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Review Keywords Analysis

  1. United States
  2. Best Mortgage Brokers
  3. Mortgage Brokers in Louisiana
  4. New Orleans
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
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Mortgage Affordability Calculator New Orleans, LA

How much house can you afford in New Orleans? See your maximum price, monthly payment and pre-approval estimate. Free, instant, no credit check.

Updated · current rates and lending limits

Add your partner's income if you're buying together.

Car loans, credit cards, lines of credit, student loans. Not rent.

Property tax are for this state.

An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.

Top-rated mortgage brokers in New Orleans

Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →

1

Eustis Mortgage

About Eustis MortgageEustis Mortgage has been dedicated to making home financing accessible and stress-free for individuals and families. With a strong focus on personalized service, they aim to handle all the intricate details of the home buying process, allowing clients to relax and enjoy their journey. Their mission is to provide tailored home financing solutions that meet the unique needs of… more...

About Eustis MortgageEustis Mortgage has been dedicated to making home financing accessible and stress-free for individuals and families. With a strong focus on personalized service, they aim to handle all the intricate details of the home buying process, allowing clients to relax and enjoy their journey. Their mission is to provide tailored home financing solutions that meet the unique needs of each customer. The company prides itself on its integrity, care, and expertise, ensuring a smooth and transparent experience from start to finish. They foster a culture of continuous learning and improvement to stay at the forefront of the mortgage industry.Why Choose EustisEustis Mortgage stands out due to its commitment to customer satisfaction and its extensive experience in the industry. They have consistently received high ratings and positive reviews from satisfied homeowners, highlighting their reliability and dedication. The company emphasizes building strong relationships with clients, treating them with respect and ensuring their concerns are addressed promptly and thoroughly. Their team of professionals is known for their clear communication, guidance through every step of the process, and a personal investment in each client's success. This focus on individual attention and support sets them apart from competitors.Eustis Mortgage OffersEustis Mortgage offers a comprehensive range of home financing services designed to cater to diverse needs. They provide assistance for first-time homebuyers, helping them navigate the complexities of the market with ease. Their services include mortgage calculators, guidance on loan options, and support in finding trusted loan advisors. They also offer specialized programs like reverse mortgages and assist with the post-closing steps for homeowners. The company's loan officers are equipped with the knowledge and tools to create effective loan strategies tailored to individual financial goals, ensuring a smooth and successful home buying or refinancing experience.Unique AdvantagesEustis Mortgage boasts over 70 years of experience in the mortgage industry, providing a deep well of expertise and stability. They are recognized for their outstanding customer service, with numerous testimonials praising their loan officers for their integrity, care, and responsiveness. The company is committed to community service, demonstrating a broader dedication beyond financial transactions. Furthermore, Eustis Mortgage operates as an equal opportunity employer, fostering a diverse and inclusive environment.

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(504) 586-0075
Open 9:00 AM - 5:00 PM
1477 Louisiana Ave Ste 101, New Orleans, LA 70115
2

Standard Mortgage Corporation

Standard Mortgage Corporation offers personalized mortgage guidance that helps ease the stress of buying a home. The team provides clear instructions and responsive support throughout the loan process, with many customers appreciating their knowledgeable and patient approach. Some find the process challenging, but the staff’s personal touch helps make it manageable.

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(504) 569-3782
Open 8:30 AM - 5:00 PM
Plaza, 701 Poydras St Ste. 300, New Orleans, LA 70130
3

Alex Shafirovich - InterLinc Mortgage

InterLinc Mortgage specializes in offering a broad range of loan options tailored to diverse home financing needs. The team provides clear communication and helpful resources, guiding clients through purchasing, refinancing, and renovation loans. Customers appreciate their responsiveness and the smooth, supportive process from start to finish.

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(504) 292-3443
Open 9:00 AM - 5:00 PM
650 Poydras St #2304, New Orleans, LA 70130
4

Weeks Team - CrossCountry Mortgage

The Weeks Team at CrossCountry Mortgage focuses on guiding clients smoothly through the home-buying process with clear communication and responsive support. They offer mortgage lending services aimed at helping families achieve homeownership, and customers appreciate their helpfulness and steady assistance throughout each transaction. Some find the process takes time, but the team stays attentive… more...

The Weeks Team at CrossCountry Mortgage focuses on guiding clients smoothly through the home-buying process with clear communication and responsive support. They offer mortgage lending services aimed at helping families achieve homeownership, and customers appreciate their helpfulness and steady assistance throughout each transaction. Some find the process takes time, but the team stays attentive to questions along the way.

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(985) 273-5747
Open 9:00 AM - 5:00 PM
7820 Maple St, New Orleans, LA 70118
5

Brett Pellissier, Mortgage Loan Originator - Hancock Whitney Bank

Hancock Whitney Bank brings over a century of experience serving the Gulf South with a neighborly approach to mortgage lending. The team offers specialized mortgage solutions, including first-time homebuyer programs and construction loans, with clear communication and timely guidance throughout the process. Customers appreciate their straightforward explanations and consistent support from… more...

Hancock Whitney Bank brings over a century of experience serving the Gulf South with a neighborly approach to mortgage lending. The team offers specialized mortgage solutions, including first-time homebuyer programs and construction loans, with clear communication and timely guidance throughout the process. Customers appreciate their straightforward explanations and consistent support from application to closing.

Services & Prices
Conventional Loan Quoted per loan
FHA Loan Quoted per loan
VA Loan Quoted per loan
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(985) 249-9126
Open 9:00 AM - 4:00 PM
875 Harrison Ave, New Orleans, LA 70124
General Services
Mortgage Services
Where they are 10 on the map Click a pin for the profile and directions
6

Reliant Mortgage

Reliant Mortgage is known for supporting first-time homebuyers with personalized guidance throughout the mortgage process. The team assists with credit improvement and navigating complex files to help clients reach closing smoothly. Customers appreciate their encouragement and hands-on approach, though the process can sometimes feel challenging.

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(504) 930-4909
Open 8:00 AM - 6:00 PM
4114 Toulouse St, New Orleans, LA 70119
7

Jennifer Cook at My Community Mortgage

My Community Mortgage offers a straightforward mortgage application process with options in both English and Spanish, including quick and complete forms to fit different needs. The team provides clear guidance throughout home financing, with clients appreciating their thoroughness and responsiveness, especially for first-time buyers navigating the details.

Services & Prices
Home Purchase Loans Quoted per loan
HELOC (Home Equity Line of Credit) Quoted per loan
Pre-Approval for Mortgage Quoted per loan
View Profile
(504) 517-5363
Open 9:00 AM - 5:00 PM
1138 N Dupre St, New Orleans, LA 70119
General Services
Home Financing
8

Reliant Mortgage - Highnote Mortgage Group

Reliant Mortgage - Highnote Mortgage Group is known for its transparent, personalized approach that guides clients smoothly from pre-approval to closing. They offer a wide range of loan options, including FHA, VA, jumbo, and renovation loans, with clear communication emphasized throughout. Customers appreciate the team’s responsiveness and ability to simplify what can be a stressful process.

Services & Prices
Pre-Approval Services Quoted per loan
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(504) 930-4909
Open 9:00 AM - 5:00 PM
201 St Charles Ave #2500, New Orleans, LA 70170
General Services
Mortgage Services
9

Jonathan Fry

Known for a client-focused approach, this mortgage broker guides homebuyers through every step of securing loans, including first-time purchases and refinancing. The team offers a variety of mortgage options and stays responsive throughout the process, though some clients note the pace can feel intense near closing.

Services & Prices
Home Mortgage Loan Approval Quoted per loan
Refinancing Assistance Quoted per loan
Credit Score Review $30 - $50
Credit Report Analysis $40 - $70
View Profile
(985) 664-7230
Open 00:00 - 23:59
1340 Poydras St Ste 1460, New Orleans, LA 70113
General Services
Mortgage Services
10

Simple Lending by Mortgage Dynamics

With over 60 years of combined experience, Simple Lending by Mortgage Dynamics specializes in a broad range of loan products, including VA, FHA, Jumbo, and Fix and Flip loans. Their team focuses on simplifying the lending process and often helps clients who don’t fit traditional bank criteria. Customers appreciate their knowledgeable guidance, though a few note occasional delays.

Services & Prices
Home Loan Origination Quoted per loan
Loan Refinancing Quoted per loan
VA Loan Services Quoted per loan
View Profile
(504) 648-6756
Open 9:00 AM - 5:30 PM
1615 Poydras St Ste 940, New Orleans, LA 70112
General Services
Mortgage Services

New Orleans Mortgage Statistics

Home-purchase lending in Orleans Parish and home costs in New Orleans, LA (latest HMDA and Census data)

Lenders made 2,589 home-purchase loans in Orleans Parish in 2025 (average about $374,000) and denied 459 — 15% of decided applications, compared with 26% across Louisiana, according to federal mortgage data (HMDA, CFPB). In New Orleans, the median home is worth $315,700 and 56% of owners have a mortgage, paying a median $2,211 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
2,589▼ 1%2,614 in 2024
Denial rate
15%LA 26%
Median home value
$315,700LA $216,500
Monthly cost with a mortgage
$2,211median · LA $1,604
Refinance loans made (Orleans Parish, 2025)
1,421 · 1,061 in 2024
Home-improvement loans made (2025)
330
Average home-purchase loan
$374,000 (LA $256,000)
Owners with a mortgage
56% · 41% of them spend 30%+ of income on housing
Median household income
$56,631 (LA $60,756)

Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Orleans Parish (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.

New Orleans Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 Eustis Mortgage 4.9 635 — (504) 586-0075 Visit
2 Standard Mortgage Corporation 4.4 172 — (504) 569-3782 Visit
3 Alex Shafirovich - InterLinc Mortgage 5.0 135 — (504) 292-3443 Visit
4 Weeks Team - CrossCountry Mortgage 5.0 123 — (985) 273-5747 Visit
5 Brett Pellissier, Mortgage Loan Originator - Hancock Whitney Bank 5.0 68 Quoted per loan (985) 249-9126 Visit
6 Reliant Mortgage 4.8 53 — (504) 930-4909 Visit
7 Jennifer Cook at My Community Mortgage 4.8 53 Quoted per loan (504) 517-5363 Visit
8 Reliant Mortgage - Highnote Mortgage Group 4.9 45 Quoted per loan (504) 930-4909 Visit
9 Jonathan Fry 5.0 12 $30 (985) 664-7230 Visit
10 Simple Lending by Mortgage Dynamics 4.6 9 Quoted per loan (504) 648-6756 Visit

How this New Orleans mortgage affordability calculator works

Lenders look at your debt-to-income ratio. Housing costs (principal and interest, property tax, homeowners insurance and mortgage insurance) should stay under about 31% of your gross monthly income, and housing plus your other monthly debts under 43%. The calculator finds the highest home price that passes both tests with your down payment, on a 30-year fixed loan.

Louisiana rules and numbers this calculator uses

Debt-to-income
31% for housing and 43% total, the FHA standard and the long-time Qualified Mortgage limit. Some conventional loans go higher with strong credit and savings.
Down payment
At least 3% on a conventional first-time buyer loan (3.5% on FHA). Under 20% down, private mortgage insurance of about 0.6% of the loan a year is added to the payment.
Property tax
About 0.56% of the home's value a year, the Louisiana average for owner-occupied homes (2024 Census ACS).
Insurance
Homeowners insurance assumed at $150 a month; it varies a lot by home and location.
Rate
Starts at 7.40% (Freddie Mac 30-year average, October 2026). Change it to the rate you have been quoted.

An estimate, not a mortgage approval or pre-approval. Your credit, income type, the property and the lender all change the answer; a mortgage broker confirms your real number. Sources: Freddie Mac Primary Mortgage Market Survey (October 2026), U.S. Census Bureau American Community Survey 2024 property tax data, FHA and CFPB debt-to-income guidance.

Frequently asked questions

10 questions
How does the mortgage affordability calculator work?
It estimates the highest home price you can afford based on income, debts, down payment, interest rate, and buyer status. It includes monthly payments, PMI, and property tax.
How accurate is the mortgage affordability estimate?
The estimate is a guideline. A lender pre-approval confirms it by verifying income, debts, credit, and down payment.
What is the debt-to-income ratio for mortgages?
Lenders often cap housing costs at 31% of gross monthly income and total debt payments at 43%. Some loans allow more with strong credit.
What is the minimum down payment for a home in Louisiana?
First-time buyers can put down 3% on conventional loans or 3.5% on FHA loans. VA and USDA loans may allow 0% down for eligible buyers.
How does PMI affect my mortgage in New Orleans?
With less than 20% down, PMI is about 0.6% of the loan annually. It can often be removed when the loan balance is under 80% of the home's value.
How do interest rates impact mortgage affordability?
Higher interest rates increase monthly payments, reducing the home price you can afford. Rates change weekly, affecting affordability.
How do debts affect how much I can borrow for a mortgage?
Higher monthly debts reduce the mortgage amount you qualify for, as lenders consider total debt payments in the affordability calculation.
What are property taxes like in Louisiana?
Property tax is about 0.56% of the home's value annually for owner-occupied homes in Louisiana.
What's the difference between pre-approval and pre-qualification?
Pre-approval involves verifying income, debts, and credit, providing a more accurate borrowing limit. Pre-qualification is a preliminary estimate.
What does a mortgage broker do?
A mortgage broker helps find loan options by connecting borrowers with lenders, streamlining the mortgage process.

General information, not financial advice — consult a qualified professional.