Joel Jewell

Market President  |  Mortgage Lender

​Direct: 479.695.3702  Cell: 479.435.1130​​

​NMLS ID#419430

Your Local Lender

​​Joel Jewell

Delivering Low Rates, Fees and local service

No Charge for...Loan Applications, Credit Reports, PreApprovals or Rate Locks

The three questions our new clients ask the most when shopping for their mortgage are:

  1. What are your current Interest Rates?
  2. What are your Lender Fees?
  3. Do you have in-house Underwriting?

Iberiabank Mortgage is already well known for having low Interest Rates, low Lender Fees, and local Underwriting.  That fact along with exceptional service is why our current and previous clients always return to us for their mortgage needs and continue to refer us to their friends and family.

We have earned a reputation as a go-to lender because we Process, Underwrite and Fund all of our home loans locally, in the same office.  In an industry that is constantly changing it is more important now than ever to have local service so that your loan is approved and ready to close when you are. 

What are Points and Lender Credits and how do they work?

Generally, Points and Lender Credits let you make tradeoffs in how you pay for your mortgage and closing costs.

  • Points, also known as Discount Points, lower your interest rate in exchange for an upfront fee. 
  • Lender credits lower your closing costs in exchange for a higher interest rate.

Whether or not you should pay Points or agree to a higher interest rate in exchange for a Lender Credit depends in part on how long you plan to keep the loan.  Choose the most likely amount of time you can see yourself keeping the loan and we can then determine which Interest Rate/Fee structure makes the most financial sense for you and your family.

What is the difference between a mortgage Interest Rate and an APR?

The Interest Rate is the cost you will pay each year to borrow the money, expressed as a percentage rate. It does not reflect fees or any other charges you may have to pay for the loan.

An Annual Percentage Rate (APR) is a broader measure of the cost to you of borrowing money. The APR reflects not only the interest rate but also the points, lender fees, and other charges that you are required to pay to get the loan. For that reason, the APR is usually higher than the Interest Rate.

Our aggressive mortgage rates are backed by an experienced staff of mortgage professionals. You can use these simple mortgage calculators to get a general idea of your principal and interest payment or Contact Joel to get a customized estimate of your all of your mortgage options including interest rates, total monthly payment, closing costs and prepaid items.