How Much House Can I Afford?

When it comes to homeownership, how much you can afford directly relates to how much debt a lender thinks you can take on monthly. In this blog, we’ll go over what it takes as you start your search for your dream home. Debt-to-Income Ratio When we’re evaluating your loan application, one of the most important […]

The Housing Market 2020, are we Repeating History?

Are we repeating history? Not Quite. Some of you might be thinking, “Is this going to be like the financial crisis of 2008?” It’s a valid concern, but the silver lining is we’re more prepared to face and rise out of the situation the economy is facing, because not only did we make it through […]

Here’s what you need to know about the CARES act

We know here at Louisiana Home Lending that the COVID-19 Coronavirus has led to some challenging and uncertain times for all of us. We want to help you confidently navigate and lift the burden of any future mortgage-related financial decisions, as much as we can. Here’s What You Should Know The Government has put in […]

Getting Pre-Approved for a mortgage. Why does it matter?

Whether you’re thinking about buying, shopping for a home, or have found the home you love, getting a pre-approval is paramount in helping you make a great decision both financially and practically. First off, what is a pre-approval? A mortgage pre-approval is a letter from a lender or mortgage broker confirming the size and type of loan […]

Five Reasons Why Refinancing Your Mortgage May Benefit You

With interest rates the lowest they’ve been in a while, you may be thinking about refinancing your existing mortgage into a new one. As a homeowner, there are good reasons to consider this option: to get a lower interest rate, to drop private mortgage insurance, or to pull cash from your home’s equity to consolidate debt or make […]