LA — Louisiana
Louisiana Mortgage Guide
High flood insurance costs in coastal areas significantly affect total housing costs.
2024 Conforming Limit
$766,550
Avg 30yr Fixed Rate
7.00%
VA Friendly
No
First-Time Buyer Program
LHC HiMOP Program
Louisiana offers down payment assistance (DPA) for qualifying buyers. Contact a participating lender or your state housing finance authority for current income limits and program availability.
Understanding Your Conforming Limit
The 2024 FHFA conforming loan limit for Louisiana is $766,550. Loans at or below this amount qualify as conforming loans, which typically carry lower interest rates and require less documentation than jumbo loans.
Loans above $766,550 require jumbo financing, which typically requires a 10–20% down payment and a credit score of 700+.
Popular Loan Types in Louisiana
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