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.
Need Assistance? Contact Us
For questions about the Reservation Process/Technical Help please contact:
Cody Henderson, Housing Compliance Specialist (225) 763-8650 or [email protected]
For questions about the Homebuyer Counseling please contact:
Crystal Casher-Ward, Business Development Officer
(225) 763-8715 or [email protected]
Terry Hale, Business Development Officer
(225) 975-2913 or [email protected]
For more information about the program, please contact:
