River Pilot Home Loans at NOLA Lending Group
Financing for Mississippi River Pilots
The River Pilot Portfolio Home Loan Program provides financing to new Mississippi River pilots seeking to purchase a primary residence, who are affiliated with one of the following four pilot associations:
- Associated Branch Pilots
- Crescent River Port Pilots Association
- New Orleans-Baton Rouge Steamship Pilots Association
- Associated Federal Pilots and Docking Masters of Louisiana
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Key Features of the River Pilot Loan Program
- Property Eligibility: This loan is available for 1-4 unit properties (excluding manufactured housing).
- Location: The property must be located within the New Orleans MSA, Hammond MSA, Baton Rouge MSA, or within 100 miles of a NOLA LPO. If the property is outside the bank's principal trade area, it must be located in the same state as a NOLA LPO.
- Flexible Loan Terms: We offer customizable loan terms to fit your needs.
- No Private Mortgage Insurance (PMI): Unlike many other loan programs, the River Pilot Loan Program does not require private mortgage insurance (PMI).
This unique loan program makes it easier for new Mississippi River pilots to buy a home while enjoying the flexibility and support of NOLA Lending Group.
Why Choose NOLA Lending Group for Your River Pilot Home Loan?
- Local Expertise: As a trusted lender in the New Orleans area, we understand the unique needs of Mississippi River pilots and offer tailored loan solutions.
- Streamlined Process: Our River Pilot Loan Program is designed to make purchasing a home easier and more efficient.
- Competitive Rates: We offer competitive interest rates to ensure you get the best deal.
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Contact Senior Loan Officer Courtlin Donner-Noggerath
For more information or to start the application process, please reach out to Courtlin Donner-Noggerath, Senior Loan Officer at NOLA Lending Group. Courtlin specializes in helping Mississippi River pilots secure the financing they need to purchase their primary residence.
LENDING IN ALL STATES EXCEPT: KANSAS, MARYLAND, NEW JERSEY, AND NEW YORK
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.