Ready to buy? We're here to help.

We're mission driven, not commission driven. 

No two paths to homeownership are the same. CNE will customize your homebuying experience to fit your unique needs and offer the best options available for you and your family.

By financing your home through CNE, your money goes directly back into your community. Your purchase opens the door for homeownership counseling and financial literacy for another family.

CNE provides first mortgages, down payment assistance and home improvement loans. CNE offers competitive rates on FHA, VA, USDA and conventional mortgage products. We will empower you with tools, knowledge and options to make confident homebuying decisions. 

We provide:

Home Purchase Lending

CNE offers competitive rates on mortgage products. We help you understand the difference in each product so you fall in love with your loan before your home.


Types of Loans

Federal Housing Administration (FHA)

- Low Down Payment
- Low credit score accepted
- Gift funds allowed
- Down Payment Assistance Programs honored
- Seller’s contributions up to 6% of sales price


- Up to 97% loan-to-value
- Low down payment
- Flexible sources of funds
- Affordable & cancellable monthly mortgage insurance (MI) option

Rural Housing (USDA)

- Up to 100% loan-to-value
- Low-to-moderate income families
- Gift funds permitted
- Third party contribution up to 6%

Veteran’s Affairs (VA)

- Up to 100% financing
- Low credit scores accepted
- No income limits

Conventional Loans

- Up to 20% down
- Cancellable private mortgage insurance (PMI)

Down Payment & Closing Cost Assistance

CNE connects you with programs that provide funds for the down payment and closing cost on your home. 


CNE offers refinancing options, which could include reducing your interest rate and term or providing cash for home improvements or debt consolidation.

Do the math

Do you think you pay too much for rent? Do the math below to see if owning might be better for you and your family.


Home Value: $
Loan amount: $
Interest rate: %
Loan term: years
Start date:
Property tax: %
PMI: %
Output parameters »

Free Mortgage Calculators

Ready to get started?


City of Chattanooga
Department of Economic and Community Development
Andy Berke, Mayor