Your Certified Renovation Loan Expert in Louisiana, Mississippi, Alabama, Texas, Florida and Illinois.
Paul Karas has been immersed in the business of real estate since he was a child, growing up in Chicago with parents who established a successful home loan company. "I learned what title insurance was before I learned Algebra," he says. After graduating in Finance and Information Systems from Loyola University Chicago, Paul relocated to New Orleans, Louisiana and joined Guaranteed Rate as a loan officer in 2016.
For Paul, joining GR was a natural choice made with no hesitations. "Their status as leaders in online loans, quick loan approval times, and competitive mortgage rates drew me to Guaranteed Rate initially. After learning about their POD processing team and how quickly and efficiently they work to approve loan applications and lender conditions, I knew I found the right mortgage company for me".
Whether you would like to refinance your home, or you are interested in first time home buyer programs, Paul Karas is a top mortgage lender with years of experience and best insight for guiding you through the loan process.
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- New Orleans
- Metairie
- Baton Rogue
- Mandeville
- Covington
- Madisonville
- Slidell
- Harahan
- Lafayette
- Shreveport
- Uptown
- Garden District
- Midcity
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- Gulf Coast
- The Delta
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- Mississippi
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- Renovation Loans
- First Time Homebuyers
- Condo Financing
- Jumbo
- Refinance
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- 203K
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- Vacation Homes
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Today's rates
| Loan type | Rate | APR | Discount points ($) | Mo. payment |
|---|
This is NOT a mortgage loan approval or commitment to lend. The actual fees, costs, and monthly payment on your specific loan transaction may vary, and may include city, county, or other additional fees and costs. Mortgage rates are offered exclusively through Guaranteed Rate, Inc. and are subject to change without notice. The payment amount does not include homeowners' insurance, flood insurance (if applicable), or property taxes that must be paid in addition to your loan payment. The displayed Annual Percentage Rate (APR) is a measure of the cost to borrow money expressed as a yearly percentage. For mortgage loans, excluding home equity lines of credit, it includes the interest rate plus other charges or fees (such as mortgage insurance, discount points, and origination charges).
Product Assumptions:
Conforming: Sample monthly payments for conforming loan products are based on a purchase price of $437,500, and a down payment of 20.00%. Advertised rates and APRs are subject to change without notice. Above scenarios assume a first lien position, 750 FICO score, 30 day rate lock on a primary residence.
Jumbo: Sample monthly payments for jumbo loan products based on a purchase price of $1,200,000, and a down payment of 25.00%. Advertised rates and APRs are subject to change without notice. Above scenario assumes a first lien position, 760 FICO score, 25 day rate lock on a primary residence.
FHA: Sample monthly payments are based on a purchase price of $310,880, and a down payment of 3.50%. Advertised rates and APRs are subject to change without notice. Above scenario assumes a first lien position, 680 FICO score, 30 day rate lock on a primary residence.
VA: Sample monthly payments are based on a purchase price of $400,000, and a down payment of 0.00%. Advertised rates and APRs are subject to change without notice. Sample does not include VA funding fee (max VA funding fee of 3.3%). Above scenario assumes a first lien position, 680 FICO score, 30 day rate lock on a primary residence. Must be an eligible veteran. Subject to underwriting guidelines and applicant's credit profile.
These mortgage rates are based upon a variety of assumptions and conditions, which include a consumer credit score that may be higher or lower than your individual credit score. Your loan's interest rate will depend upon the specific characteristics of your loan transaction and your credit history up to the time of closing.
One discount points equals one percent of your loan amount.
Guaranteed Rate, Inc. has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture, or any other government agency.