Purchase Advantage (LA)

The Purchase Advantage Program powered by CAFA is a new program to LH Lending. Eligible borrower may receive assistance of 3% or 4% on FHA and Conventional Loans. This assistance may be used for down payment, closing costs, borrower paid MI or prepaids.

Purchase Advantage Loan Features:

  • 3% or 4% Down Payment Assistance

  • More parishes added – expanded to 58 parishes

  • Lower MI Cost

  • Options to use assistance towards down payment, closing costs, etc

*This program is currently only available in Louisiana


  • More than 50 select Louisiana parishes

  • Income limits to determine eligibility vary by parish and scenario

  • Available for Purchase or Refinance when income is <80% AMI

  • Eligible for first time homebuyer or repeat buyer

Purchase Advantage Eligible Louisiana Parishes:

Acadia, Allen, Ascension, Assumption, Avoyelles, Beauregard, Bienville, Bossier, Caddo, Calcasieu, Caldwell, Cameron, Catahoula, Claiborne, Concordia, DeSoto, East Baton Rouge, East Carroll, East Feliciana, Evangeline, Franklin, Grant, Iberia, Iberville, Jackson, Jefferson, Jefferson Davis, Lafayette, Lafourche, Lincoln, Livingston, Madison, Morehouse, Natchitoches, Ouachita, Point Coupee, Red River, Richland, Sabine, St. Bernard, St. Helena, St. James, St. John, St. Landry, St. Martin, St. Mary, St. Tammany, Tangipahoa, Tensas, Terrebonne, Union Parish, Vermillion, Vernon, Washington, Webster, West Baton Rouge, West Carroll, Winn

We make sure you can get into your home as soon as possible. A team member is just a phone call or click away.

*The percent of down payment assistance offered is dependent on the interest rate selected by the borrower. Approved parishes and income limits are established by CAFA and subject to change.

*Government loans such as FHA, USDA and VA typically have more flexible guidelines than conventional loans but interest rates are typically higher. 

*Not a commitment to lend.  All loans subject to credit and property approval.  The following terms are for illustrative purposes only.  Rates, payments, and loans terms vary by consumer based on their individual qualifying information.   The payment amount illustrated does not include the amounts for taxes, property insurance, or mortgage insurance. 

Loan Term Down Payment Annual Percentage Rate Estimated Monthly Payment
30 year fixed rate 10% (90% LTV) 4.75% $1,043