Fidelity Bank’s NOLA Lending Division – Experience and Local Expertise
Your Trusted Partner for Home Loans and Mortgage Solutions
When it comes to finding the right mortgage loan, Fidelity Bank’s NOLA Lending Division is here to make your homeownership journey smooth and affordable. Since opening in 2002, NOLA Lending Group has grown into one of the largest and most trusted mortgage lenders in the region. Our success is built on delivering exceptional customer experiences, competitive mortgage rates, and flexible home loan options, even during challenging times in the housing market. As a division of Fidelity Bank since 2014, we’re able to offer an expanded range of mortgage solutions tailored to your needs.
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Mortgage Loan Details
Working with Fidelity Bank and NOLA Lending Group means having access to a variety of mortgage loan options designed to fit different financial situations.
Mortgage Loans Made Simple
At NOLA Lending, mortgage loans are our sole focus. Our team works around the clock to provide every customer with personalized service, highly competitive rates, and a smooth, transparent mortgage process.
Start Your Journey to Homeownership Today!
Our mission is to offer outstanding service and uphold the highest standards in mortgage lending. We leverage the latest technology, stay ahead with current knowledge of the mortgage industry, and continually seek innovative home loan options for all our clients. We understand that buying a home is a major milestone, and we treat every mortgage loan as important as you do.
Key Features of Fidelity Bank Home Loans
Key Features of Fidelity Bank Home Loans
- Competitive Rates: Secure a mortgage with some of the most competitive rates available, ensuring your home loan fits comfortably within your budget.
- Free Pre-Qualification: Get pre-qualified at no cost, so you can shop for your new home with confidence.
- Local Processing: Enjoy the benefits of local decision-making and processing, ensuring quick and efficient service.
- Refinancing Available: Explore refinancing options to potentially lower your rate or adjust your loan terms to better fit your current situation.
A Local Lender You Can Count On
A Local Lender You Can Count On
From processing and underwriting to closing, every step of the mortgage loan process is handled in-house at our local office. We’re here in your community, providing the local expertise and dedicated service you deserve. Work with a lender who understands your local market – choose Fidelity Bank’s NOLA Lending Division for your home loan today! At Fidelity Bank, a leading community bank in Louisiana, we offer a wide range of home mortgage loans tailored to meet your unique needs. Whether you're purchasing your first home, refinancing, or investing in a property, our mortgage solutions provide competitive rates, local expertise, and personalized service to guide you every step of the way.
Fidelity Community Development Initiative (FCDI) Loans
Fidelity Community Development Initiative (FCDI) Loans
The Fidelity Community Development Initiative (FCDI) Loan provides affordable financing options for applicants who may not qualify for traditional loans. Before an applicant may be considered for a community development loan, the applicant must first be considered and not qualify for any other traditional loan program whether portfolio or secondary market.
Details include:
- 580 Credit Score Minimum: Qualify with a credit score of 580 or higher.
- 95% Loan to Value1: Maximum LTV for eligible properties.
- Homebuyer Class: Attend a homebuyer education class approved by HUD2.
- No Private Mortgage Insurance: Enjoy the benefits of no PMI, reducing your monthly payments.
- No Prepayment Penalties: Pay off your loan early without additional fees.
- $500 Lender Credit*: Receive a lender credit to help offset closing costs.
- Property must be located in the program target area and income limits apply.3
- Gift funds allowed for a portion of the down payment.
*Lender Credit offer valid at the time of application on applications submitted. Offer not valid with any other offer or discount. Lender credit will be applied at the time of closing. Offer may be redeemed at any NOLA Lending office location. Cannot be copied or altered. This coupon has no cash value. Lender Credit is for the FCDI loan only.
1Financing cannot exceed 95% of the subject property's fair market value, plus allowable excess costs. Consult your tax advisor regarding the deductibility of interest.
2Homeowner education is required via an approved HUD counselor/vendor to qualify for this loan, additional fees may apply.
3Property must be located in the program's targeted area and the applicant's income must be 80% or less than the HUD median income for the area. The property must be located in a low, moderate, or majority-minority census tract.
Fidelity HOME Program: Simplifying Home Ownership
Fidelity HOME Program: Simplifying Home Ownership
Fidelity Bank is committed to making homeownership easy and straightforward. We participate in multiple programs to make homeownership accessible. One example of our home financing offerings includes the Fidelity HOME program. It is a great option for eligible applicants planning to purchase properties located in Jackson, MS1
- No Income Limit: Flexible financing options without income restrictions.
- 100% Financing: Up to 100% of the home’s value2, making it easier to purchase your dream home.
- No Mortgage Insurance Required: Save on monthly costs with no mandatory mortgage insurance.
- Down Payment Assistance: Assistance programs may be available to help with your down payment.
- Flexible Credit Requirements: More lenient DTI (Debt-to-Income) ratios and credit score requirements than other mortgage options.
1While all credit-qualified borrowers are eligible for the HOME program, not all properties are quality. Please contact a loan officer for details.
2Financing cannot exceed 100% of the subject property’s fair market value. No down payment is required. Terms of repayment: For a $250,000 loan, 360 monthly payments will be $2,396.69 with a monthly interest rate of 7.375%, payment amount includes amounts for property tax and insurance. 7.435 Annual Percentage Rate. No balloon payment. Consult your tax advisor regarding the deductibility of interest.
The origination fee at consummation is retained by Fidelity Bank and does not include other 3rd party fees. Information stated above is subject to change without notice. All applications are subject to underwriting guidelines and approval. This does not constitute an offer to lend or offer an extension of credit. All loans are subject to credit approval. Not all applicants will qualify for all products offered. All loan programs, terms, and interest rates are subject to change without notice and may only be available in select markets.
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