Think you need 20% down on a jumbo loan? THINK AGAIN!

Adjustable Rate Mortgage (ARM) home loans with as little as 5% down and no mortgage insurance are now available! Contact a Southern Trust Mortgage Loan Officer in your area to learn more about our 5% down ARM loan with NO Mortgage Insurance.

Key Features of 5/5 ARM Loans

No Mortgage Insurance Required

Usually a mortgage with less than 20% down payment requires private mortgage insurance. With this product, there is no private mortgage insurance even with a down payment as low as 5%. This helps you save monthly by keeping your mortgage payment lower.

Adjustments Happen Every 5 Years

The 5/5 adjustable rate mortgage (ARM) is a special offering from Southern Trust Mortgage. The initial interest rate is constant for 5 years with adjustments every 5 years after.

No Need for a Second Mortgage

Often with a Jumbo mortgage product, borrowers will obtain two mortgages to avoid private mortgage insurance if they are not putting down 20% (first mortgage at 80% of sales price and a second mortgage up to 15%). With this special offering, your down payment may be as low as 5% and you have only one mortgage.

Benefits of our 5/5 ARM Loan

  • Interest rate and payment can change after 5 years and every 60 months thereafter.
  • Maximum increase in rate at first change is 2%
  • Loan Amounts from $300,000 to $729,750
  • Up to 3% Seller Help
  • No Minimum Cash Reserves
  • Single Family, PUD, Condo and 2-4 Units
  • Max 10 Acres
  • Purchase and Rate/Term Refinance

Why trust Southern Trust with your home financing?

Founded in 1998, Southern Trust Mortgage is a full-service mortgage lender. We offer diverse mortgage products designed to meet any home financing need. Our continued success is a result of the outstanding customer service we offer our clients and business partners. All of our loans are expedited through local processing, underwriting, and closing agents. Our industry-leading service truly sets Southern Trust Mortgage apart.

In business since 1998

Very competitive interest rates

Over 65,000 loans closed

In-house underwriting, processing and funding

Licensed and experienced mortgage loan officers.

Focused on developing relationships and trust.