We are so grateful to have earned the trust and confidence of our customers and referral partners and are honored to again be named “Lender of the Year” by Atlanta Agent Magazine. The relationships that we build and support in the real estate community are the cornerstone of our success. We strive to provide consistent, professional and stellar service to our referral partners.
Kim Nelson, Chief Executive Officer of BankSouth Mortgage observes, “We work every single day to apply our core values, Be Ready, Be Responsive and Be Respectful to every interaction we have.”
BankSouth Mortgage looks forward to offering unparalleled service to our treasured referral partners and looks forward to meeting more during 2019.
BankSouth Mortgage is pleased to announce that D.C. Aiken has recently joined BankSouth Mortgage as Vice President, Producing Production Manager.
D.C. Aiken, a 44-year resident of the Metro Atlanta Area, graduated from the College of William and Mary with a BA in Economics. With more than 30 years of experience in the mortgage business, he has a solid understanding of the local real estate market and knows how to find the best mortgage financing solution to fit your specific needs.
“D.C.’s commitment to quality and superior customer service has been widely known throughout the Atlanta area for decades” says Kim Nelson, Chief Executive Officer, BankSouth Mortgage. “We are delighted that he is joining our team and look forward to seeing him continue to set the standard for mortgage origination in our industry”.
D.C. has earned a position of high esteem for his outstanding sales performance. He has been the recipient of the Mortgage Bankers Association of Georgia’s Diamond and Platinum Awards and named in the Nation’s Top 50 Mortgage Originators by Mortgage Originator magazine. Having personally closed more than $1 billion in loan transactions for customers throughout the southeastern United States, his knowledge and expertise makes the mortgage process smooth and hassle-free.
DC is active in his community, former Vice Mayor for the City of Alpharetta, and is Director of Baseball for Holy Innocents’ High School.
BankSouth Mortgage Brings Down Payment Protection to the Georgia Market
New Home Mortgage Program Provides Greater Security to Georgia Homebuyers if They Have to Sell at a Loss, Empowering Them to Buy With Confidence
ATLANTA, October 4, 2017 – BankSouth Mortgage today introduced BankSouth Mortgage +Plus, an innovative product that gives Georgia homebuyers greater control by protecting their down payment against potential future drops in market prices. Included as a feature of BankSouth Mortgage +Plus loans, +Plus SM down payment protection enables homebuyers to buy with confidence knowing that they can recover up to their full original down payment should they need to sell their home in a down market.
With BankSouth Mortgage +Plus, if the local real estate market is down when the homeowner needs to sell their home, within 2-7 years, they will still be reimbursed by ValueInsured up to the full amount of their down payment if all program requirements are met.
“We’re always looking for ways to better meet our customers’ needs and enable them to buy homes in ways that are most rewarding to them,” said Kim Nelson, CEO of BankSouth Mortgage. “With BankSouth Mortgage +Plus, we’re able to provide our customers more security and flexibility when buying their dream home.”
“As a leading lender in the Georgia market, we’re excited to have BankSouth Mortgage join our ...
By now you have likely heard of the reported Equifax breach. BankSouth is committed to doing everything we can to help our customers address concerns. While there are still many questions, you as a consumer do have options to help protect your identity. Below are available resources to help you protect yourself against possible identity fraud. As always, please contact us if you have any questions.
- You can visit the Equifax website to determine if you’ve potentially been impacted and sign up for the free credit monitoring services being offered: www.equifaxsecurity2017.com.
- Check identity protection resources and checklists that are available from the Federal Trade Commission ID Theft website: www.identitytheft.gov/info-Lost-or-Stolen
With Hurricane Irma on its way, we want to remind everyone of the potential impact that storms like this can have on the mortgage process. BankSouth Mortgage is doing everything we can to make sure our loans close on time, but we cannot predict factors that may extend the loan process due to the storm. If you or one of your clients have an upcoming closing, please read the following carefully, and contact your Mortgage Banker for more information.
FEMA declared disaster areas (and surrounding areas) require an additional appraisal inspection to check to see if the home and its value are still intact. This will add an additional fee of $125, paid by the borrower, and can delay the process further. In addition, if there is significant damage in the area, it may take more time for appraisers to access certain areas and their services may be in higher demand due to this additional requirement. Your loan officer will communicate if this requirement applies to you or your client.
With the threat of potential damage to homes, many insurance providers will cease providing insurance binders until after the storm. Loans cannot close without the insurance binder, so we are dependent on the insurance companies to remove the hold. If you or your customer has not finalized their insurance yet, but is still able to do so, we recommend they consider binding that policy if they ...