RESERVATION PERIOD
March 26, 2020
9:00 AM to 6:00 PM (CST)
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| 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.
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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.
 
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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-Smith, HUD 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.
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