ServisFirst Bank is a preferred mortgage lender of Beach Homes Realty.
In addition to a long list of loan types, ServisFirst also can serve less traditional borrowers, such as business owners, self-employed borrowers, and developers.
In addition, lake home borrowers looking for “Jumbo” loans (more than $802,650) have options too!
Bank Portfolio Mortgages
Bank Portfolio Mortgages from ServisFirst Bank are uniquely suited to beach home buyers and builders!
- Better Able to Qualify Business Owners and Self-Employed Borrowers
- Can Often Qualify Borrowers Who May NOT Qualify for Saleable Fannie/Freddie or FHA/VA Mortgages
- Principal Pay Downs
- Options for Annual Loan “Recasting”
- All Loan Decisions Made Locally & Loans Stay in the ServisFirst Bank Portfolio
- Ability to do Primary, 2nd Homes, and Construction-to-Perm Mortgages
These loans are currently available for borrowers in:
- Alabama
- Georgia
- Florida
- North Carolina
- South Carolina
- Tennessee
- Virginia
 | To learn more or get started, contact Kary Keasler (NMLS460990) at (205) 453-6170 or use the easy online prequalification tool! |
Traditional Mortgages
Of course, conventional fixed rate and adjustable rate loans, VA, FHA, and conventional Fannie/Freddie loans are available to customers in all fifty states!
Conventional Fixed Rate Mortgages
This is a loan that features a fixed rate for the life of the loan. These loans are available with a variety of terms, available in Conforming and Non-Conforming loan amounts.
Adjustable Rate Mortgage Loans (ARMs)
This mortgage features simple interest with an adjustable rate term. It includes a fixed rate for a period of time before commencing the adjustment phase and is typically helpful for those borrowers who anticipate only being in a home for a short period of time.
Federal Housing Administration Mortgage Loans (FHA)
This mortgage is federally insured by The Department of Housing and Urban Development. It is designed for first time homebuyers, or those who require a small down payment, lower credit scores, and higher debt to income qualifications. This loan features the ability to finance a portion of the closing costs into the loan.
Non-Conforming (Jumbo) Mortgage Loans
This mortgage is designed for those borrowers needing to borrow more than $802,650. These loans are available in Fixed Rate, Interest Only and ARM terms.
Veterans Administration Mortgage Loans (VA)
This loan program is available from the Department of Veteran Affairs. It is designed to serve the needs of Veterans and allows 100% financing if needed. This borrower must have a valid Certificate of Eligibility to obtain a VA mortgage.
| To learn more or get started, contact Kary Keasler (NMLS460990) at (205) 453-6170 or use the easy online prequalification tool! |
This information is for general informational and educational purposes only and does not constitute investment, legal or tax advice. All information is provided in good faith; however, no representation or warranty is made of any kind, expressed or implied, regarding the accuracy and validity of any information. The information contained herein represents the views and opinions of the author and does not necessarily represent the views and opinions of ServisFirst Bank, and ServisFirst Bank does not make any representations or warranties with respect to its accuracy or reliability.