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Omni Bank




A Mortgage is a document that contains the details of an agreement between two parties. One of which is a borrower and the other party is a lender. The Agreement will include information like, Loan amount, Time period of the loan, Interest and the collateral on the loan which is normally the property being bought. A mortgage broker is generally a person or company whose expertise lies in the field of mortgage laws, properties available for sale, and loan procedures. They provide these services to clients for a fee which is usually a percentage of the loan or property amount.

Omni Bank has purchased LendSouth Mortgage, LLC to expand its mortgage lending services and enter the correspondent mortgage business, adding jobs to the New Orleans and Baton Rouge metropolitan areas. This purchase furthers Omni’s preparation for the resurgence of mortgage lending in Southeast Louisiana, says Fred Lay, executive president and chief administrative officer of Omni Bank. They expect to increase their mortgage business by offering loans at the best possible interest rate through their banking offices and providing expanded loan products to other banks through mortgage correspondent relationships.

This growth will create  a dozen of jobs in mortgage operations in Baton Rouge and the New Orleans area. OMNI BANK offers low rates and quick approvals. As a valued OMNI BANK customer, you will enjoy the convenience of 24-hour account access and the personal attention of dedicated, easy-to-work with lenders. Come discover why they say the difference is service. With loan programs such as Fixed rates for 30, 20, 15 and 10 year loans, Adjustable rate mortgages: 3/1, 5/1, 7/1, 10/1, 100 percent financing purchase, Stated income, Jumbo loans, Interest-only loan, FHA financing available, One-time construction-permanent loans, Non-warrantable condo with $200 fee, and Reverse mortgages must be at least 62 years old, no credit or income qualifications required.

Their mission at Omni Bank, a progressive independent community bank, is to provide quality service and products to the consumers and small businesses within the market they serve. They strive to create superior shareholder value by attracting and retaining exceptional personnel who are highly motivated and well trained. Simply stated, their goal is to enhance quality of earnings, performance and service.

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