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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 a conventional mortgage through its Market Rate Conventional Program.
The program is not limited to first-time homebuyers. It is available to potential homebuyers with a maximum allowed 80% AMI (Area Median Income) by Parish and Household size.
Read on to find out if this program is right for your prospective homebuyer.
Find out more about the Market Rate Conventional program with our FAQ document. Learn More
See Exhibit Fb for income limits for this program. View Document
See a lender training presentation. View Document
See the Standard Mortgage Corporation Training Guide here. View Document
Use this helpful mortgage calculator to determine your monthly payment amount and help budget for your new home. Learn More
Find information on this program for homebuyers here. Learn More
Find approved lenders in your area here. Learn More
Find the documents you'll need to help your client apply for this program. Learn More
See the Fannie Mae HFA Preferred Training Guide here. View Document
Find additional resources from these single family partners:
Find information on this program for Realtors here. Learn More