First Bank and Trust of New Orleans Home Equity Loan Review

First Bank and Trust of New Orleans Home Equity Loan is offered by First Bank and Trust of New Orleans (NMLS #525613), a bank founded in 1991 and based in New Orleans, LA. First Bank and Trust of New Orleans Home Equity Loan is available in 3 states across the USA.

How much can you borrow with a First Bank and Trust of New Orleans Home Equity Loan home equity loan?

A home equity loan allows homeowners to borrow money using their home as collateral (similar to a mortgage). Loan amounts vary depending on the value of the home minus the balance of any mortgages or liens on the property.

First Bank and Trust of New Orleans Home Equity Loan allows borrowers to apply for home equity loans of up to $250,000. The actual maximum loan amount will vary depending on the value of the property, how much you owe on it, and your creditworthiness.

What home equity loan rates does First Bank and Trust of New Orleans Home Equity Loan offer?

First Bank and Trust of New Orleans Home Equity Loan offers home equity loans with a fixed APR

Remember the APRs of home equity loans do not include points and financing charges, just the interest rate.

What fees does First Bank and Trust of New Orleans Home Equity Loan charge for a home equity loan?

First Bank and Trust of New Orleans Home Equity Loan may charge a loan origination fee of 1% of the loan amount.

What types of property can you use as security for a home equity loan with First Bank and Trust of New Orleans Home Equity Loan?

Lenders often have restrictions on the type of properties they will accept as security for a home equity loan. First Bank and Trust of New Orleans Home Equity Loan will consider loans secured by the following property types:

• Primary home.
• Secondary homes and vacation properties.
• Investment properties and house flipping projects.