Learning Center
First Time Home Buyer's
Thinking about buying your first house? Learn everything you need to need know about the home buying process and buying a house.
Loan Programs
Learn More about the different loan programs Bayou Mortgage offers. FHA, USDA, VA, Conventional, Construction loans and more!
Mortgage Basics
Learn more about the ins and outs of mortgage topics and terms
Featured Resources
Does Getting Pre-Approved Hurt Your Credit?
Will Getting Pre-Approved Hurt Your Credit? If you’re thinking about buying a home, you probably know that your credit plays an important role in getting
Mortgage Underwriting: What You Need to Know
What Is Underwriting? Buying a home is a huge commitment’s for you and the lender. With the amount of money involved the lender has to
What is Manual Underwriting?
Underwriting is the process lenders use to determine if you can be approved for the home loan you’ve requested. When it comes to how underwriting
Renovation Loans: Finance Your Home Improvement Dreams
Home renovation loans provide you with funds to buy and fix up a home in Louisiana. Despite the renovation portion of the loan, it’s still
What Is AUS? – Automated Underwriting System
If you are currently going through the mortgage process you may have heard of aus. AUS stands for Automated Underwriting System. The aus in mortgage
What Mortgage Documents are Needed to Buy a Home?
I’ve seen many people become overwhelmed with the vast amount of mortgage documents that are often required in order to purchase a home. Since first-time
What is a Secured Credit Card?
What is a secured credit card? A secured credit card requires you to make a deposit of your own money before the card will be
How to Fix Your Credit to Buy a Home
Want to learn how to fix your credit to buy a home? Buying a home can be a huge accomplishment and one that provides a
Can You Buy A House With Bad Credit?
It can feel like an impossible task to buy a home with bad credit, but it might not be as bad as you think. Many
Why Do I Have To Provide Bank Statements to Get a Mortgage?
The process of getting a mortgage can feel personal and frustrating. This frustration is usually at its peak when the loan officer begins to request
FHA vs. Conventional Loan: Which One Is Right For You?
FHA vs. Conventional Loan, which loan is right for you? We’ll dive in and show you how each of these loan programs works and by
What Does a Loan Officer Do?
What Is a Loan Officer? A loan officer is someone who takes loan applications and provides rates, fees, and terms regarding the loan that you
What Is PMI? (Private Mortgage Insurance)
I’m still amazed at how many people I speak with who believe that you need 20% down to purchase a home. Maybe you’re reading this
FHA Streamline Refinance: Benefits and Requirements
What is an FHA Streamline Refinance? An FHA streamline is a refinance loan for those who already have an FHA loan. It’s a refinance that
FHA 203k Loan Guide
Did you find your dream home only to find out that it doesn’t pass the appraisal? Homebuyers find a home but it’s in less than
FHA Loan Down Payment Requirements
What Are The FHA Loan Down Payment Requirements? One of the best things about FHA loan is the low down payment requirements. The minimum down
FHA Loans For First-Time Homebuyers
If you’re a first-time homebuyer, an FHA loan can be one of the best options available. Let’s see what makes FHA loans so great for
What Is Debt-To-Income Ratio?
What is Debt-to-Income Ratio? Debt-to-Income ratio is a percentage that tells lenders how much of your money you are spending each month versus the amount
5 Steps To Setting The Perfect Budget
I think we can all agree that we are living through some crazy times right now, and having a solid savings account is arguably more
Can I Buy A Home With Student Loans?
An alarming amount of adults are strapped down with some kind of student loan baggage. In fact, around 65% of college-educated adults, and as much
Want Some Help With Your Mortgage?
Take one of our quizies to see what you qualify for
