Who has low mortgage rates in Louisiana?
I’m looking for a primary, single-family home in for , and credit score.
Insights
Negotiate everything—rates, fees, and terms are not set in stone.
George Robinson Chief Data ScientistLenders with low rates in LA
We’ve analyzed the rates lenders actually gave to buyers for the last three years and found a few lenders likely to get you a good deal.
| Lender | Lender fees | ||
|---|---|---|---|
Insights
Negotiate everything—rates, fees, and terms are not set in stone.
George Robinson Chief Data ScientistLenders in LA likely to have high rates
We don’t accept advertising, so TrueRate can give the real lender story. We looked at many lenders and these lenders are likely to offer you a high rate.
| Lender | Lender fees | ||
|---|---|---|---|
Insights
Whether a lender has high margins or is simply inefficient and passing their costs on to you, the result is the same—you’ll likely end up paying more for your home. Our data shows that if you choose these lenders you will likely regret it.
George Robinson Chief Data ScientistMethodology
We believe in transparency. Here’s how we crunched the numbers.
Based on lender data from 2023 with at least 10 loans similar to yours with 0 points for a 30-year fixed mortgage.
Louisiana is great for homebuyers
New Orleans is undoubtedly the jewel of Louisiana, known for its vibrant music scene, historic neighborhoods, and unique culinary offerings. While certain areas can be competitive, there are still neighborhoods like Mid-City and Gentilly that offer more affordable options for those looking to buy their first home. Living in the Big Easy means enjoying festivals, art galleries, and the famous French Quarter—all while immersing yourself in a rich cultural tapestry.
However, if you’re drawn to a more laid-back lifestyle, cities like Baton Rouge and Lafayette provide great alternatives. Baton Rouge, the state capital, is home to a growing economy and a friendly community. Lafayette, with its strong Cajun heritage, offers an inviting atmosphere and plenty of local charm, making it perfect for families and retirees alike.
First-time buyers in Louisiana can take advantage of various programs designed to help with down payments and other costs associated with purchasing a home. These resources can significantly ease the process and make homeownership more attainable.
Whether you’re drawn to the lively streets of New Orleans or the welcoming communities in the heart of Cajun country, the opportunities are plentiful and waiting for you to explore.