Louisiana Mortgage
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Information on Louisiana Mortgage business, Louisiana Mortgage rate and Louisiana Mortgage lenders are as follows:
Louisiana Mortgage Rate
The mortgage rate in Louisiana differs depending upon various mortgage types, which are as follows:
Information on Louisiana Mortgage business, Louisiana Mortgage rate and Louisiana Mortgage lenders are as follows:
Louisiana Mortgage Rate
The mortgage rate in Louisiana differs depending upon various mortgage types, which are as follows:
| Conforming Fixed | Rate |
| 10 Year Fixed | 5.50% |
| 15 Year Fixed | 5.63% |
| 20 Year Fixed | 5.75% |
| 30 Year Fixed | 5.88% |
| Adjustable | |
| 1/1 Adjustable | 6.00% |
| 3/1 Adjustable | 5.75% |
| 5/1 Adjustable | 5.88% |
| 7/1 Adjustable | 6.13% |
| 10/1 Adjustable | 6.25% |
Louisiana mortgage types
The different types of mortgages available in the state are:
- Adjustable rate mortgages – adjustable rate mortgage are loans where interest rates vary during the term of the loan.
- Fixed rate mortgages – the most common loan program where monthly payments and interest payments remain fixed during the lifetime of the loan.
- Interest only mortgages – a mortgage is interest only if the monthly payment doesn’t have the principal component for a certain period.
- Balloon mortgages – in these types of mortgages the rate is fixed for a set period of time initially. The remaining principal balance becomes due at the end of the term.
- Jumbo loans
- Different government funded loans (VA and FHA)
The mortgage rates in the state differ widely based on the rates and the time period of the mortgage.
Louisiana Mortgage Lender
Some of the mortgage lenders of Louisiana are as follows:
- Anchor Mortgage of Baton Rouge
- Louisiana Residential Mortgage Inc
- Palm Mortgage Group
- Reed and Associaties Mortgage Corporation
- CFIC Home Mortgage
- McLellan Financial Mortgage Company
- Premier Mortgage Funding, Inc.
- Walker Mortgage Group
- Security National Mortgage
- Allied Home Mortgage Capital Corporation
- IPI Skyscraper Mortgage
- Lawhorn & Associates Mortgage Company
- U.S. Mortgage Group, Inc.
- Worry Free Mortgage Loans
- Quintet Mortgage LLC
- Mortgage PIG
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