Mortgage Solutions

Pairing you with an experienced private banker, we’ll guide you through the process of purchasing a new home, refinancing your existing home or buying a vacation property.

Talk to a Private Banker

Private Banking Mortgage:

Our Private Banking Mortgage program was created to offer you an unprecedented level of expertise and personal service. You’ll work with an experienced banker, who will guide you step by step through the purchase of a new home, the construction of your dream home, refinancing of an existing home, or the purchase of vacation property.

Benefits of a Private Banking Mortgage:

  • Attractive home financing terms
  • Financing available for primary and secondary residences, including condominiums
  • No Private Mortgage Insurance (PMI)
  • Adjustable rate loans and long-term fixed rate loans1
  • Competitive pricing
  • Purchase money and re-financing available
  • One-time closing on construction to permanent loans
  • Lot loans also available
  • Access to comprehensive financial resources that can help you ensure that your home financing is integrated with your financial goals

Private Banking Home Equity Line of Credit

If you would prefer not to disturb existing capital assets, you may want to consider our Private Banking Home Equity Line of Credit as an effective lending alternative. It’s a powerful tool for handling various investment opportunities, educational expenses or home improvements. It’s ready when you are, with streamlined access to the cash you need at preferred Private Banking rates.2

Ongoing Accessibility

  • Access available funds now and in the future, without reapplying.

Flexibility

  • Adapt to changing interest rates without refinancing; lock down a portion of your balance to act like an installment loan with a fixed rate. See a banker for details.3

Potential Tax Benefits

Unlike personal loans or credit cards, the interest on your Private Banking Home Equity Line may be fully tax deductible. Consult your tax advisor for details.

Benefits of a Private Banking Home Equity Line of Credit:

  • Little to no closing costs4
  • The APR is based on Wall Street Journal Prime—plus 0% margin5
  • Flexible terms and payment options available, including interest-only6
  • No floor rate
  • Convenient access to funds in person, online or by check7
  • Link to your personal checking account for overdraft protection7

Why Hancock Whitney?

With our 5-star service, our private bankers will help you feel right at home.

Talk to a Private Banker

1Adjustable rate loans generally feature lower rates and payments early on in the loan term, with rising rates and payments over the life of the loan.

2Private Banking lending services are offered exclusively to clients who meet the Private Banking relationship criteria. Please see your banker for details and eligibility requirements. All loans and accounts subject to credit approval.

3A takedown fee of $50 will be charged each time you convert a portion of your line to a fixed monthly payment. Terms and conditions also apply.

4The bank will pay most closing costs on lines of $250,000 or less and up to $750 in closing costs for lines over $250,000. Closing costs typically range between $261 and $2,150. Costs waived by the Bank exclude: AL-Mortgage Recording Tax; FL-Document Stamp and Intangible Personal Property taxes; LA-Orleans Parish Documentation Fee. Home Equity Line of Credit customers have the option to pay your entire closing costs and receive a 0.50% rate reduction. The rate reduction will be a discount to your margin and will not affect the index or any introductory or initial discounted rates. In Alabama and Florida, if you voluntarily cancel your line of credit within 12 months of opening, you will reimburse to us the nonaffiliated third-party closing costs that we have paid up to 2% of your credit limit. No obligation to repay closing costs will apply if the source of the repayment funds is a refinancing by us or an affiliate of ours or if the repayment occurs more than one year from the date the line of credit is made. In Mississippi and Louisiana, if you voluntarily cancel your line of credit within 12 months of opening, you will reimburse to us the nonaffiliated third-party closing costs that we have paid up to the lesser of (i) 2% of your credit limit or (ii) 5% of the unpaid principal balance of your line of credit at the time you cancel and fully repay the line. No obligation to repay closing costs will apply if the source of the repayment funds is a refinancing by us or an affiliate of ours or if the repayment occurs more than one year from the date the line of credit is made.

5Private Banking Home Equity Line annual percentage rate (APR) is based on Wall Street Journal Prime Rate (the “Index”) plus a margin of 0%. As of 5/10/18 the APR is 4.75% based on the current index value. The APR will vary but will not exceed 21% in Alabama, Mississippi and Louisiana, or 18% in Florida and Texas.

6Interest-only option means no part of the payment would be going to principal, which may result in higher payments during your repayment period.

7Overdraft option and check access not available in Texas.