At Security Bank we understand the importance of owning your own home. Whether you are buying, refinancing, or applying for a construction loan, our mortgage loan representatives will provide you with all you need to know about buying a home.
Educated decisions for finding your next home
How much can you afford?
Finding out how much of a home you can afford is one of the first steps in the process of purchasing a home. Our quick approach pre-qualification program tells you how much you can afford to spend on a new home before you start shopping.
Contact one of Security Bank’s experienced mortgage loan officers for details, or check out our online home loan application.
If you decide to proceed with your application after receipt of your early disclosures, the following items will be necessary for continued processing:
- Your most recent 30-day consecutive pay stubs.
- Your most recent two years of W-2's.
- Your most recent two years of tax returns.
- Your most recent two months consecutive bank statements (accounts not held at Security Bank).
- Your most recent retirement account statement.
Mortgage Loan Programs
Designed to help...
The most common type of home loan, sometimes referred to as a secondary market loan.
USDA Rural Development Loans
Qualify for as little as 0% down with approved credit (subject to income limits).
Adjustable rate financing available for the loan that doesn’t quite fit the secondary market.
Build the home of your dreams with credit for the construction phase of your new home.
Making your first step a little easier...
We specialize in working with programs specifically designed for first-time homebuyers.
NIFA First Time Homebuyer Programs
Below market interest rates.
NEHI Down payment assistance
Up to 20% down payment assistance.
FHLB Homeownership set-aside funds
Up to $7,500 per household for closing costs, down payment assistance or rehab work.
Home Equity Loans
Use the equity you have built up in your home to finance a new car, home improvements, take the vacation of a lifetime, or other major purchases. The interest rates on these loans are low and the interest may be tax-deductible. (See your tax advisor.)
Home Equity Line of Credit
For the ultimate in convenience and flexibility, set a up a 5-year line of credit, using the equity in your home as collateral. You can access your credit line quickly and conveniently by writing a check on a special designated account or with secure access to Internet Banking.
Borrow against your credit line whenever, wherever and for whatever reason you want...as many times as you want. As you repay any amount, it's immediately available for you to use again. Choose between fixed or variable options. Rates and terms may vary and are determined by the amount borrowed on the home in relation to its value.
Watch a short video about a Home Equity Line of Credit:
Ready to speak with an experienced and qualified lender?
Want to get the process started?