iBuyers: Turning Dream Home Purchases into Reality with Speed and Simplicity

In the dynamic realm of real estate, a game-changing trend has emerged, offering prospective homebuyers a direct route to their dream homes. iBuyers, innovative companies revolutionizing the home-selling process, provide a unique opportunity…

Interest Rates vs. Homeownership: The Resilience of Real Estate

For many prospective homebuyers, the allure of historically low interest rates, particularly the coveted 3% mark, is a dream that seems to have slipped through their fingers as we transition out of the pandemic era. These rates were indeed remarkable,…

The New Expectations for Mortgage Excellence: A Personal Connection with an Expert in a Digital World of Convenience

In the constantly evolving landscape of the mortgage industry, many have been swayed by the lure of online lenders with centralized call centers. Yet, as recent industry developments have shown, the wisdom of the traditional approach of having…

National Financial Awareness Day: Building Financial Security Through Homeownership

,
Happy National Financial Awareness Day! Today, we celebrate the importance of financial literacy and awareness, empowering individuals to make informed decisions about their money and investments. At BankSouth Mortgage, we believe that understanding…

Understanding How Lenders Estimate Property Taxes: What You Need to Know

,
When you're applying for a loan, understanding the various costs involved is crucial. One of the significant components of homeownership is property taxes, which can have a significant impact on your monthly payments. However, it's essential…

What is an Escrow Payment?

When buying a home, navigating the complex world of real estate transactions can be overwhelming. One term that often arises in the process is "escrow." But what exactly is escrow, what is it used for, and how does it work in a mortgage transaction? Escrow…

April is National Fair Housing Month

National Fair Housing month is a time to reflect on the importance of fair housing and fair lending practices in the real estate and mortgage industries. Fair lending laws exist to ensure that all borrowers, regardless of their race, ethnicity,…

Benefits of Partnering with BankSouth Mortgage, a Bank-Backed Lender

Purchasing a home is a complex and often stressful process for a buyer. As a real estate agent, making the process as smooth and stress-free as possible for your clients is of utmost importance. Working with excellent partners is one way to…

How Co-Signing Can Help You Become a Homeowner

, ,
We’ve all heard of the term co-signer, but what does it mean, and how can it serve you in purchasing a home? For the right situation, a co-signer can aid in securing a home loan for a purchaser so that he/she can move forward from renting…

The Basics of Selling Your Home

, , ,
Like buying a new home, selling your home can be an emotional and complex process. You can use a real estate agent to help or you can try to sell it yourself which is called an FSBO -- For Sale By Owner -- transaction. An FSBO transaction…

How to Find Your New Home

, , , ,
There are two main ways to search for your new home.  First, you can calculate how much you can afford, then shop for homes in that price range. Your income, size of down payment, and any equity you have in your current home are the major…

Understand the Variety of Mortgage Lenders & Brokers

, ,
There are hundreds of mortgage lenders on the Web that will prequalify and pre-approve you for a mortgage loan. Major categories of mortgage lenders include: Savings & loans. Also called thrift institutions, savings and loan associations…
A Digital Mortgage Done Right

A Digital Mortgage Done Right: Balancing Fast, Easy and Smart

,
The best mortgage experience features equal amounts of digital convenience and personal service that ultimately put you – the homebuyer – at the center of everything. There are many trade-offs to make when buying a home. Settling for…
Application Checklist

Application Checklist

, ,
The following is a list of the documents that will be requested at the beginning of the loan process. Please be aware that additional documentation may be required dependent on your unique circumstances. For Credit Approval: Most recent…