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

Avoiding & Reporting Scams
Security, TipsProtect your finances and personal information by staying alert against fraud
How to avoid scams
Recognizing common signs of scams can help you avoid being the next victim of financial fraud. Here are some things to remember about scams and…

The Truth About Mortgages
Market News, RatesWe’ve been hearing from clients who are concerned about mortgage interest rates. We’d like to offer some reassurance from the front lines. After all, we’re still helping homeowners and homebuyers every day.
While interest rates have…

First Come, First Served: An Additional $7.2 Million of Loan Assistance Funding is Available
Homeowner Benefits, Market News, TipsUpdated on 5/17/2023
Apply for up to $15,000 of Homeownership Set-Aside funds to help purchase a home.
The recent announcement of an additional $7.2 Million of Homeownership Set-aside funds offered by the FHLB Atlanta will allow more individuals…

What is a 2-1 Buydown?
Mortgage Types, TipsReduce mortgage payments for the first two years of the loan with a 2-1 buydown from BankSouth Mortgage!
Buying a home is an exciting milestone but can come with additional startup costs. Between things like new furniture, fresh paint, and…

Why is the Fed hiking rates, and does it affect mortgage rates?
Market News, RatesThe U.S. Federal Reserve has hiked rates a few times this year. You may be wondering, why is the Fed hiking rates, and does it affect mortgage rates?
Most likely, we have all recently said or heard, “Can you believe the price of gas and…

Application Checklist
General, Mortgage Process, TipsThe 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…

10 Things You Should Know
Credit, General, Mortgage Process, Mortgage Programs, Tips1. Length of Process
The length of the process varies for each borrower, depending upon your circumstances. Constant communication with your mortgage banker will help keep you informed of anything that may delay the processing of your application.
2.…

Borrower Tips and Advice
Credit, General, Mortgage Process, TipsDuring the processing of your loan, there are certain things to keep in mind that may affect the outcome of your loan request. Credit, income, and assets are re-verified after you have signed your initial loan application documents, and it is…

Understanding Credit
CreditNo one can predict the future. Credit scores are the universally accepted way to best determine how someone will handle their financial commitments. Your personal credit score is a major component in the loan approval process but can sometimes…

BankSouth Mortgage’s Kim Nelson Named as one of HousingWire Magazine’s 2022 Women of Influence
Company NewsATLANTA, GA – BankSouth Mortgage, which operates 13 offices across the Southeast, announces their CEO Kim Nelson has been named one of HousingWire Magazine’s 2022 Women of Influence.
The Women of Influence list recognizes trailblazing…

Fixed-Rate vs. Adjustable-Rate
General, Rates, TipsWhat is an ARM, and does it matter?
When it is time to get a mortgage, it’s important to compare your options. There are two different types of mortgages, a fixed-rate mortgage and an adjustable-rate mortgage (ARM). A fixed-rate mortgage…