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Security Federal Savings bank can handle all of your home
mortgage needs, whether purchasing your first home, investment
property, second home or refinancing your current mortgage. |
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Purchasing a Home |
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Want to find a mortgage that is right for you and your family?
One that fits the way you live? Call our Mortgage Lending
Department at (931) 473-4483 and we will be happy to help you
every step of the way, from initial application to closing the
mortgage. |
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Security Federal Savings Bank we offer several loan options: |
- Conventional
loans – This type financing features long term mortgages with
a fixed rate.
- Federal
Housing Administration (FHA) – This loan offers the benefit of
a low down payment.
- Veterans
Administration (VA) – VA loans make financing
available to borrowers with at least six months active duty
and fixed rate financing on long term mortgages.
- Rural Economic
and Community Development (RECD) – These loans offer the possibility of including closing
costs in the loan, if the property appraises for more than the
sales price.
- Tennessee
Housing Development Agency (THDA) – This loan is for
first-time home buyers or buyers who have not owned a home
within the past three years and offers a lower fixed
interest rate on long term mortgages.
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Refinance |
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Security Federal Savings Bank can help with your refinance
needs, whether for a lower rate, shorter term, or cash back for
debt consolidation or home improvements. Call one of our
friendly loan officers to find our more about the refinance
options or to find out if it could save you money. |
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"How much will my monthly mortgage payment
be?" |
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figure your monthly mortgage payments, simply enter the amount
of the loan, the interest rate and the term into the calculator
below and click on the Calculate button for the totals*. |
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* The
monthly payment calculated above does not include some items,
like taxes and insurance,
which is normally estimated at 15% of the monthly mortgage payment. |
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| Let
us help make your dreams of home ownership come true. Contact
our Mortgage Department or go by one of Security Federal Savings
Banks offices today. |
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Equal Housing
Lender |
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