South State Bank has a full array of in-house portfolio adjustable-rate mortgages (ARMs)1 including purchase, refinance and construction loan options. The benefits of portfolio lending includes local lending decisions, expanded guidelines for loan qualification and competitive interest rates.
Our portfolio loan products also have the advantage of no mortgage insurance with as little as 10% down.
Low down payment options
No monthly mortgage insurance
For primary or vacation homes
Escrow for Homeowner’s Insurance and Taxes not required