Self-employed woman reviewing bills and bank statements at home with laptop and calculator while preparing for a mortgage application

How to Get Mortgage-Ready When You’re Self-Employed

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Many self-employed borrowers assume they can’t qualify for a mortgage without W-2s, but that’s…

Mortgage Recast: A Smart Way to Lower Your Payment After You Sell

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Picture this: your agent wants your current house spotless and staged so you can snag a top-dollar…

First-Time Buyers Surge in 2025: What 58% Means for Gen Z, Millennials, and the Market

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The Next Generation of Homebuyers Is Here—and They’re Making a Statement First-time homebuyers…

Tips for Securing the Best Mortgage Rates

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Securing the best mortgage rate can significantly impact your home-buying journey, potentially…

Gen Z and Millennials Making Waves in the Housing Market

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Dreaming of owning a home? At BankSouth Mortgage, we believe in your vision. Despite market…

Navigating New Construction: Insights & Opportunities in Today’s Market

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Are you considering building your dream home? Navigating the new construction landscape can…

Unlocking Affordable Homeownership with Lender-Paid Buydowns

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For those looking to buy a home, understanding the various mortgage options can feel overwhelming,…

Discover Your Home’s Value: The Power of Cash-Out Refinancing

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If you're a homeowner, you're most likely sitting on some serious cash with the equity in your…

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

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When you're applying for a loan, understanding the various costs involved is crucial. One of…

Understanding FHA Loans: Your Key to Affordable Homeownership

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If you're in the market for a home, you may have come across FHA loans as an option for financing.…
Buying-Down-Rates-Blog

“Paying Points” to Buy Down Interest Rates

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In this interest rate climate, it’s nice to have options for reducing what may otherwise…
The Best Money Saving Tips

The Best Money Saving Tips to Help Grow Your Savings

Saving money can seem like a daunting task, especially if you’re living paycheck to paycheck.…

The Basics of Selling Your Home

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Like buying a new home, selling your home can be an emotional and complex process. You can…
Increasing-Your-Home's-Value

Increasing Your Home’s Value

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For many of us, our home is our largest asset. Maintaining and improving your home can increase…

How to Find Your New Home

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There are two main ways to search for your new home.  First, you can calculate how much you…

Know Your Mortgage Loan Options

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Major types of mortgage loans include: Fixed-rate loans. Because they offer a monthly…

Understand the Variety of Mortgage Lenders & Brokers

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There are hundreds of mortgage lenders on the Web that will prequalify and pre-approve you…

Avoiding & Reporting Scams

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Protect your finances and personal information by staying alert against fraud How to avoid…

First Come, First Served: An Additional $7.2 Million of Loan Assistance Funding is Available

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Updated on 5/17/2023 Apply for up to $15,000 of Homeownership Set-Aside funds to help purchase…
What is a 2-1 Buydown

What is a 2-1 Buydown?

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Reduce mortgage payments for the first two years of the loan with a 2-1 buydown from BankSouth…
Application Checklist

Application Checklist

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The following is a list of the documents that will be requested at the beginning of the loan…
Things-You-Should-Know

10 Things You Should Know

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1. Length of Process The length of the process varies for each borrower, depending upon your…
Borrower-Tips-and-Advice

Borrower Tips and Advice

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During the processing of your loan, there are certain things to keep in mind that may affect…
Fixed-vs.-Adjustable

Fixed-Rate vs. Adjustable-Rate

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What is an ARM, and does it matter? When it is time to get a mortgage, it’s important to…
Mortgage Credit Score

Mortgage Credit Score

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Credit scores are used to determine the risk in lending money to a borrower. In other words,…
Unpacking-the-Mortgage-Process--Home-Inspections,-Appraisals,-&-Closing

Unpacking the Mortgage Process: Home Inspections, Appraisals, & Closing

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Home inspections, appraisals, and closings, oh my! Aspects of the homebuying process can seem…
Fighting-Inflation,-Rate-Impact

Fighting Inflation, Rate Impact

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Looking to purchase or refinance a home? It may pay to act before rates rise further! Here’s…
What Can Cause Inflation?

What Can Cause Inflation?

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CAUSE: More money floating around the economy EFFECT: Rising prices on goods and services…
Aerial-Row-of-Houses

Assessed Value Vs. Appraised Value Vs. Market Value: What’s the Difference?

If you’re in the market to purchase a home, you’ve probably seen an assessed value, appraised…

Steps You Can Take to Reduce Telemarketing Calls

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Across the mortgage industry, customers are complaining about receiving unsolicited mortgage…
the-cost-of-waiting-to-buy-a-house

The Cost of Waiting to Buy a Home

Waiting to Buy Can Decrease Your Purchase Power In this uncertain real estate market, many…
home-buying-mistakes-to-avoid

Home Buying Mistakes to Avoid

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If you’re thinking about buying a new home soon, you’ve taken the first step to homeownership!…
Forbearance--Separate-Facts-from-Fiction

COVID Forbearance: Separating Fact from Fiction

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What You Need to Know FACTS As part of the CARES Act, the federal government states that…
What is Homestead Exemption?

What is Homestead Exemption?

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How to Lower Property Taxes with Homestead Exemption If you have recently closed on a home…
Tips-for-Quick-and-Easy-Home-Improvements

Tips for Quick and Easy Home Improvements

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We have all seen the home improvement TV shows where the bathroom or kitchen gets an easy update…
Mortgage-Refinancing-Checklist-Your-Ultimate-Resource

Mortgage Refinancing Checklist: Your Ultimate Resource

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Sometimes you need something when you don’t, and other times you think you don’t need something…
Why You Should Consider Refinancing Your Mortgage

Why You Should Consider Refinancing Your Mortgage

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Get a Lower Rate, Take Cash Out of Equity, or Get Rid of PMI When you refinance a loan, you…
Secrets-to-Budgeting-for-Your-First-or-Next-Home-Purchase

Secrets to Budgeting for Your First or Next Home Purchase

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Gain a better plan rather than living paycheck-to-paycheck with your next mortgage Homeownership…
5-VA-Loan-Questions-Answered

5 VA Loan Questions Answered

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November is National Military Family month, and it also includes Veterans Day on Friday, November…
How Buying a Home in Winter Can Save You Money

How Buying a Home in Winter Can Save You Money

Waiting to buy a home until spring or summer seems like the obvious choice for most families.…
Thinking about buying a home

Thinking about buying a home in the new year?

If buying a home is on your list of New Year’s resolutions, now is the perfect time to start…