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.

Purchasing a Home

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.

At 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.

USDA Rural Development Guaranteed Loan – The USDA Loan is geared toward the Low to Moderate income borrowers.  It is excellent for first time home buyers, with 100% financing, with a low fixed rate.  Income limits do apply and the term is for 30 years.

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.


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.

Let us help make your dreams of home ownership come true.  Contact our Mortgage Department 931.473.4483 today.