Realtors
Working with a borrower who wants to purchase a home, but needs assistance with their down payment? CAFA can be the solution offering up to 7% in down payment assistance through approved CAFA lenders.
Qualifying Factors
620 Credit Score
45% Debt to Income Ratio
Qualifying income limits determined on a per parish basis.
What can my down payment assistance be used for?
Down Payment Towards Loan Amount
Closing Cost
Buying Down the Mortgage Insurance
Prepaid Items (inspections, appraisals etc.)
* limits for Capital Area only, other parishes income limits may vary by program and parish) Click here to see the different programs available from CAFA.
