State Buyer Guide
Down payment assistance, Louisiana housing programs, closing cost estimates, and what to know before buying — including from FSBO sellers.
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The Louisiana Housing Corporation (LHC) is your primary source for below-market mortgage rates and down payment assistance in Louisiana. Programs are available through approved lenders — not directly through the HFA.
"Soft second" mortgage to cover down payment and closing costs.
FHA, VA, or conventional loans at competitive rates through LHC.
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See real rates from multiple lenders with one soft credit pull. Credible pays up to $240 per funded loan — which means they have every reason to find you the best rate.
Compare Mortgage Rates →On a $215,000 home: approximately $6,020
Louisiana has no state real estate transfer tax. Some parishes charge minor local recording fees. Louisiana uses a notarial system — a notary public handles the deed.
Louisiana uses a unique notarial closing system. A licensed Louisiana notary public (often an attorney) is required to handle the deed transfer at closing.
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Find an Inspector →As an attorney-closing state, Louisiana requires a licensed real estate attorney to conduct your closing. You'll also want one to review your purchase agreement.
Nolo has been the go-to legal resource for DIY buyers since 1971. Their real estate guides explain purchase agreements, contingencies, and closing in language anyone can understand.
Browse Legal Guides →Get a real estate attorney to review your purchase agreement or help you draft an offer letter — often for a fraction of traditional legal fees.
Get Legal Help →Download state-specific purchase agreements, addenda, and disclosure forms — written by attorneys, ready to use in your state.
Browse Real Estate Forms →Louisiana first-time buyers can access programs through the Louisiana Housing Corporation (LHC) (https://www.lhc.la.gov/), including the LHC Soft Second Program (Up to $55,000 in soft second assistance — forgiven over time) and the LHC Market Rate Program (Competitive market rate with access to soft second DPA). Federal programs like FHA loans (3.5% down) and USDA loans (0% down in eligible areas) are also available.
Closing costs in Louisiana typically run 2.8% of the purchase price. Transfer tax: None (some parishes have local fees). Louisiana has no state real estate transfer tax. Some parishes charge minor local recording fees. Louisiana uses a notarial system — a notary public handles the deed.
Louisiana uses a unique notarial closing system. A licensed Louisiana notary public (often an attorney) is required to handle the deed transfer at closing.
The median home price in Louisiana is approximately $215,000. Property taxes average 0.55% of assessed value annually.
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