RESERVATION PERIOD

March 26, 2020

9:00 AM to 6:00 PM (CST)

LHC Soft Second Government Up to $30,000 in down payment assistance and $5,000 in closing costs 2.875%
LHC Soft Second Conventional Up to $30,000 in down payment assistance and $5,000 in closing costs 3.500%
Market Rate GNMA 2% Grant Assistance 3.375%
Market Rate GNMA 3% Grant Assistance 5.250%
Market Rate GNMA 4% Grant Assistance N/A%
Market Rate GNMA No Assistance 2.875%
LHC Market Rate Conventional 4% Grant Assistance 4.875%
LHC Market Rate Conventional 3% Grant Assistance 4.625%
LHC Market Rate Conventional No Assistance 3.500%
Resilience Soft Second Program Conventional Up to $55,000 in down payment assistance and $5000 in Closing Cost 3.500%
Resilience Soft Second Program Government Up to $55,000 in down payment assistance and $5000 in Closing Cost 2.875%

This rate is valid ONLY for the stipulated reservation period stated above. Any reservation made outside of the stated reservation period is null and void.

How to Reserve Your Rate

Reservations must be made online at: webapps4.lhc.la.gov. Rates expire daily at 6PM (CST). Rates are subject to change based on market conditions.

Important Notes:

  • Market Rate TBA loans must be delivered to Standard Mortgage as Master Servicer NO LATER than 45 days from the rate lock date.
  • Market Rate TBA loans must be purchased by Standard Mortgage as Master Servicer NO LATER than 70 days from the rate lock date.
  • On the Market Rate GNMA program USDA/RD rates are subject to the USDA Daily Maximum rate limit and therefore may not be available to lock on a given day. Please verify availability before quoting or attempting to lock the rate.

Program Details Reserve Your Rate

Need Assistance? Contact Us

For questions about the Reservation Process/Technical Help please contact:

For questions about the Homebuyer Counseling please contact:

For more information about the program, please contact:

  • Sonja Andrews-SmithHUD Certified Housing Counselor
    (225) 763-8654 or ssmith@lhc.la.gov

Would you like to schedule a training, become an LHC approved lender or receive marketing materials? Send your request to homeownership@lhc.la.gov.