If you find yourself musing about buying a home in Louisiana, think about things from a lender’s perspective. They’ll expect to review your credit score, your income and monthly expenses, your debt-to-income ratio, and what you expect your down payment to be.
Applying for the best mortgage rate in Louisiana starts with getting your finances straight before you seek preapproval from a professional lender. Gather copies of your tax returns, pay stubs, and bank statements and check your credit as a first step towards home ownership.
Here’s a quick look at current Louisiana mortgage rates: