Baton Rouge Mortgage Broker

Call Now: (225) 478-55721

Baton Rouge Mortgage Brokers

Get a Low Rate Mortgage in Baton Rouge, LA Without the Hassle

Looking for Mortgage Brokers in Baton Rouge, LA?

If you’re looking to purchase a home in Baton Rouge, Zachary, Baker, Denham Springs, Central, Prairieville, Gonzales, Brusly, or any other area in the area we can help!

Trying to pick a mortgage company can be a frustrating and confusing process. There are so many different options so it can be difficult to decide.

How To Pick The Right Mortgage Broker or Company in Baton Rouge

When it comes to picking the right mortgage company you’ll have to search through banks, mortgage lenders, mortgage brokers, and credit unions. To determine which one you should use you need to answer a few important questions:

1.Who is the most responsive and easiest to reach?

The last thing you want to deal with on such a large purchase is a loan officer you can never reach. Do you really want to spend hundreds of thousands of dollars to use a chatbot or email? You need to be able to reach your lender.

2. Who offers the best terms?

The best terms mean interest rate, monthly payment, and closing costs (or cash to close). Anyone can show you a low rate but make up for it by charging you points and increasing your closing costs.

3. Do they have access to multiple lenders?

The ability to shop around for different lenders can be very time-consuming. Calling them, sending your paperwork to each of them, and having them each pull your credit.

It’s a lot. If you work with a mortgage broker, they can shop multiple lenders for you to ensure you get the best deal.

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.

Baton Rouge First-Time Home Buyers

Buying a house for the first time can be frustrating and confusing. There are so many different options AND rules! And there are even more questions:

How much house can I afford?
Do I need a down payment?
What credit score is required to get a mortgage?
How much will my mortgage payment be?
What are closing costs?
Should I get a pre-approval letter?
Is working with a realtor a good idea?

We hear these questions every day from homebuyers just like. Don’t settle for working with a mortgage lender who only tells you WHAT to do but never explains WHY you need to do it. Be careful that you don’t get stuck working with someone who won’t teach you about the process so YOU can make the best decision for yourself (or your family).

One of the ways we can help you get your questions answered is through our Baton Rouge First-Time Home Buyer Guide. If you’d like to get your questions answered, but at your own pace, check it out

Baton Rouge First-Time Homebuyer Guide

How to Get Pre-Approved for a Baton Rouge Mortgage

So now that you know a little bit more about getting a mortgage you are ready to talk with an expert. What are the steps to getting pre-approved for a mortgage in Baton Rouge?

Talk to a loan expert
Gather Your Personal Documents
Complete Mortgage Application
Review Fees and Mortgage Payment
Start Shopping for a House

Baton Rouge Mortgage FAQ's

What’s the minimum credit score to buy a house in Baton Rouge?

The minimum credit score to purchase a house is going to depend on which loan program you go with. If you have at least a 580 credit score you should be able to qualify for zero or low down payment programs. Veterans can qualify with credit scores as low as 500 (or lower)

What’s the minimum down payment for a mortgage in Baton Rouge?

The minimum down payment for a mortgage depends on which loan program you use. There are $0 down programs as well as low down payment programs which require 3% to 3.5% down.

How much are closing costs in Baton Rouge?

Closing costs on your mortgage will run between 2% to 5% of the purchase price of your house. Lower purchase prices will be closer to 5% and higher purchase prices will be closer to 2%.

Does Baton Rouge have First-Time Homebuyer Programs?

Yes! Baton Rouge has many first-time home buyer programs including USDA Rural Development, CAFA housing grants, VA Loans, and FHA. There are also many down payment assistance programs available.

We ❤️ Our Clients

See What They Say About Us

Hands down the best experience purchasing our home I could have asked for. I would do business with Channing a thousand times over. He took the time to help us understand the process, answering all of my what if questions for more than a year leading up to when we finally purchased. When we did choose a home, he got us the best possible rate and helped us close as quickly as the seller would allow. I couldn't have asked for a smoother process or a more personable lender. Recommend to anyone looking to buy or refinance!

Channing was very helpful answering any questions that I had, as a first time home buyer, about the whole process and any questions that came up with the figures. He did a great job shopping around for the best rate for me. Will definitely recommend Bayou Mortgage to anyone looking to buy a home.

Channing went above and beyond to answers all our questions and help our home buying process go as smoothly as possible!!! As first time home buyers we were extremely clueless and anxious but with his help we ended up in our perfect starter home and we couldn’t be happier!

Your expectations of a mortgage lender, Channing will surpass without question. He was knowledgeable, responded quickly and in a manner that we as first time buyers were able to understand the different processes. I couldn't recommend him enough; can't say enough good things about his work with us.

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.

Call Now: (225) 478-55721