In keeping with its mission to ensure that every Louisiana resident is granted an opportunity to obtain safe, affordable, energy-efficient housing, the LHC offers several programs to assist homebuyers with a down payment on their new home
Find the program that’s right for your prospective homebuyer below.
Market Rate GNMA Program - This program offers 30-year, fixed-rate FHA, VA or USDA Rural Development mortgages at favorable interest rates. Amount of assistance ranges between 2-3%.
Market Rate Conventional Program - This program offers a conventional mortgage that allows for a higher loan value than FHA. Amount of assistance ranges between 3-4% and this program can help reduce PMI.
MRB Home and Assisted Programs - These programs are designed to help prospective homebuyers meet down payment and closing costs on their new home. Amount of assistance for the MRB Assisted Program is 4%. Assistance for the MRB Home program ranges between 5-9% depending on loan amount.
Find information on these programs for homebuyers here. Learn More
Use this helpful mortgage calculator to determine your monthly payment amount and help budget for your new home. Learn More
Find information on these programs for Realtors here. Learn More
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