Mortgage Services

Get Pre-qualified

Security Federal Savings bank can handle all of your home mortgage needs, whether purchasing your first home, investment property, second home or refinancing your current mortgage.
Purchasing a Home
Want to find a mortgage that is right for you and your family? One that fits the way you live? Call our Mortgage Lending Department at (931) 473-4483 and we will be happy to help you every step of the way, from initial application to closing the mortgage.
At Security Federal Savings Bank we offer several loan options:
  • Conventional loans This type financing features long term mortgages with a fixed rate.
  • Federal Housing Administration (FHA) This loan offers the benefit of a low down payment.
  • Veterans Administration (VA) VA loans make financing available to borrowers with at least six months active duty and fixed rate financing on long term mortgages.
  • USDA Rural Development Guaranteed Loan - The USDA loan is geared toward the Low to Moderate income borrowers. It is excellent for first time home buyers, with 100% Financing, with a low fixed rate. Income limits do apply and the term is for 30 years.
  • Tennessee Housing Development Agency (THDA) This loan is for first-time home buyers or buyers who have not owned a home within the past three years and offers a lower fixed interest rate on long term mortgages.
Security Federal Savings Bank can help with your refinance needs, whether for a lower rate, shorter term, or cash back for debt consolidation or home improvements. Call one of our friendly loan officers to find our more about the refinance options or to find out if it could save you money.
"How much will my monthly mortgage payment be?"
To figure your monthly mortgage payments, simply enter the amount of the loan, the interest rate and the term into the calculator below and click on the Calculate button for the totals*.
Repayment Mortgage Calculator
Enter Your Details & Click the Calculate Button
Loan Amount $
Annual Interest Rate %
Term of Loan Years
Number of Payments
*Monthly Payment $
* The monthly payment calculated above does not include some items, like taxes and insurance, which is normally estimated at 15% of the monthly mortgage payment.
Let us help make your dreams of home ownership come true. Contact our Mortgage Department or go by one of Security Federal Savings Banks offices today.

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Equal Housing Lender


Equal Housing Lender


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