Business Details
28 Years
experience
Your Trusted Mortgage Partner in South Hill, VA
Southside Mortgage has been serving Southside Virginia for nearly two decades, providing tailored mortgage solutions to meet diverse client needs. As a locally owned and operated business based in South Hill, Virginia, we specialize in guiding clients through the complexities of home financing with personalized support from experienced professionals. Our expertise spans First Time Home Buyer Programs, Conventional and VA Loans, Home Equity Lines of Credit, Special Credit Needs, and Construction and Commercial Loans. With a mission to deliver quality service and help clients achieve their homeownership goals, we prioritize clarity and transparency in every transaction.Owner Bruce Settle brings over 40 years of industry experience, having held leadership roles in banking and mortgage sectors since 1976. Our commitment to community is reflected in active involvement with local organizations, including the South Hill Chamber of Commerce and Rotary Club. We pride ourselves on offering accessible, client-focused services, including Saturday appointments by request, to better serve our neighbors in Southside Virginia.
Services
First Time Home Buyer Programs
VA Loans
Home Equity Lines of Credit
Construction Loans
Commercial Loans
Adjustable Rate Mortgages
Jumbo Loans
Second Home Financing
Investment Property Loans
No Income Verification Options
Details
- Year established: 1998
Highlights and features
- 20 years of local mortgage expertise in Southside Virginia
- Owner with 40+ years of banking and mortgage industry experience
- Specialized programs for first-time buyers and unique credit situations
- Personalized service from full-time professional loan officers
- A+ rating from the Better Business Bureau since 2008
Associations and certifications
- BBB
What people say
Professional and caring service
Helped me become a first-time homebuyer
Patient and knowledgeable advisors
Competitive interest rates
Smooth loan approval process
Services
First Time Home Buyer Programs
Specialized mortgage solutions for first-time purchasers requiring 3% personal funds as down payment. Our advisors simplify the process through personalized guidance and educational resources. These programs help make homeownership accessible while ensuring clients understand all financial obligations.
VA Loans
Zero-down payment mortgage options exclusively for qualified veterans. We streamline the VA loan process with expert knowledge of military-specific benefits and documentation requirements. Our team ensures veterans receive competitive rates and timely approvals for primary residence purchases.
Home Equity Lines of Credit
Flexible credit lines available up to 125% of appraised property value. Ideal for home improvements, debt consolidation, or emergency funds. We offer competitive rate structures and personalized repayment terms tailored to borrowers' financial situations.
Construction Loans
One-time closing programs for custom home construction. Our construction loans cover land acquisition, building costs, and permanent financing. We provide phased funding disbursements and expert guidance through each stage of the building process.
Commercial Loans
Comprehensive financing solutions for commercial real estate purchases or developments. We offer lines of credit, acquisition loans, and construction financing with flexible terms. Our expertise covers diverse commercial property types and business ownership structures.
People
Bruce Settle
President
With over 40 years in mortgage and banking sectors since 1976, Bruce Settle leads Southside Mortgage. Former Vice President at Benchmark Community Bank and active local leader, he brings deep community knowledge and industry expertise to every client interaction.
Questions
What mortgage options are available for first-time homebuyers?
We offer specialized first-time homebuyer programs requiring 3% personal funds as down payment. These include USDA loans with 100% financing options and conventional mortgages with flexible qualification criteria.
How does the VA loan process work for veterans?
Our VA loan specialists guide veterans through zero-down payment mortgage options. We handle all documentation requirements and coordinate with the Department of Veterans Affairs to ensure timely approvals for qualified applicants.
What credit score is needed for mortgage approval?
While we work with various credit profiles, typical conventional loans require minimum 620 scores. Our special credit needs program accommodates unique situations with tailored solutions and credit improvement guidance.
Are there mortgage options without income verification?
Yes, we offer no-income verification loans for self-employed borrowers and wage earners. These programs use alternative documentation methods like asset depletion or bank statement analysis to qualify applicants.
What local recognitions has Southside Mortgage received?
We maintain an A+ Better Business Bureau rating since 2008 and are recommended by locals on Alignable. Our team includes former presidents of South Hill Chamber of Commerce and Rotary Club leadership members.
Can I apply for mortgages online?
Yes, we provide fillable Uniform Residential Loan Applications online. Our digital process allows electronic submission of documents, with options to print, fax, or email completed forms for processing.
