Down payment assistance in Louisiana
Louisiana's primary statewide down payment assistance program, run by Louisiana Housing Corporation. Numbers and eligibility reflect the program's published 2025 guidelines.
Mortgage Revenue Bond Assisted
Deferred loan- Maximum assistance
- Up to 4% of mortgage amount as a deferred soft second
- Income limit
- Up to $134,560
- Home price limit
- Up to $481,176
- First-time buyer
- Preferred (some products)
- Eligible loan types
- FHA, VA, USDA, Conventional
- •Deferred soft second - no payment, repaid on sale/refi.
- •Forgiven if you stay in the home long enough (program-specific schedule).
How Louisiana DPA fits into your purchase
Down payment assistance reduces the cash you need at the closing table. Louisiana's Mortgage Revenue Bond Assisted pairs with the standard FHA, VA, USDA, or conventional first mortgage from a participating lender; the DPA flows through the same closing.
Two things to budget for: most state DPA requires a homebuyer-education course (typically online, 6-8 hours, ~$75) and you usually have to use a lender on the agency's approved list. The agency keeps the list public on its website.
Common questions
Louisiana's primary statewide DPA is Mortgage Revenue Bond Assisted from Louisiana Housing Corporation. Up to 4% of mortgage amount as a deferred soft second. Many Louisiana cities and counties also run additional DPA layered on top.
Some product variants are first-time-buyer only; others are open to repeat buyers. Check the agency page for the current matrix.
Yes. Mortgage Revenue Bond Assisted works with these loan types: FHA, VA, USDA, Conventional. The DPA is layered behind your first mortgage as a separate lien (or grant), and both close together.
Usually no. Deferred and forgivable loans typically have no monthly payment, so most lenders do not include them in your DTI calculation.
Deferred and second-mortgage DPAs are generally repaid in full when you sell, refinance, or pay off the first mortgage.