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. Historically, an FHA loan, or Federal Housing Administration loan has been a popular choice for many first-time homebuyers and those with lower…
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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…
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BankSouth Mortgage Launches Agent App to Empower Home Search

BankSouth Mortgage has partnered with MobilityRE to offer a new tool that allows their real estate partners to provide a custom, co-branded home search app to their clients. The customized agent apps include the real estate agent’s logo and…
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Understanding Loan-Level Price Adjustments (LLPA): A Simple Guide

When navigating the mortgage process, you might come across a term called Loan-Level Price Adjustment, or LLPA. While it may sound complex, it's essential to understand this concept to make the most informed decisions about your mortgage. In…
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BankSouth Mortgage’s Fowler Team Awarded 2022 Affiliate of the Year

BankSouth Mortgage proudly announces that The Fowler Team, comprised of Kelli (Sr. Loan Officer) and Jerry Fowler (VP, Producing Production Manager), has been honored with the Affiliate of the Year award by the Lake County Board of Realtors…
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Tax Deductions for Homeowners: Mortgage Interest, Property Taxes, and Closing Costs

If you own a home, you may be eligible for certain tax deductions that can help lower the taxes you owe on your federal income tax return. You may be able to deduct the interest you pay on your mortgage loan and any property taxes you pay on…
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BankSouth Mortgage Strategically Grows Brand

BankSouth Mortgage announced it has made strategic hires to grow its team across Georgia. In Q4 of 2022, BankSouth Mortgage welcomed quality leadership and lenders to its team. BankSouth Mortgage’s CEO, Kim Nelson, stated, "Being a good employer…
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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,…
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Revamp Your Home with Renovation Loans: A Head-to-Head Comparison of HomeStyle® vs CHOICERenovation®

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Fannie Mae HomeStyle® and Freddie Mac CHOICERenovation® are two popular renovation loan programs offered by BankSouth Mortgage. There are similarities and differences between the two programs that borrowers should know before choosing which…
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Interest Rates: How Are They Determined?

Did you know that mortgage interest rates vary from person to person? Interest rates are based on specific criteria, which can vary between financial institutions. Lenders use several factors to determine the interest rate for each borrower.…
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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…
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Improving Curb Appeal: What to Look For and Ways to Finance It

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Spring is right around the corner, and with it comes warmer temperatures and the anticipation of sprucing up your curb appeal. It’s a time to paint, play in the dirt, or bring out the power washer to clean things up. Whether you plan on…
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