthly payments mean you know exactly what you owe every month for thirty years. This is the standard choice for stability and long-term planning.
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15-Year Fixed Rate Mortgage
Pay down your home faster with a shorter term. Your monthly payment is higher, but you build equity quicker and pay less interest overall. Ideal if you have solid income and want to own your home sooner.
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Adjustable Rate Mortgage
Start with a lower initial rate, then adjust periodically after the fixed period ends. This works if you plan to sell or refinance before rates move, or if you expect your income to rise.
Four steps from application to keys in hand.
The mortgage process is straightforward once you know what to expect. We walk you through each stage so you're never wondering what happens next.
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Apply
Submit your basic information online or in person. We review your finances, employment, and assets. This takes hours, not days. You'll get a clear picture of what you can borrow.
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Get Approved
We order a property appraisal and verify your income and credit. Our underwriting team checks every detail. Once everything clears, we issue a formal commitment letter showing your terms.
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Finalize Details
Choose your insurance, schedule your title search, and lock in your closing date. We handle coordination with the seller's side. You review all final numbers before closing day.
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Close
Sign documents, transfer funds, and receive your keys. The whole meeting takes a few hours. We'll be there to answer questions about anything you're signing.
See what your monthly payment could be.
Enter the home price, down payment, and loan term to get an estimate of your monthly principal and interest. This is a starting point—your actual payment will include taxes, insurance, and possibly mortgage insurance depending on your down payment and loan type.
Calculator results are estimates provided for illustrative purposes only and may not reflect actual loan terms. This is not a commitment to lend, a preapproval, or an offer of credit. Actual rates, payments, and costs depend on credit approval, satisfactory appraisal, and underwriting guidelines. Consult a licensed loan officer for details.
What you need to know before you apply.
These are the real requirements and facts that shape your mortgage.
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Down Payment
We work with down payments as low as three percent. Larger down payments reduce your monthly payment and may eliminate mortgage insurance. Bring what you have saved and we'll structure the loan accordingly.
Explore purchase loans -
Credit and Income
We review your credit report and verify your employment and income. This isn't about perfection—it's about understanding your financial stability. Have your last two years of tax returns and recent pay stubs ready.
See refinance options -
Property and Title
The home must be in livable condition and the title must be clear. We order an appraisal to confirm the home's value and a title search to ensure no liens or claims exist against it.
Start your application
Get in touch with Cumberland Mortgage Works.
Call, visit, or apply online. We're here to answer your questions and move your mortgage forward.
Get in touch
- Phone (615) 555-0164
- Fax (423) 555-0147
- Email wizard-v3-msop3lo8@example.test
Hours
- Monday – Friday 8:00 AM – 5:00 PM
- Saturday 9:00 AM – 1:00 PM
- Sunday Closed