Home Loans
With mortgage lending offices conveniently located across the Gulf Coast, we offer a variety of lending solutions to meet your home loan needs including purchase loans, refinance loans, construction, FHA, VA, and USDA (rural development). We even offer programs designed for first-time homebuyers including bond programs as well as jumbo loans and renovation/203k.
Our loans come with competitive rates and flexible terms, plus local lending decisions and the personal service you've come to expect from the bank that cares about you!
Contact your local mortgage lender today to learn more about how we can help you with your borrowing needs.
To start the loan process:
For returning clients:
Find a Mortgage Lender Near You
Gulf Coast Bank Mortgage Lending has over 30 Mortgage Lenders located throughout East Baton Rouge, Jefferson, Livingston, metro New Orleans, St. Bernard, St. Tammany, and Tangipahoa parishes in Louisiana as well as Orange and Sarasota counties in Florida.
See what our clients are saying:
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Home Loan Programs
If you’re getting ready to buy a home or considering a refinance, our loan officers will help you get the best mortgage for your needs!
Our Home Loan Programs Include:
Construction Loans
Construction Loans offer the ability to either build a residence from the ground up or renovate an existing property. We offer both a single close construction loan, as well as a two-time construction loan. Differences in the two programs can be discussed with your mortgage loan originator.
Conventional Loans
Conventional mortgage loans are also known as Fannie Mae or Freddie Mac loans. The guidelines and credit requirements are established by either Fannie Mae or Freddie Mac. Generally, the credit requirements for this program type are a bit more stringent than a government loan.
FHA Loans
FHA, or Federal Housing Administration, is a mortgage loan that is insured by FHA. FHA and/or HUD (Department of Housing and Urban Development) set the regulations and requirements to qualify for this type of loan.
First Time Homebuyers
We love helping local residents realize their dreams of buying their first home. Click on the link below to find out more about various programs available for first-time homebuyers.
Jumbo Loans
If you need a home loan that is higher than the current limits set by the Federal Housing Finance Agency, you will need a jumbo loan. Jumbo loans are sometimes called nonconforming loans because they don’t fit the loan amount requirements of conventional loans offered by Fannie Mae or Freddie Mac.
Renovation & 203K Loans
Could your current home be your dream home with some minor or major renovations or did you find a home in the perfect location, but it doesn’t quite check all the boxes? A home renovation or 203k loan may be just the thing you need! Our 203k and Fannie Mae Homestyle loan options enable borrowers to finance renovations to their current home or finance the cost of purchasing and renovating a new home in one streamlined process.
USDA/RD Loans
USDA/RD, or United States Department of Agriculture/Rural Development, is a mortgage loan that is insured by the USDA. The mortgage program has less stringent credit requirements then a conventional loan and can only be used on homes in qualified areas set by the USDA Rural Development.
VA Loans
VA, or Veterans Administration, is a mortgage loan that is insured by the Veterans Administration. This program is only available to Veterans or the eligible dependents of Veterans. VA sets the service requirements to qualify for a VA backed mortgage loan. A certificate issued by the VA will document your eligibility for a VA insured loan.
Bond Programs
Bond Programs are community based mortgage loan programs that Gulf Coast Bank & Trust Co. participates in. Typically the Bond programs are designed to help meet the housing needs of low-to- moderate income applicants. The programs are typically designed for first time homebuyers with rates that are usually below the current market.
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Locations
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COVID-19 Updates
Updated 10-13-2020
We are now operating under Phase 3 Guidelines at 75% capacity.We are now available for in person meetings by appointment!
COVID-19 Prevention Training employees is important to avoid further spread or a new outbreak. Please take 2 minutes to view this video published by the CDC: 6 Steps to Prevent Covid-19.
Gulf Coast Bank & Trust is partnering with Ochsner Hospital to ensure all of our employees, regardless of where they are located, have easy access to virtual medical care and expert guidance as we navigate how to continue providing exceptional service while keeping our employees and clients safe.
Additional information will be shared about this initiative as it becomes available.
Here are important updates for our borrowers & referral partners related to COVID-19 as of 3-21-2020:
STRATMOR's comprehensive Insights Report has continual updates about what lenders are doing.
Other Important Industry Sites & Links:
Mortgage Bankers Association (MBA) Coronavirus (COVID-19) Resources
Federal Reserve COVID-19 Website
FHA Updates on Employment & Appraisal Guidelines
The FHA has updated "Re-verification of Employment and Exterior-Only and Desktop-Only Appraisal Scope of Work Options for FHA Single Family Programs Impacted By COVID-19".
Click here to read the pdf version of the Mortgagee Letter dated March 27, 2020.
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Resource Center
We compiled the below resources to help you along the process. Contact one of our local Mortgage lenders today to get started!
Learn More:
The Home Loan Process
Home Loan FAQs
After My Loan Has Closed
What Are Today’s Mortgage Rates? -
Calculators
No two loans are ever the same. That’s why it’s important to find out what YOUR numbers might look like on a home loan.
Whether you’re buying a home, refinancing, building or purchasing investment property, our loan calculators will help you understand the numbers.
Home Loan Calculators:
How much will my fixed rate mortgage payment be?
How much will I save by increasing my mortgage payment?
How much mortgage might I qualify for?
How much home can I afford?
Should I consolidate my loans? -
Home Loans Blog
Click Here to View All Blogs
- Building your dream house is easier with a one (1) time construction loan
- The smart way to research customer reviews before choosing a lender
- The “new norm” - nearly virtual home loan closings
- Facts vs. Myths About First Time Home Buyers
- 10 Rules When Applying for a Mortgage Loan
- How Do You Know You’re Ready To Buy a Home?
- Getting Ready To Buy a Home in 5 Easy Steps
- Buying a home this spring? The time to start is now.
