Southern First’s mission is to impact lives in the communities we serve, and one of the most impactful and wealth-building events in a person’s life is becoming a homeowner. However, many buyers encounter obstacles such as a lack of funds for a down payment, lack of access to credit, or lack of information about the homebuying process necessary to begin the path to homeownership. With this in mind, Southern First created a mortgage product that makes it easier for everyone in the communities we serve to achieve their homeownership goals.
The Dream Mortgage* is serviced by Southern First and offers up to 100% financing up to $550,000 with competitive rates, no down payment, and no mortgage insurance required.
Homes in Low to Moderate Income Tracts or Majority Minority Census Tracts are eligible for the Southern First Dream Mortgage. Properties located outside of eligible census tracts within the Southern First market area may also qualify if the borrower(s) who reside in Cobb County earn less than $88,479 or if the borrower(s) who reside in Dekalb or Fulton County earn less than $80,959.**
Many people think they don’t have what is needed to purchase a home, but what you think you need and what you actually need may be very different. It’s never too early to reach out to a lender to understand your options. You may be able to buy sooner than you think, or if you need time to prepare, an experienced lender can provide strategies to help you plan for a future purchase.
At Southern First, our team is passionate about helping people achieve their dreams of homeownership. Our mortgage experts are committed to building long-term relationships and providing you with access to information and loan programs to fit your needs.
If you have any questions about the Dream Mortgage or other mortgage loans, please don’t hesitate to reach out to our team of experts at 877-679-9646 or southernfirst.com/mortgage. We would be honored to help you get into your next home.
Member FDIC and Equal Housing Lender. // *Loan originations are subject to underwriting and credit approval. Other terms, conditions, and certain fees may apply. The Dream Mortgage Program is a Special Purpose Credit Program designed to expand access to credit for underserved borrowers (low to moderate income and minorities) or locations, which are subject to change without notification. Applications are subject to underwriting and credit approval; additional terms and conditions may apply. Not all applicants will qualify. ** Sources: 2020 Census Data with 2020 ACS-5 Updates and Interim 2024 FFIEC Updates.