You probably have thought about it for quite some time. Remodeling your kitchen with stainless steel appliances and granite counter tops. Finishing out your garage to add a bedroom and create a media room. Maybe you'd like to knock down some walls and open up the floor plan. How about that pool your kids have been asking for? Or wouldn't it be smart to make your home more "green" and energy efficient?

It's a good thing to have options!

Whatever your ideas for improving your home, Community National Bank & Trust will help you reach your goals. You may wish to request a home improvement loan. Or perhaps you're in a good position to refinance your home to lower your monthly payments and free up some money for remodeling. Or together we could consider the possibility of a home equity loan so you can access the resources you've accumulated while you paid down the principal on your original mortgage. Your CNB&T mortgage lender will be happy to explore all the options for financing with you in person or by phone, or you can begin by completing an online loan application.

Just as you thought...

A home improvement loan does just what you think it will – provides you with funds to make improvements to your home. Feel free to set an appointment with one of Community National's mortgage bankers to discuss the qualification parameters. They will consult the same reports and histories as for any other mortgage loan approval. Rates and terms on home improvement loans vary so it’s best to talk over your plans with an experienced mortgage officer for the most advantageous options.

You can bank on your investment

Should you decide to sell your home in the future, market trends and interest rates will affect what you can expect the selling price to be. But one thing is predictable: choosing to remodel and/or improve your home is likely to increase its appraised value and appeal.

Some good things to know about home improvement loans:


  • Sometimes these loans are a second lien.
  • You may not act as your own project manager or "general contractor."
  • You will have to provide cost estimates to the bank before loan approval.
  • Depending on the size of the project, there may be inspections for work completion before funds are disbursed.
  • Home Improvement loans work similar to Interim Construction loans.