Mortgage Loans

All loans and lines of credit are subject to credit and property review and approval. Loans must be secured by a first lien on a 1-4 family residential dwelling. Additional terms and conditions apply. Not all applicants will qualify. All stated rates, terms and discounts are subject to change without notice.

¹ Mortgage insurance is required for loans with less than 20% down payment. Down payment requirements: For conforming-balance loans, a minimum 3% down payment applies only if the property has 1 unit and all borrowers live in the property. A minimum 5% down payment is required if the loan has a borrower who does not live in the property or for 2- to 4-unit properties. For high-balance loans, the minimums are a 5% down payment for 1-unit properties, 15% down payment for 2-unit properties, and 25% down payment for 3- or 4-unit properties. As of July 3, 2026, a loan with a 3% down payment, $400,000 loan amount, and an APR of 6.67% will have a monthly principal and interest payment of $2,561 for 360 months. This monthly payment does not include homeowner’s insurance, mortgage insurance or property taxes. Actual payment obligations will be greater.

² With an interest-only mortgage payment, you will not pay down the principal balance during the interest-only period. Once the interest-only period ends, your payments will increase to pay back the loan's principal with interest. For all ARMs, your interest rates may change after the initial fixed-rate period. Any adjustment may significantly impact your monthly payment.

³ Additional fees may apply.

⁴ Relationship discounts available on jumbo mortgages only. To receive a relationship discount, qualifying assets must be in an eligible City National account before the Closing Disclosure is issued. Not all assets will qualify. For adjustable-rate loans, the relationship discount applies only during the initial fixed-rate period.