bank and mortgage
When you combine the loan options offered by BNA Bank and BNA Mortgage, we have more home financing options than any other. Guaranteed!

 

apply now

 

BNA Bank is certified by the U.S. Treasury as a Community Development Financial Institution. As a certified CDFI, we have more flexibility, variety, and attractive terms than non-certified banks on traditional and non-traditional home loans for many customers.

Types of Home Loans from BNA Bank

 BNA Mortgage offers a variety of mortgage loan programs. Each loan has unique advantages depending on the financial needs of the customer.

Types of Home Loans from BNA Mortgage


MEET OUR MORTGAGE TEAM

Let's talk home loans!

If you're not sure about the type of home loan you need, we would be happy to talk and help determine which loan might be the best fit for you.

 
Ellen StatenEllen Staten, Vice President
NMLS# 1043878
111 North Camp Avenue
New Albany, MS 38652
Office: 662-534-8171 ext 141
For your protection and to prevent fraud, BNA Bank advises against sending sensitive or personally identifiable information via e-mail or any other electronic communications. Do not send your social security number, account number or any other personal information.
 
 
TINA ORMANTina Orman, Assistant Vice President
NMLS#402464
111 North Camp Avenue
New Albany, MS 38652
Office: 662-534-8171 ext 183
Contact Me
For your protection and to prevent fraud, BNA Bank advises against sending sensitive or personally identifiable information via e-mail or any other electronic communications. Do not send your social security number, account number or any other personal information.
Apply Now
 
WITT SPENCERWitt Spencer, Assistant Vice President
NMLS #1635542
111 North Camp Avenue
New Albany, MS 38652
Office: 662-534-8171 ext 103
Contact Me
For your protection and to prevent fraud, BNA Bank advises against sending sensitive or personally identifiable information via e-mail or any other electronic communications. Do not send your social security number, account number or any other personal information.
Apply Now
 
thensleyTonya Hensley, Assistant Vice President 
NMLS #416288
3041 McCullough Boulevard
Belden, MS 38826
Office: 662-842-8005 ext 604
Contact Me
For your protection and to prevent fraud, BNA Bank advises against sending sensitive or personally identifiable information via e-mail or any other electronic communications. Do not send your social security number, account number or any other personal information.
Apply Now
 
ADAM BAKERAdam Baker, Mortgage Loan Processor
NMLS #1721553
111 North Camp Avenue
New Albany, MS 38652
Office: 662-534-8171 ext 106
Contact Me 
For your protection and to prevent fraud, BNA Bank advises against sending sensitive or personally identifiable information via e-mail or any other electronic communications. Do not send your social security number, account number or any other personal information.

 

Types of Home Loans from BNA Bank

BNA Bank Home Loans are loans serviced by BNA Bank.

couple moving in Adjustable Rate Mortgage The rate is adjusted every year, three years or five years. Loans are amortized up to 30 years. The rate adjusts accordingly with a notice sent to the borrower.

Balloon Mortgage The rate is fixed for up to 5 years and amortized up to 30 years. At the end of the fixed rate period, the balance is refinanced at the current rate or paid in full.

BNA Bank Bridge Loan A bridge loan is a short-term loan, generally a year or less, used until you secure permanent financing or remove an existing obligation. It allows the consumer to meet current obligations by providing immediate cash flow. Home owners can use a bridge loan towards the purchase of a new home while they wait for their current home to sell.

Residential Construction Loan on a primary residence This is a short-term loan with a higher-interest rate that provides the funds required to build a residential property.

Mobile Home Loan Purchase or refinance of a new or used mobile home and land.

 


 

Types of Home Loans from BNA Mortgage


BNA Mortgage Home Loans are loans that are sold into the secondary market. The terms of your loan remain the same, but your servicer may vary during the life of your loan.

HomeownersConventional Mortgage A conventional mortgage is a home loan that isn’t backed by a government agency, such as USDA Rural Housing, FHA or VA. Conventional mortgages often meet the down payment and income requirements set by Fannie Mae and Freddie Mac, and they often conform to the loan limits set by the Federal Housing Finance Administration (FHFA). Down payment requirements can vary based on the borrower’s credit history.

FHA Mortgage Federal Housing Administration (FHA) loan is a mortgage that is insured by the Federal Housing Administration (FHA) and issued by an FHA-approved lender. FHA loans are designed for low-to-moderate-income borrowers; they require a lower minimum down payment and lower credit scores than many conventional loans. Non-occupying borrower may be allowed.

USDA Rural Housing Mortgage A USDA Home Loan is a Government insured loan that allows borrowers to obtain 100% financing with no down payment requirement. It is designed to meet the needs of people living in small communities, rural areas, as well as outlying metropolitan areas. This loan has income and property eligibility requirements based on the subject's property location.

VA Mortgage Veteran's Affairs (VA) helps Servicemembers, Veterans, and eligible surviving spouses become homeowners. The VA provides a home loan guaranty benefit and other housing-related programs to help buy, build, repair, retain, or adapt a home for your own personal occupancy. VA guarantees a portion of the loan, enabling us to provide you with more favorable terms.

Jumbo Mortgage Loan This mortgage is designed to finance high-value homes that require loans above the standard conforming loan limit. The key difference between a jumbo mortgage and a conforming loan is the size of the loan.

Residential Construction Loans on a primary residence This is a short-term loan with a higher-interest rate that provides the funds required to build a residential property.

 

Mortgage Loan Originators


SECURE AND FAIR ENFORCEMENT LICENSING ACT OF 2008

Title V of the Housing Economic Recovery Act of 2008, the Secure and Fair Enforcement Mortgage Licensing Act of 2008 (S.A.F.E. Act) is designed to enhance consumer protection and reduce fraud through the setting of minimum standards for the licensing and registration of mortgage loan originators (MLOs). Registration is required for Mortgage Loan Originators who work for an insured depository institution.

The following website will provide you with information about all Mortgage Loan Originators who are either licensed or registered: www.nmlsconsumeraccess.org.

A list of registered Mortgage Loan Originators who are employed by BNA Bank with their unique identifier is available by pressing the button below. This identifier will be needed to access the information about a particular Mortgage Loan Originator.

Registered Mortgage Loan Originators

 

 
Free ATM Promo

Free ATMs

Over 20,000+ Free ATM’s with our MoneyPass network.Free ATM Access at all Walgreen’s in the state of Mississippi

Find an ATM
Go To Top
back to top