The Crestar Mortgage Corporation Team is based in Shreveport, LA. We pride ourselves on offering competitive rates and outstanding service. We make the loan process simple, straightforward, and fast for all types of borrowers. Whether you are purchasing your dream home or looking to refinance an existing loan our highly experienced team of mortgage experts are here to help you find the ideal financing solution.
The Crestar Mortgage Corporation team has over 20 years of lending experience. We consistently rank among the highest in overall customer satisfaction among Louisiana mortgage companies. Use any of the tools on this site today to find out how we can help you with your home financing needs. Our ultimate goal is to create lasting relationships with each of our clients so that we may continue providing excellent service for many years to come.
The Crestar Mortgage Corporation team has over 20 years of lending experience. We consistently rank among the highest in overall customer satisfaction among Louisiana mortgage companies. Use any of the tools on this site today to find out how we can help you with your home financing needs. Our ultimate goal is to create lasting relationships with each of our clients so that we may continue providing excellent service for many years to come.
Services
Conventional loans are mortgage loans offered by non-government sponsored lenders. A conventional, or conforming, mortgage adheres to the guidelines set by Fannie Mae and Freddie Mac. It may have either a fixed or adjustable rate. While many think that a 20% down payment is required for all conventional loans, many lenders now offer low down payment options.
The HARP 2.0 program is also known as, "Making Home Affordable, the Obama Refi." In order to be eligible for the HARP refinance program: Your loan must be backed by Fannie Mae or Freddie Mac. Current LTV (loan to value) must be greater than 80%. Must be current with no past due payments in 12 months.
A VA Loan is Designed to offer long-term financing to veterans. VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. The VA determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice.
Jumbo Loans exceed the maximum loan amounts established by Fannie Mae and Freddie Mac conventional loan limits. Rates on jumbo loans are typically higher than conforming loans. Jumbo Loans are typically used to buy more expensive homes and high-end custom construction homes. Typically Jumbo Loans require a higher down payment than traditional loans.
One of the first choices a homebuyer will need to make is whether you want a fixed-rate or an adjustable-rate mortgage loan. The bulk of loans will fit into one of these two categories, however, there is a third option that will allow you to "hybrid" the two. An adjustable-rate mortgage, (ARM): The interest rate of the mortgage adjusts periodically based on market conditions.
