Home Loans

Our home loan options will help you make the right move

There are all kinds of homes and all kinds of home buyers, so it only makes sense that Grand Bank offers a variety of home loan options.

If you have questions about an existing or future home loan, please contact one of our home loan professionals below.
Whether you’re buying locally or anywhere across the 50 states, our home lenders will help you make the right move.

Contact Your Home Lender

Sean Little

Vice President - Mortgage Operations
NMLS #793146

Michael Slay

Loan Originator
NMLS #1834001

Fernando Garcia

Loan Originator NMLS #1874655

Shakita Lofton

Loan Originator
NMLS #1294824

Akwete Muhammad

Community Development Officer NMLS #2634732

Call (800) 300-1467 for more details.

Your dream home in Forrest or Lamar County, MS is now within reach! Welcome to your Dream Easy Home Loan with 100% financing! Say NO to down payments, NO private mortgage insurance (PMI), and NO to loan income limits! Wave goodbye to extra expenses and say “YES” to homeownership! (Subject to restrictions and guidelines.) Find Out More!

Grand Bank has a variety of in-house loan products that are perfectly designed to fit a large spectrum of customer needs. Flexible down payment options are available.

• Asset Based Mortgage Program
Qualify with your assets, not income, plus tax returns are not required. You are able to keep your assets where they are appreciating.

• Bridge Loan Mortgage Program
Utilizing the equity in your current home, you’re able to buy a new home without having to wait to sell your current home. Your new home and current home loans are combined into one loan, which could save you hundreds of dollars every month.

• Lot loans in subdivisions with a recorded plat map.
• Acreage loans
• Light Commercial: Purchase or refinance of real estate for business purposes.*
• Light Commercial: Multiple single-family investment properties on one loan.*

*Considered on a case-by-case bases. Completed personal financial statement required.

This fixed-rate loan is the most common type of mortgage loan. Neither the interest rate nor the mortgage payment amount changes during the life of the loan.

A low, minimal, down payment is required, but multiple down payment options are available. Conventional loans are ideal for your primary residence, secondary home, or single-family investment property purchases.

FHA loans allow you to purchase a home with a low down payment. This program is ideal for first-time home buyers, because qualifying can be more flexible when compared to other loan programs. Gift funds are allowed.

This is a fixed-rate loan designed for qualified military veterans to buy a home with no down payment.

Saving for a down payment can be one of the biggest obstacles to making your dream of home ownership come true. Discover options available that could provide assistance with your down payment and closing costs, allowing you to maximize the potential of your savings. Visit: Down Payment Help – Grand Bank

In order to build a home, two loans are necessary. First, you need a temporary construction loan that will hold funds in a “loan in process” account and disburse accordingly as the home is completed.

Second, you need permanent financing through Fannie Mae, Grand Bank in-house programs, or other permanent loan program. Construction loans are closed locally and expeditiously and no interest is charged until funds are drawn.

USDA Guaranteed Rural Housing loans require no down payment. It has a fixed interest rate, and usually allows home buyers to purchase a home at lower rates and under more favorable terms.

Grand Bank is committed to helping people achieve the dream of homeownership. This is why we offer ITIN loan programs, which are great solutions for people with Individual Tax Identification Numbers (ITIN) who are looking to buy a new home. These loans do not require a social security number, just your ITIN Card (Individual Tax Identification Number). These loans offer flexible down payment options.

We work with home buyers in all 50 states, so contact us today to see how we can make homeownership possible for you!

¿Hablas Español? Puedo ayudarte. Contact Fernando Garcia (601) 705-2381.

Purchase a new home without waiting to sell your current home. Consolidate both loans into a single Bridge loan with interest-only payments. This could bring significant savings!

In most cases, no down payment required as the equity in current home may serve as a down payment.

Get the extra cash you need in as little as 14 days, by utilizing the equity in your home. No down payment required because these loans serve as 2nd liens. Learn more!

In addition to providing home loans for new home buyers, Grand Bank also purchases owner-financed real estate secured notes from individuals and brokers in all 50 states.

Owner-financed notes (sometimes referred to as seller carryback or seller-financed) is a loan provided by the seller of a property to the purchaser. The seller may then choose to sell the mortgage directly to us and receive cash immediately.

Grand Bank’s management team is a pioneer in the owner-financed note industry. We were one of the first nationwide buyers of real estate secured notes and have been a major buyer in the industry ever since.

For more details, contact us at (800) 300-1467 or visit our website: sellmynotedirect.com.

Financial Guidance

Have questions? Learn the basics about buying a home.

Understand the Home Buying Process

How Much Home Can I Afford? Home Affordability Calculator

Be Prepared! Home Loan Application Checklist

*For your protection, do not email personal information such as social security or account numbers. By providing your email you consent to receive business communications regarding your inquiry from Grand.bank.

See separate disclosures for each loan listed in this brochure for more details. Loans may require escrow of taxes, insurance, and other assessments. All loans are subject to credit approval. Subject to additional terms and conditions. Rates & underwriting guidelines are subject to change without notice. Income and location restrictions may apply to some loan programs. Contact a Grand.bank home lender for current details.

Grand Bank does not charge a fee for our Mobile Banking App or Online Banking, however, third-party fees for internet, messaging, or data plans may apply. Contact your wireless service or internet provider for more details. Additional terms and conditions may apply.

Important Information About Procedures for Opening a New Account or Establishing a New Customer Relationship:
The USA PATRIOT Act is a federal law that helps the government fight the funding of terrorism and money laundering activities. Federal law requires all U.S. financial institutions to obtain, verify and record information that identifies each person who opens an account or establishes a customer relationship with Grand Bank for Savings, FSB. What this means for you: When you open a bank account, we will ask you for your name, address, date of birth, and other information that will allow us to reasonably identify you. We may also ask to see your driver’s license or other identifying documents at any time.