About Paul Karas
With nearly 25 years of experience in the mortgage industry, Paul Karas is a trusted partner for discerning clients and real estate professionals seeking tailored solutions in the New Orleans region. As part of OriginPoint Mortgage, a joint venture with Compass Realty, Paul operates within a cutting-edge platform designed to maximize efficiency and create a seamless partnership between lenders and real estate agents. Paul leverages innovative abilities, including video presentations, to reduce the need for unnecessary meetings while delivering clarity and confidence to clients. By spotlighting the problem, highlighting the solutions, and—most importantly—showing the impact of each strategy, Paul ensures that every stakeholder understands the value of his approach. Whether it's explaining seller buy-down strategies to buyers or demonstrating to sellers why an offer was structured a certain way, Paul anticipates and addresses questions before they arise, instilling trust and showcasing the effectiveness of out-of-the-box thinking. For real estate professionals, Paul's strategies lead to more signed listing agreements, more money on the seller's net sheet, and affordable payments for buyers. By widening the buyer pool and avoiding lowball offers, Paul helps agents deliver exceptional results for their clients while maintaining the highest standards of service and professionalism. Whether you're a homebuyer, seller, or luxury real estate agent, Paul's expertise, innovative approach, and commitment to excellence make him an invaluable partner in navigating the mortgage process with confidence and success. When we provide you with a PreApproval letter, it includes a comprehensive loan summary, offering transparency about your interest rate, monthly payment, and cash required to close. Additionally, I personally conduct a 20-minute conversation to identify and address any potential obstacles in our approach. In the current post-pandemic rate environment, affordability is the primary challenge we face. Allow me to educate you and your family on the latest strategies for being approved for an affordable mortgage payment. Interested in exploring mortgage products beyond the traditional 30-year fixed rate? I can introduce you to innovative options and guide you on their optimal use. My family and I are proud residents of Uptown New Orleans. In my free time, I enjoy shooting pool, tinkering with guitars, and witnessing the pure wonder of my toddler exploring the beauty of New Orleans. *Credit score and down payment requirements higher for 2-4 unit, investment properties and renovation products.* *Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply.*
*This is a loan product referral and not offered by OriginPoint.
We can make it happen!
Down payment assistance
Overcoming the obstacle of a down payment is possible with grants and programs available from federal and local governments for homeownership.
Low down payment loans
As the initial home investment, we offer VA loans, FHA loans, and USDA loans which have 0-10% down payment requirements.
Veteran loans
Military service members and their families are in the unique position to build equity through real estate at a lower cost than typical homebuyers.
Bank Statement loans
Self-employed? Our Bank Statement Loan program allows self-employed borrowers to seek a home loan without tax returns, W2s or pay stubs.
Jumbo loans
You may consider this type if you plan to purchase a larger property or luxury home in high-end real estate markets.
Lock in your rate
Lock ‘N’ Roll: Lock in a mortgage rate for 60, 75, or 90 days without a signed contract. Secure a lower rate while house shopping with this program.
Accelerated timelines
Our Same-Day program facilitates you to get your loan approved in one day with options as little as 3% down.
Physician loans
Physician homes loan, can be an affordable option for medical professionals. Our program includes paid mortgage insurance and as little as 5% down.
Foreign National loans
Not a US Citizen? Foreign National loans are available without a social security number, green card, or visa and do not require a FICO score.
Mortgage Calculator
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*This is not a commitment to lend. Consumers are advised to obtain a Loan Estimate. Rates are subject to change and are dependent on credit and underwriting criteria.
Your actual rate, payment and costs could be higher. OriginPoint LLC cannot predict where rates will be in the future. Sample rate provided for illustration purposes only and is not intended to provide mortgage or other financial advice specific to the circumstances of any individual and should not be relied upon in that regard. Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply, contact OriginPoint LLC for current rates and for more information. All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment,or legal advice or instruction. OriginPoint LLC does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error free. Some information in the publication may have been provided by third parties and has not necessarily been verified by OriginPoint LLC. OriginPoint LLC its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action. Sample rate provided for illustration purposes only and is not intended to provide mortgage or other financial advice specific to the circumstances of any individual and should not be relied upon in that regard.
Located at 201 St. Charles Avenue, Suite 2500 Office 2533 New Orleans LA, 70170
