Warehouse Lending

Our Bank Holding Company, Southern BancShares, Inc., through its State Chartered Banks, is offering a conforming loan Mortgage Purchase/Resale program for mortgage companies such as yours to address these needs. Our program enables mortgage bankers to fund and inventory loans until the loan is purchased by an institutional investor. We have competitive rates, excellent service and have been in this business for over fifteen years. We warehouse residential conforming loans for qualified mortgage bankers and offer purchase agreements that start at $2 to $3 million with the ability to handle significantly larger line with established relationships

Being able to fund your own loans establishes your reputation in the industry with consumers, builders, brokers and real estate agents to close and fund loans in your own name, on your schedule. We fund home loans within 24 hours of request and in most cases, on the same day.