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Allison Mayne
Community Development Lender
Hi, I’m Allison Mayne, a Community Development Lender with Southern Bancorp. As a mortgage lender I am passionate about making the home-buying process smooth, stress-free, and personalized. Whether you’re a first-time buyer, refinancing, or investing, I’m here to guide you every step of the way. I work closely with realtors and clients to find the best solutions, ensuring every transaction feels less like a process and more like a partnership. But life isn’t just about mortgages! I’m also a proud mom of two teenage boys, one of whom, Dalton, was diagnosed with type 1 diabetes in 2024. That journey has taught me resilience, empathy, and the importance of attention to detail—qualities I bring to my work every day. When I’m not helping families secure their dream homes, you’ll find me spending time with my husband, Drew, my boys, Davis and Dalton, or spoiling our dog, Darla. Let’s connect and make your homeownership dreams a reality!
Our Mortgage Lenders in Chattanooga Can Help You Get the Keys to Your Dream Home
Available Products
FHA Loan
Insured by the Federal Housing Administration, these loans have great advantages including low down payments, less restrictive credit requirements, and favorable interest rates.
- Not limited to first-time homebuyers
- Seller can pay up to 6% of closing costs
- Up to 100% of down payment funds can be gifted
VA Loan
The Department of Veterans Affairs provides insurance for these loans made special to service members and their spouses. With $0 down payments options, no mortgage insurance, and flexible loan terms, Southern Bancorp is committed to serving those who served our country.
- Available to active duty personnel, veterans, and surviving spouses
- Can receive 100% financing
- Flexible loan terms
USDA Loan
These loans, backed by the United States Department of Agriculture (USDA), are specifically designed to assist individuals and families in qualifying rural areas achieve homeownership. With favorable terms, USDA loans make it easier for eligible borrowers to purchase homes in rural communities, fostering growth and stability in these areas.
- Up to 100% financing
- Larger acreage purchases
- No minimum down payment required
Jumbo Loan
These loans are tailored for individuals purchasing high-value properties or requiring larger loan amounts. Whether acquiring luxury residences or investment properties, Southern Bancorp's Jumbo mortgage loans provide flexible and competitive financing solutions to meet the unique needs of all borrowers.
- Accommodates loan amounts up to $3 million
- No mortgage insurance required
- For primary and secondary homes like vacation and investment properties
Construction Loan
Southern Bancorp offers New Construction loans to facilitate financing for individuals building their dream homes from the ground up. These loans provide funding for construction costs, ensuring a seamless process from planning to completion, with personalized support and competitive rates.
- Extended rate lock
- One-time close options available
Conventional Loan
We provide conventional loans, offering flexible financing solutions for homebuyers with varying needs. With competitive interest rates and straightforward terms, our conventional loans are ideal for purchasing primary residences, second homes, and investment properties.
- Mortgage insurance options
- Minimal restrictions
- Flexible closing costs options available
Estimate your monthly payment
While using the calculator, keep in mind that the displayed dollar amounts are not guaranteed, and your actual payments may vary. The estimates provided are for illustrative and educational purposes only.
