BancorpSouth’s Right@Home Mortgage Program

BancorpSouth’s Right@Home mortgage loan program continues to expand mortgage credit opportunities for many consumers in BancorpSouth’s 8-state footprint by lowering or eliminating the up-front costs for qualifying borrowers. Since the program’s introduction in December 2015, the Right@Home program has provided loans to borrowers interested in purchasing a new home or refinancing their existing mortgages. These Right@Home loans now represent a substantial portion of BancorpSouth’s total loans to low- to moderate-income (LMI) borrowers purchasing or refinancing a home. Low-income applicants are those whose gross income is less than or equal to 50% of the Estimated Median Family Income (EMFI) for the area where they reside.


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