These guides answer the questions New Orleans-area buyers ask most, with the local details national sites leave out: city and state assistance programs, flood zones, insurance costs and how closing works in Louisiana. Each guide shows the date its facts were last checked and links to the official sources.
Getting help with your down payment
Costs
Loan options
- How self-employed buyers qualify for a mortgage in New Orleans: tax-return loans vs. bank-statement loans, side by side.
Coming next
New guides are added each week. Topics on the way:
- Costs: flood insurance and flood zones, FORTIFIED roofs, Louisiana closing costs and the homestead exemption.
- Loan options: FHA vs. conventional, VA loans, USDA zero-down areas near New Orleans, credit score requirements and retirement income.
- The process: pre-qualification vs. pre-approval, how long closing takes, 2-1 buydowns, condos and older homes.
Have a question that isn’t here yet? Send it to me, and it may become the next guide.
Will Gandy, NMLS #93583. CrossCountry Mortgage, LLC NMLS3029. Branch NMLS #1678577. 802 Fern St Ste 301, New Orleans, LA 70118. Equal Housing Opportunity. All loans subject to underwriting approval. Certain restrictions apply. Licensing information: www.nmlsconsumeraccess.org.