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Affordable Advantage Home Mortgage

Owning a home can be easier than you think, especially with a Affordable Advantage Home Mortgage from Simmons Bank – with 100% financing

Pre-Qualify Online Find a lender

Make homeownership a reality.

 

No down payment

No Private Mortgage Insurance (PMI)

Seller contributions and gift funds allowed

Income restrictions apply

Not limited to first-time homebuyers

Flexible credit guidelines

No investors allowed

Financing structured as two separate loans: an 80% first mortgage and 20% second mortgage.

Offer available in the following communities:

Arkansas

Ashley, Benton, Chicot, Cleburne, Cleveland, Conway, Crawford, Craighead, Desha, Drew, Faulkner, Franklin, Fulton, Greene, Izard, Jefferson, Johnson, Lawrence, Lincoln, Lonoke, Poinsett, Pope, Pulaski, Saline, Searcy, Sebastian, Sharp, Stone, Union, Van Buren, Washington and White counties

Missouri

Barry, Boone, Cedar, Dade, Douglas, Howell, Lawrence, Oregon, Ozark, Shannon, St. Louis City, St. Charles, St. Louis, Stone, Taney, Texas, and Wright counties

Kansas

Sedwick county

Oklahoma

Canadian, Cleveland, Grady, Oklahoma, and Payne counties

Tennessee

Carroll, Chester, Crockett, Davidson, Dyer, Gibson, Hardeman, Haywood, Henderson, Lauderdale, Madison, McMinn, Monroe, Obion, Robertson, Shelby, Sumner, Tipton, Weakly and Williamson counties

Texas

Bee, Collin, Cooke, Dallas, Denton, DeWitt, Fort Bend, Grayson, Harris, Henderson, Johnson, Karnes, Kaufman, Live Oak, McMullen, Montgomery, Parker, Palo Pinto, and Tarrant counties

Ready to take the first step?

We have three easy options to get started. You can start your application online today, contact a lender directly, or send a note to our team. Let's start the conversation on your terms.

Pre-Qualify Online

Start your pre-qualifying application online.

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Contact a lender

Recieve expert advice by contacting a mortgage lender directly.

Submit a contact form

Send an inquiry to our mortgage team and we'll reach out to you.

Talk to a home loan expert today.

 

A Simmons Bank mortgage lender can walk you through the home loan process and help find the best option for you. Are you ready to make your dream of homeownership a reality? Get started today!

Leave us a note, and we'll take it from there.

 

Prefer to have us reach out to you? No problem. Tell us a little about yourself and your needs, and we’ll connect you with a lender in your area.

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  • {97} Benefits and features are subject to customer qualification and approval by Simmons Bank.
  • {166} Subject to credit approval.
  • {173} The Affordable Advantage Home Mortgage is offered to meet the needs of low-to-moderate income and majority minority communities in the Little Rock, AR, Fayetteville, AR, Fort Smith, AR, Jonesboro, AR, AR North, AR South, Wichita, KS, St. Louis, MO, Columbia, MO, Southern MO, Oklahoma City, OK, Payne, OK, Memphis, TN, Nasvhille, TN, TN West Non, Jackson, TN, TN East Non, Dallas, TX, Fort Worth, Houston, TX, Sherman, TX, TN West Non, and TX South Non areas in accordance with Simmons Bank’s obligations under the Community Reinvestment Act (CRA) and Fair Lending laws. Speak with your local Simmons Bank banker to find out what products are available in your area. Loan amount cannot exceed fair market value of the property. Simmons Bank NMLS# 484633