Home Loans

Planters Bank’s experienced and helpful Mortgage lenders are prepared to secure financing for the home you desire.

• Our goal is to help you attain the best possible fit of rate and terms! 
• Whether you prefer an adjustable rate OR a fixed-rate (15- or 30-years), we’ll help you choose a Mortgage Loan that makes sense for you, your family and your household cash flow.
• We see it as our responsibility to take care of ALL your Mortgage details so your home-buying experience will be as pleasurable as possible!
• We are prepared to help you pre-qualify for a Mortgage amount so you can look for potential homes that you know will fit your budget.

Home Loan Services

Before beginning to “house hunt,” we invite you to talk first with one of our Mortgage Lenders. We are happy to provide advice and guidance with no commitment from you. Is it the right time for you to buy a home? Do you know how much house you can afford? Do you fully understand borrowing options? We will walk you through the Home Buying Process before you commit a single penny to a home purchase!

Mortgage Types

• Conventional (Fixed or Adjustable) – With a down payment that is less than most Mortgage types, you can spread out your payments up to 30 years … and the amounts paid in interest may provide you with income tax advantages. ¹
• Refinancing (Fixed or Adjustable) – Reduce your monthly payment, take advantage of a reduced interest rate or change your repayment term. Refinancing your Mortgage may be available with the option to include closing costs if you’ve built up sufficient equity.
• New Construction – If you are building your own home – or employing a custom home builder – Planters Bank will help you setup a Construction Loan. This type of loan typically exists during the period your house is being built and allows you to make draws for construction payments. These payments are often “interest only.” Once your new home is complete, you can seamlessly convert to a 15- or 30-year fixed rate Mortgage.

Special Mortgage Financing Programs

• Veterans Affairs (VA) – Because of the large number of households in our bank’s service area with military ties, Planters Bank is highly experienced in handling VA Loans. The Mortgages are available to:
  • Active duty military personnel, reservists and veterans
  • Spouses of service members who died during active duty
  • Military personnel with a service-related disability
  • Spouses of MIA or POW soldiers
• Federal Housing Administration (FHA) – Available to consumers seeking a lower down payment or first-time homebuyers meeting certain requirements.
• Tennessee Housing Development Agency (THDA) – Available to consumers with certain income criteria who are financing a property in Tennessee. Generally, THDA Mortgages are available to first-time homebuyers.
• Kentucky Housing Corporation (KHC) – Available to consumers with certain income criteria who are financing a property in Kentucky.

Apply Online for Your Mortgage

For your convenience – or if you wish to expedite your Mortgage – you may apply for your Mortgage online! This is a complete loan application that you are able to start … stop … and resume as you wish. Follow the “Mortgage Team-Apply Now” button below and choose your preferred Mortgage Application option.

• Online Application
• Printable Application 

Calculator: What are my payments for a fixed rate loan?

Mortgage Team-Apply Now Home Buying Process Info Request Bank Offices

¹ Consult a qualified tax advisor for details.