Mortgage


 

We offer a variety of mortgage loans to help you purchase or refinance your home.

First Mortgage

Whether you’re looking to own a New Orleans shotgun, an Antebellum house, or an artist’s flat, we can help you finance your dream home with our First Mortgage Loans.

To explore more information about our First Mortgage Loans, click here.

 

 

Second Mortgage

With a second mortgage, you can take out a loan on a property that already has a first mortgage in place.

  • Competitive interest rates
  • Terms of five or ten years
  • Receive a lump sum payment made out to you at the beginning of the loan, up to 85% of the property value.

Call 504.885.6871 or visit our main branch if you would like to learn more about our second mortgage loans.

 

 

Simple Mortgage

Once your house is paid off, you are eligible to take out a Simple Mortgage. If you have multiple debts that you are paying off, this is an excellent way to consolidate all your debts into one.

  • Terms of three years
  • Competitive interest rates

Call 504.885.6871 or visit our main branch if you would like to learn more about our simple mortgage loans

 

 

Home Equity Line of Credit

Our Home Equity Line of Credit gives you access to a sizable pool of cash - up to 85% of your home’s value, less the balance remaining on your mortgage. A HELOC is best used for home upgrades, repairs, and for consolidating debts; and gives you the flexibility of accessing just the amount of money you need, as you need it.

  • Interest rates as low as 4.00%*
  • Access up to 85% of your home’s value, less the balance remaining on your mortgage
  • Draw money as you need it
  • Pay interest on only the amount of money that you draw

*Credit permitting

Call 504.885.6871 or visit our main branch if you would like to learn more about our home equity line of credit.

 

 

Home Equity Loan

Our Home Equity Loan is a good source of money for major projects and one-time expenses. Use a Home Equity Loan to fund major renovations or to consolidate all of your debts into one.

  • Borrow up to 85% of your home’s value, less any outstanding mortgages.
  • Fixed rates as low as 5% APR*
  • Terms of five or ten years
  • Paid in one lump sum at the time of closing

*Credit Permitting

Call 504.885.6871 or visit our main branch if you would like to learn more about our home equity loans

 
 

For all of our mortgages, closing costs and fees do apply.

 

 

Mortgage Rates

Conventional

Rate APR* Points
4.750% 4.913% 0.000%

15 Year Fixed

Rate APR* Points
4.000% 4.277% 0.000%

10 Year Fixed

Rate APR* Points
4.250% 4.650% 0.000%

5/1 Adjustable

Rate APR* Points
3.875% 4.508% 0.000%

FHA 30 Year Fixed

Rate APR* Points
5.000% 6.177% 0.000%

FHA 15 Year Fixed

Rate APR* Points
4.000% 5.239% 0.000%

Federal VA 30 Year Fixed

Rate APR* Points
4.500% 4.882% 0.000%