window

Mortgage Lending

Product Information

 

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. This loan type 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 who require a small down payment and higher debt to income qualifications. This loan features the ability to finance your closing costs into the loan.

 

Non-Conforming (Jumbo) Mortgage Loans

This mortgage is designed for those borrowers needing to borrower more than $417,000. 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.

 

Affordable Housing/Low Income Program Mortgage Loans

ServisFirst Bank works hard to ensure all borrowers receive the opportunity of homeownership. We have many programs for low- or moderate-income borrowers. Most loans offer little down payment and flexible credit requirements.

The Consumer Finance Protection Bureau requires the following two booklets be provided to any consumers making mortgage application.

Settlement Cost Booklet

ARM Booklet