Your Dream Home Starts Here
3% Down. No PMI.†
Keep more money in your pocket and get closer to the home you want. With just 3% down and no private mortgage insurance, La Cap makes it easier for qualified buyers to make their move.†
| Conventional Mortgages | Effective 10/09/2026 | ||
|---|---|---|---|
| Term | Rate | APR (as low as)1,2 | Origination3 |
| 30 year fixed | 7% | 7.054% | 0% |
| 30 year fixed | 6.875% | 7.003% | 0.75% |
| 30 year fixed | 6.75% | 6.978% | 1.75% |
| 20 year fixed | 6.5% | 6.569% | 0% |
| 15 year fixed | 6.25% | 6.335% | 0% |
| 10 year fixed | 6.125% | 6.245% | 0% |
1 Loans are available to qualified, creditworthy members. The amount of your loan and the term will affect your interest rate. The rate you qualify for will depend on a review of your credit history. Ask for complete details.
2Annual Percentage Rate (APR) is lowest available and subject to change without notice. Effective date 10/09/26. Offer, rates, terms, and conditions vary depending on the type of loan, loan amount, loan to value ratio, credit evaluation, and underwriting requirements. Property insurance (and flood insurance if applicable) required. A mortgage of $250,000 for 30 years at 7% interest rate requires a principal and interest (P&I) payment of $1,663.26 per month. Payment amounts shown do not include taxes and insurance premiums which will result in a higher actual monthly payment. Less than 20% down may require private mortgage insurance (PMI).
3A mortgage of $250,000 for 30 years at 6.875% interest rate and with a 0.75% origination fee requires a principal and interest (P&I) payment of $1,642.32 per month. A mortgage of $250,000 for 30 years at 6.75% interest rate and with a 1.75% origination fee requires a principal and interest (P&I) payment of $1,621.50 per month. Payment amounts shown do not include taxes and insurance premiums which will result in a higher actual monthly payment. Less than 20% down may require private mortgage insurance (PMI). The rates advertised are “as low as” rates and reflect an origination fee where indicated; therefore, your actual rate may be higher.
Understanding Origination Fees
What is an Origination Fee?
An origination fee is a one-time fee paid to the lender to process and set up your mortgage loan. Paying a higher origination fee may help lower your interest rate and monthly payment.
Why are there different origination fees?
Higher origination fees may help lower your interest rate, while lower origination fees may result in a higher rate. This gives you the flexibility to choose the option that best fits your financial goals.
Need Help Choosing the Right Mortgage?
Meet Our Mortgage Loan Originators.
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Daniel Knoll
Daniel Knoll Mortgage Lending Manager NMLS# 700837 
700 Main Street
Baton Rouge, LA 70802Office: 225-424-7616 or 800-522-2748
Fax: 225-342-5012 or 800-297-2717 -
Brian Davis
Brian Davis Mortgage Loan Originator NMLS# 325274 
700 Main Street
Baton Rouge, LA 70802Office: 225-424-7627 or 800-522-2748
Fax: 225-342-5012 or 800-297-2717 -
Eric Groves
Eric Groves Mortgage Loan Originator NMLS# 2103643 
4725 Veterans Memorial Blvd.
Metairie, LA 70006Office: 225-424-5051 or 800-522-2748
Fax: 225-342-5012 or 800-297-2717
La Capitol home lending helps you make the most of your home investment. Options like no PMI or down payment needed1 let you secure your loan with less funds and get into your space sooner. Also, you could qualify for up to 100% financing2 on your purchase — that means more money to spend on your new space.
Our mortgage products include:
3% Down, No PMI | Conventional | 100% No PMI | Lot/Land | Rural Development | Jumbo | FHA | VA | Home Equity Loan - Fixed Second Mortgages | Condo
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3% Down, No PMI
3% Down, No PMI
Make homeownership more attainable with a La Cap mortgage that requires as little as 3% down with no private mortgage insurance (PMI).†
- As little as 3% down†
- No private mortgage insurance (PMI)†
- Minimum credit score of 660
- Maximum loan amount of $450,000
- Available for qualified homebuyers
†Program available for qualified borrowers only. Subject to credit approval, underwriting approval, income verification, and property eligibility. Additional restrictions and conditions may apply. Maximum loan amount is $450,000. Maximum loan-to-value ratio is 97%. No monthly private mortgage insurance (PMI) is required under this program. Interest rate will vary based on credit qualifications. Rates are subject to change without notice. Offer, rates, terms, and conditions vary depending on the type of loan, loan amount, loan to value ratio, credit evaluation, and underwriting requirements. Property insurance (and flood insurance if applicable) required. A 3% down, No PMI Loan of $242,500 (3% down on $250,000) for 30 years at 7.25% interest rate and 7.306% APR requires a principal and interest (P&I) payment of $1,654.28 per month. Payment amounts shown do not include taxes and insurance premiums which will result in a higher actual monthly payment. The rates advertised are “as low as” rates; therefore, your actual rate may be higher. Annual Percentage Rate (APR) is lowest available and subject to change without notice. Effective date 10/09/26. Property insurance required. Flood insurance may be required. Escrow requirements may apply.
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Conventional Home Loan
Conventional Home Loan
- Low, fixed rates
- Purchase or refinance
- Minimum down payment 3%
- Primary home, second/vacation home, or investment
- Terms up to 30 years available
- Terms up to 15 years for investment
Loans are available to qualified, creditworthy members. The amount of your loan and the term will affect your interest rate. The rate you qualify for will depend on a review of your credit history. Ask for complete details.
Annual Percentage Rate (APR) is lowest available and subject to change without notice. Effective date 10/09/26. Offer, rates, terms, and conditions vary depending on the type of loan, loan amount, loan to value ratio, credit evaluation, and underwriting requirements. Property insurance (and flood insurance if applicable) required. A mortgage of $250,000 for 30 years at 7% interest rate requires a principal and interest (P&I) payment of $1,663.26 per month. Payment amounts shown do not include taxes and insurance premiums which will result in a higher actual monthly payment. Less than 20% down may require private mortgage insurance (PMI).
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100% No PMI Loan
100% No PMI1 Loan
- No private mortgage insurance (PMI)1
- No down payment
- Purchase only
- Minimum credit score of 700
- Maximum loan amount of $300,000
1 PMI = Private Mortgage Insurance. Other conditions apply, including but not limited to appraisal, title, and maximum loan amount of $300,000. Maximum DTI (Debt to Income ratio) 40%. Minimum credit score of 700. No slow payments in the last 24 months. 24 months of previous mortgage history or rental history. Judgments, liens, voluntary or involuntary repossessions, charge-offs, federal and state tax liens must all be paid in full and released prior to closing. No open or active mortgage(s) allowed in order to qualify for this product. Minimum 24 months of verified employment in the same or related field. Two years of W-2s and tax returns are required. Seller contribution up to 6% allowed. Loans are available to qualified, creditworthy members. The amount of your loan and the term will affect your interest rate. The rate you qualify for will depend on a review of your credit history. Ask for complete details.
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Lot/Land Loan
Lot/Land Loan
- Up to 100% financing
- Terms up to 15 years
- 5-year Balloon option
Loans are available to qualified, creditworthy members. The amount of your loan and the term will affect your interest rate. The rate you qualify for will depend on a review of your credit history. Ask for complete details.
Payment Example: A loan amount of $250,000 at a rate of 6.5% APR for 15 years has an estimated monthly payment of $1,882.38 (principal and interest). Adding payment protection may change the rate, payment, and term. Any deferment of payment(s) during the life of the loan may result in an increased APR for the statement cycle(s) of the deferred payments. Other restrictions may apply. Contact a La Cap representative for details.
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Rural Development Loan
Rural Development Loan
A rural development loan assists qualified buyers interested in purchasing a primary residence in eligible rural areas.
- 100% financing
- 30-year term
- Up front guarantee fee can be financed into the loan
- Income restrictions apply
Loans are available to qualified, creditworthy members. The amount of your loan and the term will affect your interest rate. The rate you qualify for will depend on a review of your credit history. Ask for complete details.
Payment Example: A loan amount of $250,000 at a rate of 6.75% APR for 30 years has an estimated monthly payment of $1,621.50 (principal and interest). Adding payment protection may change the rate, payment, and term. Any deferment of payment(s) during the life of the loan may result in an increased APR for the statement cycle(s) of the deferred payments. Other restrictions may apply. Contact a La Cap representative for details.
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Jumbo Loan
Jumbo Loan
Finance your dream home with a La Cap Jumbo Loan. Designed for higher-value properties that exceed conventional loan limits, our Jumbo Loans offer competitive rates, flexible terms, and personalized service to help you purchase or refinance with confidence.
- Purchase or refinance
- Minimum loan amount of $832,750
- Minimum down payment 20%
- No monthly PMI required
- 15 and 30-year terms available
- Owner-occupied primary home only
Loans are available to qualified, creditworthy members. The amount of your loan and the term will affect your interest rate. The rate you qualify for will depend on a review of your credit history. Ask for complete details.
Payment Example: A loan amount of $832,750 at 6.767% APR for 30 years has an estimated monthly payment of $5,401.20 (principal and interest). Other restrictions may apply. Contact a La Cap representative for details.
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FHA Loan
FHA Loan
- Down payment as low as 3.5%
- Monthly mortgage insurance premium is required on all FHA loans
- Loan limits apply
Loans are available to qualified, creditworthy members. The amount of your loan and the term will affect your interest rate. The rate you qualify for will depend on a review of your credit history. Ask for complete details.
Payment Example: A loan amount of $250,000 with a 3.5% down payment at a rate of 6.75% APR for 30 years has an estimated monthly payment of $1,542.04 (principal and interest).
Adding payment protection may change the rate, payment, and term. Any deferment of payment(s) during the life of the loan may result in an increased APR for the statement cycle(s) of the deferred payments. Other restrictions may apply. Contact a La Cap representative for details.
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VA Loan
VA Loan
- 100% financing available to qualified veterans
Loans are available to qualified, creditworthy members. The amount of your loan and the term will affect your interest rate. The rate you qualify for will depend on a review of your credit history. Ask for complete details.
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Home Equity Loan - Fixed Second Mortgage
Home Equity Loan - Fixed Second Mortgage
- Low, fixed rates1
- 5, 10, and 15 year terms available2
- Up to 90% CLTV (combined loan to value)
- Second lien position only
- Primary residence only
1 Loans are available to qualified, creditworthy members. The amount of your loan and the term will affect your interest rate. The rate you qualify for will depend on a review of your credit history. Ask for complete details.
2 Offer, rates, terms, and conditions vary depending on the type of loan, loan amount, loan to value ratio, credit evaluation, and underwriting requirements. Property insurance (and flood insurance if applicable) required. A second mortgage fixed rate loan of $100,000 for 15 years at 8.250% interest rate and 8.474% APR requires a principal and interest (P&I) payment of $970.14 per month. Payment amount shown doesn't include taxes and insurance premiums which will result in a higher actual monthly payment. The rates advertised are “as low as” rates; therefore, your actual rate may be higher. Annual Percentage Rate (APR) is lowest available and subject to change without notice. Effective date 5/8/26.
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Condo
Condo
- Warrantable and Non-Warrantable financing
- Purchase or Refinance
- Minimum down payment 20%
- Primary home, second home/vacation home, or investment
- Terms up to 30 years
- Terms up to 15 years for investment
Loans are available to qualified, creditworthy members. The amount of your loan and the term will affect your interest rate. The rate you qualify for will depend on a review of your credit history. Ask for complete details.
Payment Example: A loan amount of $250,000 at a rate of 6.552% APR for 30 years has an estimated monthly payment of $1,264.14 (principal and interest). Adding payment protection may change the rate, payment, and term. Any deferment of payment(s) during the life of the loan may result in an increased APR for the statement cycle(s) of the deferred payments. Other restrictions may apply. Contact a La Cap representative for details.
- Warrantable and Non-Warrantable financing
You will need the following documents when you're ready to apply:
- 30-day pay history
- Previous 2 years’ W-2
- Previous 2 years’ personal & business tax returns (only required if self-employed)
- Recent two-month bank statements
- Homeowners insurance policy
Mortgage Calculator
Your Payment
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/month
Approximate monthly payment is an estimate only. Actual monthly payment will differ.
| Payment Date | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| [[ payment.date]] | [[ payment.payment ]] | [[ payment.principal ]] | [[ payment.interest ]] | [[ payment.totalInterest ]] | [[ payment.balance ]] |
Payment schedule does not include taxes, insurance and fees
The accuracy of this calculator and its applicability to your circumstances is not guaranteed. Results should be discussed with a qualified professional before any product purchases or loan commitments are made.
Managing Your Mortgage: FAQs
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How do I access my mortgage account?
You can access your mortgage account through our online banking platform. Once logged in, navigate to your mortgage loan through the Mortgage Info link under the Transactions menu to view your balance, payment history, escrow information, and make payments.
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How can I set up automatic mortgage payments?
Automatic payments can be set up through online banking, so your payment is drafted from your account each month on the scheduled due date.
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When is my mortgage payment due?
Your mortgage payment is due on the 1st of each month.
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Can I pay extra toward my principal?
Yes. You can make additional payments toward the principal balance of your mortgage at any time. Paying extra toward the principal can reduce the total interest paid over the life of the loan and may help you pay off your loan sooner.
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Can I pay off my mortgage early?
Yes. You can pay off your loan early without penalty. Paying additional principal or making extra payments can help reduce the overall interest paid.
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What makes up my monthly mortgage payment?
Your monthly mortgage payment typically includes principal, interest, property taxes, homeowners’ insurance, and flood insurance (if required).
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How does escrow work?
An escrow account is used to collect funds for property taxes and homeowners’ insurance as part of your monthly mortgage payment. These funds are held in your escrow account and paid on your behalf when taxes and insurance bills are due.
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Why did my payment change?
Your payment may have changed because your property taxes and/or homeowners’ insurance costs have changed. Each year, we review your escrow account to ensure sufficient funds are collected to cover those expenses. If costs increase, your monthly payment may go up. If costs decrease, your payment may go down.
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How do I know how much equity I have in my home?
Home equity is the difference between your home's current market value and the amount you owe on your mortgage. A Mortgage Loan Officer can help estimate your available equity.
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Disclosures
*Annual Percentage Rate (APR) is lowest available and subject to change without notice. Effective date 10/09/26. Offer, rates, terms, and conditions vary depending on the type of loan, loan amount, loan to value ratio, credit evaluation, and underwriting requirements. Property insurance (and flood insurance if applicable) required. A mortgage of $250,000 for 30 years at 7% interest rate requires a principal and interest (P&I) payment of $1,663.26 per month. Payment amounts shown do not include taxes and insurance premiums which will result in a higher actual monthly payment. Less than 20% down may require private mortgage insurance (PMI).
1 PMI = Private Mortgage Insurance. Other conditions apply, including but not limited to appraisal, title, and maximum loan amount of $300,000. Maximum DTI (Debt to Income ratio) 40%. Minimum credit score of 700. No slow payments in the last 24 months. 24 months of previous mortgage history or rental history. Judgments, liens, voluntary or involuntary repossessions, charge-offs, federal and state tax liens must all be paid in full and released prior to closing. No open or active mortgage(s) allowed in order to qualify for this product. Minimum 24 months of verified employment in the same or related field. Two years of W-2s and tax returns are required. Seller contribution up to 6% allowed. Loans are available to qualified, creditworthy members. The amount of your loan and the term will affect your interest rate. The rate you qualify for will depend on a review of your credit history. Ask for complete details.
2 Loans are available to qualified, creditworthy members. The amount of your loan and the term will affect your interest rate. The rate you qualify for will depend on a review of your credit history. Ask for complete details.
NMLS # 411413