Business Details
50+ Years
experience
Your Trusted Mortgage Partner in New Orleans
Legacy Mortgage was founded on a simple yet powerful principle: to exceed customer expectations in the mortgage industry. With a heritage dating back to 1956, we have built a reputation for delivering personalized service, innovative solutions, and unwavering commitment to our clients' success. Our team of seasoned professionals brings decades of combined experience in mortgage banking, ensuring that every client receives tailored guidance through the complexities of home financing.As a direct lender, we streamline the process from application to closing, maintaining control over every step to provide a seamless experience. Our core values of servant leadership, relentless innovation, and client-centric focus drive our operations, fostering long-term relationships with repeat customers. We pride ourselves on transparency, ethical practices, and a dedication to turning the dream of homeownership into reality for families across Louisiana and beyond.
Services
Mortgage Loans
Refinancing
Renovation Loans
VA Loans
FHA Loans
USDA Loans
Jumbo Loans
Fixed-Rate Mortgages
Adjustable-Rate Mortgages
Pre-Qualification Services
Details
- Year established: 1956
Highlights and features
- We offer over 60 years of experience in the mortgage industry with a proven track record.
- Our team provides personalized service tailored to each client's unique financial situation.
- We utilize cutting-edge technology to streamline the mortgage process for faster approvals.
- Our local expertise in Louisiana's housing market ensures informed guidance for clients.
- We maintain full transparency with no hidden fees or unexpected costs.
What people say
Great work
Simple and easy
Courteous team
Pleasant people
Helpful guidance
Services
Mortgage Loans
Legacy Mortgage provides comprehensive mortgage loan solutions for home purchases, tailored to individual financial profiles. Our experienced team guides clients through competitive rate options, flexible terms, and customized down payment strategies. With access to conventional, government-backed, and specialty loan programs, we ensure clients find the perfect financing solution for their homeownership goals.
Refinancing
Our refinancing services help homeowners reduce monthly payments, access equity, or adjust loan terms through competitive rate assessments. We specialize in cash-out refinances, rate-and-term adjustments, and debt consolidation solutions. By analyzing current market conditions and client financial situations, we deliver refinancing options that maximize long-term savings and financial flexibility.
Renovation Loans
Legacy Mortgage offers renovation loans that combine home purchase or refinance with funding for property upgrades. These programs support both minor cosmetic updates and major structural renovations, allowing homeowners to finance repairs, expansions, or energy-efficient improvements. Our specialists help clients navigate loan requirements and project timelines to transform properties into dream homes.
VA Loans
We provide specialized VA loan programs for eligible military personnel, veterans, and surviving spouses. These zero-down-payment mortgages feature competitive rates and no private mortgage insurance requirements. Our team assists clients through the Certificate of Eligibility process and ensures compliance with VA-specific appraisal standards for a smooth transaction.
FHA Loans
Our FHA loan options cater to first-time homebuyers and those with limited down payment capacity. These government-backed mortgages require as little as 3.5% down payment and offer flexible credit guidelines. We guide clients through the FHA approval process, including property condition requirements and mortgage insurance structure, to make homeownership accessible and affordable.
People
Stacy Hooper
Regional Manager
Stacy Hooper has led mortgage banking initiatives since the 1990s, specializing in personalized service for homebuyers. As Legacy Mortgage's Regional Manager, he oversees loan operations while maintaining direct client relationships. Stacy's career includes building a nationwide mortgage division for Citizens Bank and Trust before founding Legacy Mortgage Services in 2016. He graduated from La Tech and serves Louisiana residents from Shreveport/Bossier City.
Questions
What documents are needed for mortgage pre-approval?
We require recent pay stubs, W-2 forms, bank statements, and tax returns to assess your financial profile.
Can I refinance with bad credit?
Yes, we evaluate refinancing options based on current equity, income stability, and credit improvement potential.
What's the difference between FHA and VA loans?
FHA loans require 3.5% down with flexible credit standards, while VA loans offer zero-down options for eligible military members without mortgage insurance.
How long does the mortgage process take?
Typical loan approvals take 30-45 days, with pre-qualification completed within 24 hours of submitting documentation.
Do you offer adjustable-rate mortgages?
Yes, we provide 5/1 and 7/1 adjustable-rate options with rate caps for clients planning shorter ownership periods.
Can I use a renovation loan for investment properties?
Our renovation programs primarily support primary residences, though select options exist for qualified investors.
