Fraud Alert: Text Message Scam

We've been made aware of a fraudulent text message circulating that appears to be from Security Federal Savings Bank, asking you to click a link to decline a suspicious transaction. This message is not from the bank.

Please remember: Security Federal does not send fraud alerts via text message. We will never ask for your login credentials, PIN, or any personal account details through a link or message. If you ever receive a suspicious message or are unsure about a communication, do not click any links. Instead, call us directly at your local branch or our main number.

Your security is our top priority—thank you for staying alert and helping us protect your account.

Security Federal Savings Bank

New Home Construction Special

Are you considering buying or building a home, and can’t decide which to do? If you build your own home, your builder might offer financing, or you may need to secure your own new home construction loan. Security Federal offers new home construction loans.

You can apply now

Construction-To-Permanent Loan

Construction-to-permanent loans are a financing option that prospective custom home builders can apply for. Construction-to-permanent loans are one-time-close loans that fund construction and then convert into a permanent mortgage. During the 6–18-month construction phase, borrowers make interest-only payments. After the construction phase, the payment includes both principal and interest. An extension can be requested if the home is not complete.*

0.50% Credit Toward Closing Costs
Interest-Only Payments During Construction
Your Construction Rate Becomes Your Permanent Rate
Lot Equity May Be Used Toward Your Down Payment
Optional Interest Rate Float-Down at Completion
Track Your Loan Status Anytime, Anywhere

We also offer an optional interest rate float-down at the end of the construction phase if interest rates decrease below the rate at origination. The floor rate is 4.50%.

Ready to get started?

Apply online

Contact our team today

*A 1/2% of the loan balance will be deducted from the borrower's closing costs, up to $5,000. All loans subject to credit approval. Other restrictions may apply. SFSB reserves the right to discontinue this offer at any time.