Mortgage and Refi Rates

Mortgage Rates

 From family barbecues to passing down life lessons, a home loan from Great Southern is a great place to get started. Because it’s more than just a house. It’s home.


Apply Now

Rates are current as of 10/04/2024 at 10:40 AM. The annual percentage rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown here is based on the interest rate and an estimated total for points and other finance charges and fees. For specific details please contact your Great Southern Residential Lender. Points are a one-time charge assessed at your loan closing. Each point equals one percent of your loan amount. Paying points may result in a lower or discounted interest rate.

Some of our home loan options like VA, FHA, and USDA include specific requirements and qualifications. Your Great Southern Residential Lender can help you determine if you are or the property you are interested in purchasing is eligible for these programs. All payment examples provided below do not include taxes and insurance premiums. All loans are subject to credit approval and program guidelines. Interest rates and program terms are subject to change without notice. Property insurance is required. Great Southern Bank is not an agent or affiliate of any government agency.

^ Back to rates

1) Conventional, FHA, USDA/Rural Housing, & VA (All 30 Year Fixed Rates)

Rate shown assumes: Conforming loan amounts of $160,000; Single family residence; Down payment of 25%; Debt-to-Income Ratio of 40% or less, Mortgage rate lock period of 45 days; Customer profile with excellent credit.

For example: a 30-year fixed rate loan of $160,000 at 4.50% will have principal and interest of $811 per month.

^ Back to rates

2) Conventional 15 Year Fixed

Rate shown assumes: Conforming loan amounts of $160,000; Single family residence; Down payment of 25%; Debt-to-Income Ratio of 40% or less, Mortgage rate lock period of 45 days; Customer profile with excellent credit.

For example: a 15-year fixed rate loan of $160,000 at 4.50% will have principal and interest of $1,224 per month.

^ Back to rates

3) Construction Only Loans

Rate shown assumes: Conforming loan amounts of $160,000; Single family residence; Down payment of 25%; Debt-to-Income Ratio of 40% or less, Mortgage rate lock period of 45 days; Customer profile with excellent credit.

For example: Fully funded loan amount of $160,000 at 4.250% will have an interest only payment of $566.67 per month for 11 months and a final balloon payment of $160,000 in the 12th month, at such time you will be responsible for refinancing your loan into a permanent loan. Balloon Payment is a repayment of the outstanding principal sum made at the end of a loan period.

^ Back to rates 


Just for you



Online Banking made simple.

Whether you need single-user banking or a cash management solution, our online options give you the control, security and support you need. Business Online Banking



Open an account in no time

We know your time is valuable. That’s why we made account opening easier than creating that latte. Refreshing. Apply Today



Community matters

We understand that the strength and livelihood of where we live depends on the commitment of its residents. That is why community matters to us. Community Outreach