LHC Preferred Conventional Program

The LHC is very excited to offer this conventional product increasing the opportunity for Louisiana citizens to purchase a home. This program allows a higher loan to value compared to FHA; higher income limits; and no up-front mortgage insurance premium.


Approved Lenders


Program Details

  • Competitive 30-year fixed rate
  • Available for purchase of Single Family housing (1-2 unit principal residence)
  • Maximum loan amount of $417,000
  • Property must be located in Louisiana
  • Maximum income limit of $99,000
  • Minimum credit score of 640
  • 97% LTV  1–unit and 95% LTV 2–unit property
  • Homebuyer education required for first-time homebuyers  

Program Benefits

  • Up to 4% assistance for down payment, closing costs and/or prepaid items
  • No origination or discount fees
  • First-time homebuyer requirement does not apply
  • Reduced mortgage insurance
  • No additional bond documents or compliance package