LHC Preferred Conventional Program
Funding status: Active
How much assistance
Up to 4% of total purchase price (Grant)
No repayment required. Assistance is provided as a grant.
Eligibility
- Income limits: Maximum household income of $99,000.
- First-time buyer required: Yes — Must not have owned a home in the past 3 years.
- Credit score minimum: 640
- Geographic restrictions: Available statewide in Louisiana.
- Homebuyer education required: Yes
How to Apply for LHC Preferred Conventional Program
Step 1: Contact an LHC-approved participating lender. The assistance can be applied toward down payment, closing costs, and/or prepaid items. Complete homebuyer education before closing.
Notes
Conventional loan product. Assistance percentage is applied to the total purchase price.