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Edgard, LA

The Best Mortgage Lenders in Edgard, LA

Compare verified mortgage lenders serving Edgard, Louisiana. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
372+
Reviews
10
Loan Types

Available Loan Programs in Edgard

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
Construction-to-Perm
Home Equity
First-Time Homebuyer

Featured Mortgage Lenders

1

Hibernia Bank Mortgage Team

Hibernia Bank

★★★★☆
4.8/5

Hibernia Bank stands out as a top-rated community bank serving the River Parishes region including Edgard. With deep local roots and over two decades of experience, they offer personalized mortgage services with local underwriting decisions. Their mortgage team is praised for exceptional customer service, competitive rates, and deep understanding of the local real estate market. As a community-focused institution, they provide flexible lending options and work closely with borrowers throughout the entire process, making them particularly strong for first-time homebuyers and construction loans in St. John the Baptist Parish.

Experience:25 years
Reviews:89 customer reviews
1201 West Airline Highway, LaPlace, LA 70068

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Gulf Coast Bank Mortgage Division

Gulf Coast Bank & Trust Company

★★★★☆
4.7/5

Gulf Coast Bank maintains a strong presence throughout Southeast Louisiana, including serving Edgard and the River Parishes region. They receive high marks for their responsive mortgage team and competitive loan products. Specializing in both purchase and refinance transactions, they offer local processing and underwriting with deep knowledge of Louisiana's unique property considerations. Their construction-to-permanent loan program is particularly well-regarded for rural and suburban properties in areas like Edgard. Customers consistently praise their transparent communication and ability to close loans efficiently.

Experience:22 years
Reviews:127 customer reviews
201 St. Charles Avenue, New Orleans, LA 70170

Loan Types:

ConventionalFHAVAUSDAConstruction-to-PermRefinanceHome Equity
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3

Neighbors Federal Credit Union Mortgage Department

Neighbors Federal Credit Union

★★★★☆
4.6/5

While based in Baton Rouge, Neighbors Federal Credit Union serves members throughout Southeast Louisiana, including Edgard residents. They have built an excellent reputation for mortgage lending with highly competitive rates and member-focused service. Their mortgage specialists are known for taking time to educate borrowers and find the best loan options. The credit union offers special first-time homebuyer programs and down payment assistance options that are particularly valuable in the Edgard market. Members consistently report smooth closing processes and appreciate the personalized attention from their loan officers.

Experience:18 years
Reviews:156 customer reviews
7251 Corporate Boulevard, Baton Rouge, LA 70809

Loan Types:

ConventionalFHAVAUSDAFirst-Time HomebuyerRefinanceHome Equity
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Frequently Asked Questions

Common questions about mortgage lending in Edgard, LA

What are the current mortgage rates like in Edgard, LA compared to the national average?

Mortgage rates in Edgard typically align with national averages but can be slightly higher due to Louisiana's insurance costs and localized flood risk assessments. As of late 2023, rates in St. John the Baptist Parish generally range between 6.5-7.5% for 30-year fixed loans, but working with local lenders who understand area-specific factors can help secure competitive terms.

Are there any special mortgage considerations for buying a home in Edgard's flood-prone areas?

Yes, flood insurance is a critical requirement for most properties in Edgard given its location along the Mississippi River and proximity to Lake Maurepas. Lenders will require a flood elevation certificate and federally-backed flood insurance, which can add $1,500-$3,500 annually to your housing costs depending on the property's elevation and flood zone designation.

What local down payment assistance programs are available for Edgard homebuyers?

St. John the Baptist Parish offers the Soft Second Mortgage Program through the Louisiana Housing Corporation, providing up to $15,000 in down payment assistance for eligible first-time homebuyers. Additionally, the Gulf Opportunity Zone program offers favorable terms for homes in designated areas, which includes most of Edgard.

How does Edgard's rural location affect mortgage lending options?

Edgard's rural designation makes many properties eligible for USDA Rural Development loans, which offer 100% financing with no down payment required. This can be particularly advantageous for moderate-income buyers looking to purchase in unincorporated areas of St. John the Baptist Parish, though property must meet specific location and condition requirements.

What should I know about property taxes and insurance when calculating my mortgage payment in Edgard?

St. John the Baptist Parish has relatively moderate property taxes (averaging 0.35-0.45% of assessed value), but Louisiana's high homeowners insurance rates significantly impact monthly payments. Expect to budget for insurance costs that are 20-40% higher than national averages due to hurricane and flood risks, which lenders will factor into your debt-to-income ratio calculations.

Mortgage Insights

Finding Your Guide: Why a Local Home Loan Agent is Key to Buying in Edgard

Searching for "home loan agents near me" is more than just a convenience when you're looking to buy a home in Edgard, Louisiana. It's a strategic move that can make the difference between a smooth journey to homeownership and a frustrating process. In a unique market like ours, where historic river road properties meet newer subdivisions and rural acreage, having a local expert in your corner is invaluable.

A home loan agent based in or familiar with the River Parishes brings specific knowledge you won't find with a national call center. They understand the nuances of appraising properties in Edgard, from the raised Creole cottages to homes that may be in flood zones. This local insight is critical for navigating insurance requirements and ensuring your loan process accounts for Louisiana's specific environmental considerations. They can advise you on the true cost of ownership, including parish-specific taxes and potential flood insurance through the NFIP, which is a significant factor for many areas in St. John the Baptist Parish.

On a practical level, a local agent has relationships with community banks, credit unions, and regional lenders who are actively financing homes in our area. They know which lenders have a good track record with the types of properties common here and can often streamline communication. When you're trying to secure a historic home or a piece of land, this local network can be a decisive advantage.

Louisiana also offers several homebuyer programs that a knowledgeable local agent can help you access. The Louisiana Mortgage Credit Certificate (MCC) program, for instance, provides a federal tax credit for a portion of the mortgage interest you pay each year, putting money back in your pocket. There are also programs like the Market Rate GNMA Program for qualifying borrowers. A local professional will know the eligibility details and how to pair these with conventional loans, especially important for first-time buyers in Edgard looking to maximize their purchasing power.

Your actionable first step? Look beyond the generic online search. Ask for referrals from your real estate agent, friends, or family who have recently purchased locally. When you speak with a potential agent, ask them directly: "How many loans have you closed in St. John the Baptist Parish in the last year?" and "Can you tell me about specific challenges or programs for buyers in Edgard?" Their answers will immediately tell you if they have the boots-on-the-ground experience you need.

Buying a home here is about investing in a community with deep roots and a strong sense of place. Partnering with a home loan agent who understands that landscape—both literally and figuratively—ensures your financial path is as solid as the foundation of your new home. Take the time to find a local guide; it’s the first smart investment you’ll make in your Edgard future.

Nearby Cities

Explore mortgage lenders in cities near Edgard, LA

Why Choose a Mortgage Lender in Edgard?

Local Market Knowledge

Lenders who understand Edgard's housing market can offer better guidance and competitive rates.

Multiple Loan Options

Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.

Proven Track Record

Work with lenders who have years of experience and hundreds of satisfied customers in Louisiana.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Edgard and get competitive rates on your home loan.