Who is New South Mortgage?
New South Mortgage is a consumer direct mortgage lender offering conventional and government mortgages – including reverse mortgages – DIRECTLY to you, the consumer.
Utilizing a secure, state-of-the-art technology, we have created a network of appraisers and title companies across our footprint and in YOUR area that will make your mortgage experience easy. We even offer a concierge closing service that comes to you! We are currently servicing Florida, Alabama, Georgia, Tennessee, and Kentucky. So from Memphis to Miami, we’ve got you covered!
Old Names, New Company
Establishing Worthington Mortgage Group in 1997 and later, Worthington Federal Bank, the Worthington team has been instrumental in providing more than $3 Billion in mortgages across the Southeastern U.S.
New South Mortgage was established to focus on what we love and know the best: mortgage lending.
Our New South staff has been together for many years, and we consider them to be the “best of the best!”
Our clients include country music stars, producers, on- air radio personalities, professional athletes, school teachers, firefighters, and NASA engineers!
So come join our family of clients, where you will be treated with old-fashioned respect and courtesy. Thank you for your business!
“I have been listening to Will Worthington on the radio for many years. When I bought my first home in 1999, I called and had a great experience…easy. I sold that house in 2007 before the crash and bought a bigger house. I again called the Worthington Team and they handled my transaction…the process was so easy by phone and online. It definitely took the stress out of moving and worrying about the financing.”
HECM Reverse Mortgage Customers
“My uncle called New South Mortgage and spoke to Will Worthington himself about a reverse mortgage. Will and his staff took the time to walk my Uncle through the process and get him the extra cash he needed to retire from the school system when he turned 62. They were all so polite and patient. What a blessing.”
“I live on Lookout Mountain near Mentone and there are no mortgage lenders anywhere around. We had paid off our house and property and had heard about the HECM Reverse Mortgage on television but I wanted somebody local and face to face to answer my questions. We wanted to set up an equity line to get some extra cash for a new barn. I heard Will Worthington on US 101 radio in Chattanooga talking about it. When we called, they sent someone out to our farm. They answered our questions and even helped us with a financial plan in case one of us died. We had to drive to Chattanooga to close but that was no big deal.”
“I thought when we did a Reverse Mortgage the government got our house. New South explained how that is not the case and that we kept the title to our house, and it went to our heirs when we passed away. I was shocked. When they explained the new line of credit feature to the program, we signed up for the counseling and got the ball rolling immediately. I called my aunt and told her about it and she is getting one, too.”
“My husband and I had been thinking about a reverse mortgage for 2 years and saw all the ads on TV. I had been trying to get one for 7 months through an online broker but he wasn’t getting anywhere. I called my daughter in Huntsville and she referred me to Will Worthington’s team at New South Mortgage. That was on Aug 8, 2015. We transferred my loan from the broker to New South Mortgage and they closed my reverse mortgage on Aug. 28th! It saved us over $1500 per month.”