Q: What are your office hours?

The Jefferson Street office is open from 8:30am to 5:00pm Monday through Friday. The Market Street and Ardmore offices are open from 8:30am to 5:00pm Monday through Friday and 8:30am to Noon on Saturday. The Highway 72 and County Line Rd offices are open from 8:00am to 5:00pm Monday through Thursday, 8:00am to 6:00pm Friday and 8:00am to Noon on Saturday.

Q: What number do I call for mortgage questions?

Call 1-256-232-1944 for all banking questions. A Reliance Bank team member will direct your call to the appropriate person.

Q: What is the number of Telephone Banking?

1-256-232-8835

TOP 5 MORTGAGE QUESTIONS WE ARE ASKED AT RELIANCE BANK

Q:What types of mortgage products do you offer?

At Reliance Bank we offer conventional fixed rate products from 15 to 40 years, Adjustable Rate Mortgages, Interest Only products, Construction to Permanent One Time Close products, as well as Stated Income products and No Ratio products. We have a mortgage to meet most every need.

Q:What will my monthly payment be?

Payment is based on term and option chosen. We offer immediate payment quotes by phone or e-mail.

Q:How much will I have to pay down?

We have options that will allow you to pay down as little as $500.00.

Q:How much will my closing costs be?

We can provide a Good Faith Estimate detailing the costs involved, a good rule of thumb at Reliance Bank is 2.50% of the amount of the loan.

Q:What is PMI and how can I avoid it?

Private Mortgage Insurance is collected when the loan amount is over 80% of the appraised value of the home. It is an insurance that protects the lender if you fail to pay your mortgage payment.