Mortgage Loan Rates & Options
Buying a home? Stay local. We offer a variety of mortgage loan options to fit your needs.
Purchase Power Mortgage
With 100% financing for purchases, a Purchase Power Mortgage is ideal for a first-time homebuyer.
- No down payment required
- Fixed interest rate
- NO Private Mortgage Insurance (PMI) required
- Seller contribution up to 6% allowed
- Maximum loan amount $300,000
- Maximum DTI (Debt to Income ratio) 40%
Requirements to qualify
- Minimum mid credit score of 660
- No slow payments in the last 24 months
- Judgments, liens, collections, voluntary or involuntary repossessions, charge-offs, federal and state tax liens must all be paid in full
- No open or active mortgage allowed qualifying for the product
- Minimum 25 months of verified employment in the same or related field
- Two years W-2s and Tax returns required
- Property must be located in East Baton Rouge, West Baton Rouge, East Feliciana, West Feliciana, Ascension, Iberville, Livingston, Pointe Coupee, or St. Helena parish
- Property must be a detached single family dwelling (no condos/town homes/mobile or manufactured/modular homes)
Lot/Land Loans
Purchase a lot or land prior to building.
- Up to 100% financing available
- Terms up to 12 years
Jumbo Mortgage
For mortgages between $647,200 and $1,000,000.
- Up to 85% financing available on purchases and all refinances
- NO private mortgage Insurance (PMI) required
- Minimum credit score of 720
- Primary residence only in the following parishes: East Baton Rouge, Ascension, East Feliciana, Iberville, Livingston, Pointe Coupee, St. Helena, West Baton Rouge, West Feliciana
Conventional Mortgage Loans
Purchase and Refinance
With a wide choice of terms and competitive mortgage rates, our mortgage options work within your budget and fulfill your homeownership dreams.
• 10, 15, 20, or 30-year terms.
• Fixed or adjustable-rate financing.
• Multiple down payment options.