The following services are provided at no additional costs :
- In house underwriting with 20% down, Avenue will approve the loan and
issue closing package to the Title company.
- Automated underwriting, 24 hour credit approval.
- Collect borrower information and fill out the loan application.
- Analyze borrower's income and debt and pre-qualify to determine the
maximum mortgage available.
- Educate the borrower in the home buying and financing process.
- Initial Credit Review and credit counseling as needed.
- Advise borrower regarding different types of loan products available.
- Daily Rate Updates.
- Initiate ordering appraisal and title work.
- Determine if property is located in a flood zone.
- Maintain regular contact with the borrower, realtor and title company.
- Timely closing as required by the purchase contract.
- Rate locks available up to 45 days.
All Conventional Loans:
All property types: Single family, CONDO, 2-4 units.
Mixed use Residential Commercial Loans
Avenue Mortgage || 1451 N. Rampart Street, New Orleans, LA 70116 || 504-525-4663
Financing & Loan Programs
What's Ahead / Testimonials