Loan Types
Require a down payment of 3%-20%
Loan limit of $766,550.
Lender paid mortgage insurance available
FHA FIXED MORTGAGES & ARMs
100% financing available
Require a down payment of 3.5%
Reduced mortgage insurance for lower credit scores
Loan Limit of $472,030.
VA FIXED MORTGAGES & ARMs
100% financing
NO monthly mortgage insurance premium
Guaranteed by the U.S. Department of Veterans Affairs, allowing us to offer veterans better rates and terms
Loan limit of $766,550.
VA JUMBO FIXED MORTGAGES
100% financing available
NO monthly mortgage insurance premium
Guaranteed by the U.S. Department of Veterans Affairs, allowing us to veterans better rates and terms.
Loan limit of $2M or the VA county loan limit, whichever is less
USDA GUARANTEED RURAL HOUSING PROGRAM
100% financing
Rural properties located in areas deemed eligible by the USDA
Reduced mortgage insurance premium
Income limits apply
DOWN PAYMENT ASSISTANCE
Up to $8,000 in down payment assistance offered by LPTFA
Income limits apply
Locations
Preferred Lending Solutions - Lafayette Branch
1600 Camellia Blvd, Ste 104
Lafayette, La 70508
