Down Payment Assistance Programs

LHC’s Commitment

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%.

Preferred 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.

Down Payment Assistance Programs

LHC’s Commitment

Market Rate GNMA Program

Preferred Conventional Program

MRB Home and Assisted Programs

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