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Conventional Loans in Baton Rouge

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Conventional Loans for Baton Rouge, LA 


Conventional Loans are one of the most popular loan programs in Baton Rouge, Zachary, Brusly, Central, Prairieville, Gonzales, Denham Springs, and Livingston.  The Conventional Mortgage program is a loan option for borrowers with good credit and a solid down payment. 

What is a Conventional or Conforming Loan?


A conventional or conforming loan is one that conforms to the standards set forth by Fannie Mae or Freddie Mac. These loans are done by banks, credit unions, mortgage brokers or mortgage bankers. 

Conventional loans are not insured or backed by any government agency and instead are protected by private mortgage insurance or 20% or more down payments. 

Baton Rouge Conventional Loan Requirements 


In order to get a conventional loan, you’ll need to meet a few different requirements. 

  • Credit Score of 620 or Higher 
  • 3% Down Payment for First-Time Homebuyers
  • 5% Minimum Down Payment for Repeat Homebuyers 
  • Have a good credit history
  • Purchase a Primary, Second Home, or Investment Property 
  • Have a Debt-to-Income Ratio under 50%
  • Have Documented Taxable Income

The conventional loan is a program designed for people who have a positive credit history. While the minimum credit score requirement is 620, it can be difficult to qualify for a conventional loan if your score is under 680- especially if you don’t have a large down payment. 

Benefits of  Conventional Loan in Baton Rouge


The conventional loan has many benefits for those who are able to qualify for the program: 

  • Low Mortgage Rates
  • Low Down Payment Requirements
  • PMI is Removed at 80% Loan-to-Vale 
  • Purchase Primary, Second Home, or Investment Property 
  • Flexible Appraisals

The Conventional Mortgage is going to be more flexible when it comes to property types and occupancy types. Plus if you want to buy a home with some minor issues, conventional would be a better option. 

Baton Rouge Conventional Loan Limits 


The loan limits for Conventional Loans is the amount you can borrow and still be considered a conforming or non-jumbo loan. Non-conforming and Jumbo mortgages usually have stricter requirements, higher interest rates, and are tougher to obtain. 

The Conventional Loan Limits Are: 

1 Unit: $ 647,200

2 Unit: $828,700

3 Unit: $1,001,650

4-Unit: $1,244,850

How to Apply for a Conventional Loan in Baton Rouge


If you’d like to apply for a conventional loan in Baton Rouge, you should speak with a local mortgage broker. Local mortgage brokers will help you shop with multiple lenders finding you the lowest rate and fees. 

By shopping locally, you ensure you have someone who understands the area and will be available to assist you with your loan. 

Talk to one of our loan experts today! We’ll give the lowest rate and we charge no lender fees! 

Baton Rouge Mortgage Programs

If you’re shopping for mortgage companies in Baton Rouge, chances are you want to learn about which loan program is right for you. 

Check out each loan program below to see what your options are. 

Baton Rouge Conventional Loans

An adjustable rate mortgage is a home loan with an inital rate that’s fixed for a specified period then adjusts. 

Baton Rouge
FHA Mortgage

A FHA mortgage is a home loan insurance by the Federal Housing Administration. FHA Loans offer low down payment and flexible credit requirements

Baton Rouge
VA Mortgage

VA Mortgage are backed by the Department of Veterans Affairs and are available to military members and veterans. 

Baton Rouge
USDA Mortgage

USDA Rural Development Mortgage is a home loan back by the United States Department of Agriculture and offers loans with no down payment requirement. 

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Baton Rouge Loan Officers

Victoria Meadows

Loan Officer

 E:[email protected]

P: (337) 435-9068

F: (337) 466-4906

NMLS # 2055859


Loan Officer

 E:[email protected]

P: (225) 416-5081

F: (337) 466-4906

NMLS # 2170852

Channing Moore




P: (337) 329-9762

F: (337) 466-4906

NMLS # 1235512

Home Buyer Quiz

Which Loan is Right For You?

Take our quick 6 question home buyer quiz to find out.

Our free home buyer quiz will help you discover how much you’ll money you’ll need to put down, what you credit score needs to be, and what your price range should look like. 

Bayou Mortgage is a Mortgage Broker NMLS # 1845349 Equal Housing Lender

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Baton Rouge, LA 70808

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