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Other Mortgages include:
- 1st Mortgages (terms up to 20 years; owner occupied property)
- Closed-End Home Equity Mortgages (terms up to 10 years fixed with a maximum of $100,000; owner occupied property)
- Land Loans (terms up to 10 years with a 5 year maturity)
To check the current mortgage rate, please call us at 504-348-2424 ext. 216.
Let Jefferson Financial help you fulfill your American dream! Looking for a first-time home loan or an Equity Line of Credit? We can help!
HELOCs (Home Equity Lines of Credit; maximum of $250,000)
Whatever you need to add to your lifestyle can be yours with a Home Equity Line of Credit Loan from your credit union. Tired of teaser introductory rates and puzzling repayment terms? You won't find that here. Our game is simple and straightforward and the benefits really add up:
- Great Rates – A variable Annual Percentage Rate (APR)*
- Generous Amounts – Borrow as much as 100% loan-to-value** of your home minus any current mortgage loan balance, up to $250,000
- No Closing Costs*** – Will save you hundreds
- Spending Options – There is no minimum amount per advance! Three easy ways to advance: "CUTIE, eBranch, or with a teller.
- Owner occupied property only
*Rate is prime as stated in the Wall Street Journal and is subject to change. Rate depends on individual credit.
**Up to 100% LTV with a valuation or an appraisal. Consult your tax advisor for tax deductibility.
***Includes customary fees. Does not include mortgage cancellations or Parish assessed documentation fees.
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