Business Details
50+ Years
experience
Your Trusted Mortgage Partner in New Orleans
Legacy Mortgage was founded in 1956 with a commitment to exceeding customer expectations in the mortgage industry. As part of the Eustis Family of Companies, we combine decades of expertise with a focus on low staff turnover and high customer retention. Our values of servant leadership, relentless innovation, and client-centric service drive every interaction. With a history of helping homeowners for over 60 years, we specialize in purchase, refinance, and renovation loans.Our direct lending model ensures efficiency, while personalized service treats each borrower like a neighbor. Headquartered in Shreveport, Louisiana, we serve clients statewide with a mission to simplify home financing. Our teams deep local knowledge and dedication to ethical practices have earned us a reputation as a trusted industry leader.
Services
Mortgage Purchase
Refinancing
Renovation Loans
Cash-Out Refinance
Pre-Qualification
Loan Processing
Underwriting
Closing Services
Home Equity Loans
Jumbo Loans
Details
- Year established: 1956
Highlights and features
- We offer over 60 years of mortgage industry experience since 1956.
- Our direct lending process ensures faster approvals and closings.
- Personalized service tailored to first-time buyers and seasoned homeowners.
- Comprehensive loan options including FHA, VA, USDA, and jumbo programs.
- Commitment to innovation with a client-first approach in every transaction.
What people say
Excellent communication
Helpful and patient
Smooth process
Personalized service
Highly recommend
Services
Mortgage Purchase
Legacy Mortgage streamlines home purchase financing with pre-qualification and tailored loan programs. Our experts guide buyers through every step, ensuring competitive rates and transparent terms. From application to closing, we prioritize efficiency and clarity for a stress-free experience.
Refinancing
Refinance options help homeowners lower payments, consolidate debt, or access equity. We evaluate individual financial goals to recommend fixed or adjustable-rate solutions. Our process simplifies documentation and leverages current market conditions for optimal savings.
Renovation Loans
Renovation loans finance property improvements, from minor repairs to major additions. We offer programs that combine purchase price and repair costs into a single mortgage. This eliminates the need for secondary liens while enabling buyers to customize their dream homes.
Cash-Out Refinance
Cash-out refinancing converts home equity into usable funds for debt consolidation, education, or major expenses. We provide clear guidance on eligibility and structure loans to maximize financial flexibility while maintaining favorable terms.
Pre-Qualification
Our pre-qualification service gives buyers a clear budget range before house hunting. This no-cost, no-obligation step reviews financial basics to identify suitable loan programs. It strengthens offers and accelerates the path to homeownership.
People
Stacy Hooper
Regional Manager
Stacy Hooper has led mortgage operations since the 1990s, founding Legacy Mortgage in 2016 after roles at Magnolia Home Mortgage and Citizens Bank. He specializes in personalized service across Louisiana, emphasizing transparency and community focus.
Questions
What’s the difference between pre-qualification and pre-approval?
Pre-qualification estimates affordability based on self-reported data, while pre-approval involves verified financial documentation and underwriting review for stronger buyer credibility.
How long does the mortgage process take?
Typical processing takes 30-45 days, depending on loan complexity and documentation timeliness. Pre-approval expedites later stages by completing initial underwriting before property selection.
What loan programs do you offer?
We provide FHA, VA, USDA, conventional, jumbo, and renovation loans with flexible terms for first-time buyers, veterans, and high-value property purchasers.
Can I refinance with bad credit?
Credit challenges don’t automatically disqualify borrowers. We assess overall financial profiles, including income stability and equity, to determine refinance eligibility and options.
How are interest rates determined?
Rates depend on market conditions, loan type, credit score, and down payment. Our officers lock rates for up to 180 days to protect against increases during processing.
