This page uses JavaScript. Your browser either does not support JavaScript or you have it turned off. To see this page properly please use a JavaScript enabled browser.
First South Financial Go to main content Search
facebookTwitterLinkedIn
Home

ONLINE BANKING

Mobile Banking Login
Home > Loans & Credit Cards > Loans and Credit Cards > First Mortgages > First South Financial Short Term Fixed Mortgage

Fixed-Rate Short Term Mortgage Loans

First South Financial is a full service mortgage lender that offers several types of mortgage loans to meet your lending needs.

Visit our latest specials page to see our great mortgage promotions!

Our short-term fixed rate mortgage loans are a great option for:

  • Home owners who paid at least 10 years on their current mortgage and want to refinance
  • Home owners who need a short term option for a purchase
  • Home owners who own their current home and want to use the equity in their home for major purchases or home improvement projects

The table below illustrates the loans we offer and their features:

 
Term Length 10 years (120 months) 15 years (180 months)
Maximum LTV* 95% 80%
Maximum Loan Amount $500,000 $500,000
Points? No No
Origination fees? Yes* Yes*
LTV to avoid PMI 80% 80%
Sold to another lender No No

Mortgage Rates
Effective Date: Friday, September 21st, 2018
RateAnnual Percentage RatePoints
10 Year Fixed Rate
This loan is amortized for a period up to 10 years. The maximum LTV is 95%.
Term: 10 years Maximum Amount: $500,000
3.900%** 3.900%** 0.00%
15 Year Fixed Rate
This loan is amortized for a period up to 15 years. The maximum LTV is 95%.
Term: 15 years Maximum Amount: $500,000
4.250%** 4.250%** 0.00%
5/1 ARM
This loan has a fixed rate for the first 5 years and can be amortized for up to 30 years.
Term: 30 years Maximum Amount: $500,000
5.100%** 5.100% 0.00%
7/1 ARM
This loan has a fixed rate for the first 7 years and can be amortized for up to 30 years.
Term: 30 years Maximum Amount: $500,000
5.200%** 5.200%** 0.00%
10/1 ARM
This loan has a fixed rate for the first 10 years and can be amortized for up to 30 years.
Term: 30 years Maximum Amount: $500,000
5.400%** 5.400%** 0.00%
10/15 ARM
This loan has fixed rate for the first 10 years and can be amortized for up to 15 years.
Term: 15 years Maximum Amount $500,000
5.400%** 5.400%** 0.00%
Physicians 10/1 ARM
This loan has a fixed rate for the first 10 years and can be amortized for up to 30 years.
Term: 30 years Maximum Amount: $500,000
5.900%** 5.900** 0.00%

 

  Apply for a First South Financial short term fixed rate mortgage loan

Questions?

Call First South Financial  Email First South Financial

We also offer many ways to make your mortgage loan payments. Learn more about our loan payment options.

*LTV – Loan to Value. No points, fees or closing costs offer does not apply to existing First South Financial Loans. Other rates and terms are available.  Loans are subject to approval criteria, not all applicants will qualify. Offers are subject to change or withdrawal without notice. Please see us for complete details. Equal Housing Lender. NMLS# 410640

Car & Home Insurance.  Get a quote.

Go to main navigation