Mortgage 101

How to Buy a House

How to Buy a House:Timeline and Process

Step 1: Determine How Much You Can Afford To Spend  This first step in the home buying process is critical in having success when purchasing a home. You need to determine what you are comfortable spending each month on your housing payment. This won’t include figures like utility bills and maintenance although you should definitely …

How to Buy a House:Timeline and Process Read More »

Closing Costs Louisiana

How Much Are Closing Costs in Louisiana?

Average Louisiana closing costs for home buyers will typically run from 2%-5% of the total purchase price of the home. More expensive homes will fall in the 2% end and less expensive homes would be closer to 5% If you are purchasing a home for $300,000 your costs would likely fall between 2-3% of the cost of the home.  A $100,000 home would be closer to 5% of the cost of the home. 

9 Reasons to Choose a Local Mortgage Broker

9 Reasons to Choose a Mortgage Broker

1. Get independent advice on your financial options. As independent mortgage brokers and mortgage associates, we are here for you. Our goal is to help you successfully finance your home or property with the right mortgage product for you. We’ll start by getting to know you and your homeownership goals. We’ll draw from available mortgage …

9 Reasons to Choose a Mortgage Broker Read More »

See What You Qualify For

*We don’t sell or spam your information and you will only be contacted in the manner you choose. This info is for Bayou Mortgage Only