Shreveport Mortgage Broker
Find a Shreveport, Louisiana (LA) mortgage broker. We have access to several Shreveport mortgage lenders who are competing for your business. Let us do the shopping for you.
Shreveport, Louisiana has a population of 200,145. Shreveport is within a reasonable driving distance of Houston, Dallas, and New Orleans. The housing market has been very steady in recent years. The median house value is $73,200.
Louisiana Loan Facts
- Community Property State - Since Louisiana is a community property state, you must include the liabilities of both the husband and the wife when calculating debt-to-income ratios for a Louisiana mortgage. You can still do a loan in one name, however, you must include the liabilities of both the husband and the wife.
- High Closing Cost State - HUD has determined certain states to be high closing cost states and others to be low closing cost states. Louisiana is classified as a high closing cost state due to higher priced title fees. If you are moving to Louisiana from another state, be aware of these costs.