Personal Mortgages
Buying a home is one of the largest purchases you’ll ever make. At Fidelity Bank, our mortgage lenders engage in a pre-purchase consultation where we spend time with you to explore your current financial condition, needs and desires, long- and short-term financial goals, target monthly payment, and home equity objectives. After the consultation, we then develop a home loan program with the most favorable combination of term, rate, fees and initial investment that fits both your present situation and your future plans. We offer an extensive array of first mortgage loans to buyers wanting to purchase a new or existing home, as well as homeowners wishing to refinance their current mortgage. As you begin the process of looking for a home please refer to our Home Buyer’s Guide and feel free to contact us at 404-639-6555 or email us at mortgage@lionbank.com.
"Over the past several years we have come to deeply respect your integrity and business efficency. As professionals in our own fields, we value these professional qualities.
You do not hesitate to provide us with realistic feedback even while you make significant efforts to provide us with the most advantageous options. We know that when you tell us something, we can count on it."
Hajro and Beth ReneSatisfied Fidelity Bank Mortgage Customers
Fidelity Bank offers a variety of home mortgages1 to fit your individual needs:
- Fixed Rate Mortgage
The interest rate on these loans is fixed for the entire term of the loan. - Adjustable Rate Mortgage (ARM)
Simple interest adjustable rate terms. These may be ideal if you anticipate moving in the near future. - FHA Loans
Allows qualified buyers to purchase a home with a lower down payment. - VA Loans
Available to veterans who served on active duty in the U.S. armed forces.
Fixed Rate Mortgage
Fixed rate mortgage interest rates stay the same for as long as you hold your mortgage, no matter how interest rates change in the financial market. With this type of mortgage, you know exactly how much you will pay in principal and interest on your home each month. Taxes and insurance on your home may change from year to year.
Additional restrictions may apply. Contact a Fidelity Bank Mortgage Banker. Click here to find one today.
Adjustable Rate Mortgage (ARM)
An ARM loan generally begins with an interest rate that is lower than a comparable fixed rate mortgage. Interest rate caps can protect you and help keep your interest rate and payments within your reach. However, this rate could go up after a certain time.
Additional restrictions may apply. Contact a Fidelity Bank Mortgage Banker.
Click here to find one today.
FHA Loans
FHA Loans, which are backed by the Federal Housing Administration, allow qualified buyers to purchase a home with a lower down payment than most conventional type mortgages. Loan amounts and appraisal restrictions may vary.
Other benefits of an FHA Loan include:
- Minimum down payment requirements. Your down payment can be as low as 3.5% of the purchase price.
- Most of the closing costs and fees can be included in the loan.
- Streamlined documentation may be used.
- Gifts from family members to cover down payments and closing costs are allowed.
- Sellers may contribute up to 6% of the buyer’s closing costs and prepaids.
Additional restrictions may apply. Contact a Fidelity Bank Mortgage Banker. Click here to find one today.
VA Loans
VA Loans are available to U.S. armed forces personnel who served on active duty and were discharged under conditions other than dishonorable during WWII and later. Eligible applicants must provide a VA Form 26-1880 (Certificate of Eligibility)
With a VA loan from Fidelity Bank you get:
- Little money down. There is usually no down payment required on a VA home loan, so you can secure financing with a minimum amount of money.
- Gifts from family members are ok. With a VA loan, funds for closing costs can be made up entirely of gifts from immediate family members.
- Issues with credit. You might still qualify for a VA home loan if you have little or no credit, or less-than-perfect credit.
Additional restrictions may apply. Contact a Fidelity Bank Mortgage Banker. Click here to find one today.
To find out more about any of our home mortgage options listed above please speak with one of our experienced mortgage bankers today. They are ready to help you with a loan that is tailored just for you. To get started, contact us at 404-639-6555 or toll free at 888.248.LION (5466) or via email at mortgage@lionbank.com.
- Loans are subject to credit and underwriting approval.