Security Federal Savings Bank

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. Refinance 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*.