Exchange OnLine: First Time Login
Exchange OnLine and the NEBAT mobile app received a major upgrade! Use your existing username and password to login. Then, follow the prompts to access your online banking account and set up a new password.
For links directly to the app stores, FAQs and support contact information, please visit our Online Banking Upgrade news blog.
Holiday Closing - Juneteenth
Our offices will be closed on Thursday, June 19, for Juneteenth.
Let the knowledgeable, friendly lenders at National Exchange Bank & Trust help make building your dream home a real possibility.
We offer locally serviced loan partnering with local title companies for inspections and draw requests.
Make Your Dream a Reality. Ready to begin? Contact your local lender for your individualized promotional rate!
National Exchange Bank & Trust offers local service, friendly experienced lenders and easy payment options to purchase the address of your dream home. For current rates, contact us.
Our Peace of Mind construction program offers convenient rate and term options that allow us to satisfy your individual needs. For current rates, contact us.
Use our Loan Payment Calculator and Home Affordability Calculator to help determine what works best for your situation. For current rates, call or contact us today.
A standard 20% of the value of the project is preferred to be injected into the transaction.
The details of your transaction will determine how the bank receives your down payment funds. If cash from you at closing is required, those funds will be expected at closing and will be put into an escrow account. All borrower contributed funds in the escrow account will be exhausted before draws on a loan take place to fund the the construction project.
The cost of the project and the appraised value are taken into consideration, and the higher of the two is used to calculate down payment.
In addition to the standard income, asset and liability information collected on a loan application, you will also need to provide the plans and specs for the build along with a cost breakdown for the project.
Yes. The value of owned land, minus any liens against the land, can be used as equity in the project.
NEBAT maintains an extensive list of certified contractors who are approved for new home constructions projects with NEBAT. Please talk with your lender to see if your preferred builder is on our list.
Several factors are taken into consideration when deciding if a borrower can be their own general contractor on a project. A conversation with your lender will determine eligibility.
The title company involved in the transaction is the preferred agent to handle the construction draws and monitor the progress of the build.
To help the government fight the funding of terrorism and money-laundering activities, federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. What does this mean for you? When you open your account, we may ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask for your driver’s license information or other identifying documents.
Loading
