FAQs

Can I get a mortgage from a CAFA Approved Lender if the house I want to buy is not in Baton Rouge?

Yes. We are currently offering our program in 45 parishes. Click here for a list of the approved parishes.

Do I need to have a certain credit score to get one of your mortgage loans?

Credit requirements vary between the various types of mortgage loans that are available. The company that originates your loan will explain the credit requirements for the specific mortgage program under which you plan to borrow.

I expect to get a big raise soon that will put us over the income threshold. Will I still be eligible for one of your mortgages?

Your family maximum income is calculated from the day you close on your loan to 12 months past that date. For example, if you meet the maximum income requirement on the day that you plan to close on your mortgage, but your spouse is starting a new job with pay that will place you OVER the maximum family income limit, then you might not be eligible for our program.

How do I apply for a mortgage from the Authority?

The Authority’s mortgages are originated through our participating lenders.

CAFA APPROVED LENDERS
1st Phase Mortgage LLC https://www.1stphasemortgage.com
360 Mortgage https://www.360mtg.com/
Acceptance Capital Mortgage Corportation https://www.acceptancecapital.com
Ace Mortgage Company https://www.acemortgagela.com
AFI Mortgage Company https://www.Absolutelowestrate.com
AmCap Mortgage, LTD https://www.amcapbatonrouge.mymortgage-online.com
American South Mortgage Lending https://www.thibodauxhomemortgage.com
Arbor Lending Group LLC https://www.arborlending.net
Area Home Lending https://www.areahomelending.com
Assurance Financial Mortgage https://www.Assurancemortgage.com
B&B Mortgage https://www.bbmortgage.us
BancorpSouth Mortgage https://www.bancorpsouth.com/mortgage
Caliber Home Loans https://www.caliberhomeloans.com
Campus Federal Credit Union https://www.campusfederal.org
Cardinal Financial Group https://www.Cardinalfinancial.com
Crescent City Home Mortgage https://www.mycrescentcity.com/
Crew Lending https://www.crewlending.com
Cross Country Mortgage https://www.crosscountrynola.com
DHI Mortgage https://www.dhimortgage.com
DSLD Mortgage https://www.dsldmortgage.com
DSM https://www.dsmlending.com
Dunn Mortgage & Associates https://www.dunnmortgage.com
E Federal Credit Union https://www.efcufinancial.org
Essential Federal Credit Union https://www.essentialfcu.org
Essential Mortgage https://www.essentilmtg.com
Eustis Mortgage Corp https://www.eustismortgage.com
Fairway Independent Mortgage https://www.fairwayindependentmc.com
Family First Mortgage https://www.familyfirstloan.com
First Access Mortgage https://www.firstaccessmtg.com
First Choice Mortgage, LLC https://www.mortgage225.com
Gateway Mortgage Group https://www.gatewayloan.com
GMFS https://www.Gmfsmortgage.com
Guild Mortgage https://www.guildmortgage.com
Gulf Coast Bank https://www.Gulfbank.com
Home Bank https://www.home24bank.com
Home Federal Bank https://www.hfbla.com/
Home Spire Mortgage https://www.homespiremortgage.com/
Homeowners Mortgage, LLC https://www.homeownersla.com
Integra Mortgage Inc. https://www.integralendinggroup.com
Intertrust Mortgage https://www.intertrustmortgage.com
Key Lending Solutuions https://www.keylendingsolutions.com
LA Home Lending https://www.lahomelendingllc.com
LA Lending, LLC https://www.lalending.net
LA Mortgage Associates https://www.swlahome.com/
Loan Depot https://www.loandepot.com
Louisiana Mortgage Associates https://www.Swlahome.com
Magnolia State Mortgage https://www.magnoliastate.biz
Milestone Mortgage https://www.Milestonela.com
Mortgage Financial Services https://rpriest.mortgagefinancial.com
Movement Mortgage https://www.movement.com
Nations Loan Services https://www.nationsloan.net
Nations Reliable Lending https://www.nrlmortgage.com
NOLA Lending https://www.nolalending.com
Paramount Residential Mortgage https://www.PRMG.net
Patterson State Bank https://www.pattersonstatebank.com
Pelican State Credit Union https://www.pelicanstatecu.com
Performance Mortgage https://www.performancemtg.com
Pierremont Mortgage https://www.pierremontmortgage.com
Planet Home Lending https://www.planethomelending.com
Preferred Lending Solutions https://www.donedealnow.com
Premier Lending https://www.premierlending.org
Premier Nationwide Lending https://www.loansbypremier.com
Prime Lending https://www.primelending.com
Priority Mortgage Lending, Inc. https://www.prioritymtg.com
Progressive Mortgage & Associates https://www.nobsmortgagebroker.com
Red River Bank https://www.redriverbank.net
Regions Bank https://www.regions.com
Reliant Mortgage https://www.reliantapproval.com
Republic State Mortgage https://www.republicstatemortgage.com
Signature Home Lending, LLC https://www.shlending.net
Southwest Funding https://www.southwestfunding.com
Summit Funding, LLC https://www.summitfunding.net
SWBC Mortgage Baton Rouge https://www.Swbcmortgage.com
The Right Choice Mortgage https://www.thercm.net
Total Mortgage https://www.totalmortgage.com
Universal Lending Services, Inc. https://www.ulending.net
US Capital Group of Louisiana, LLC https://www.uscapitalgroup.net
Westin Mortgage Group https://www.westinmortgagegroup.com
Whitney Bank https://www.hancockwhitney.com

How much down payment is required for a mortgage from the Authority?

The down payment that is required can vary from program to program. The Authority’s assistance grant funds can be applied toward a down payment. Some programs require little or no down payment.

We own a home now and want to buy a new one. Are we eligible for a mortgage from the Authority?

Yes, the current program has NO first-time homebuyer requirement.

Can I meet with someone at the Authority to see if I qualify for a mortgage?

The Authority does not provide mortgages directly. All mortgages are originated through one of our participating lenders.

CAFA APPROVED LENDERS
1st Phase Mortgage LLC https://www.1stphasemortgage.com
360 Mortgage https://www.360mtg.com/
Acceptance Capital Mortgage Corportation https://www.acceptancecapital.com
Ace Mortgage Company https://www.acemortgagela.com
AFI Mortgage Company https://www.Absolutelowestrate.com
AmCap Mortgage, LTD https://www.amcapbatonrouge.mymortgage-online.com
American South Mortgage Lending https://www.thibodauxhomemortgage.com
Arbor Lending Group LLC https://www.arborlending.net
Area Home Lending https://www.areahomelending.com
Assurance Financial Mortgage https://www.Assurancemortgage.com
B&B Mortgage https://www.bbmortgage.us
BancorpSouth Mortgage https://www.bancorpsouth.com/mortgage
Caliber Home Loans https://www.caliberhomeloans.com
Campus Federal Credit Union https://www.campusfederal.org
Cardinal Financial Group https://www.Cardinalfinancial.com
Crescent City Home Mortgage https://www.mycrescentcity.com/
Crew Lending https://www.crewlending.com
Cross Country Mortgage https://www.crosscountrynola.com
DHI Mortgage https://www.dhimortgage.com
DSLD Mortgage https://www.dsldmortgage.com
DSM https://www.dsmlending.com
Dunn Mortgage & Associates https://www.dunnmortgage.com
E Federal Credit Union https://www.efcufinancial.org
Essential Federal Credit Union https://www.essentialfcu.org
Essential Mortgage https://www.essentilmtg.com
Eustis Mortgage Corp https://www.eustismortgage.com
Fairway Independent Mortgage https://www.fairwayindependentmc.com
Family First Mortgage https://www.familyfirstloan.com
First Access Mortgage https://www.firstaccessmtg.com
First Choice Mortgage, LLC https://www.mortgage225.com
Gateway Mortgage Group https://www.gatewayloan.com
GMFS https://www.Gmfsmortgage.com
Guild Mortgage https://www.guildmortgage.com
Gulf Coast Bank https://www.Gulfbank.com
Home Bank https://www.home24bank.com
Home Federal Bank https://www.hfbla.com/
Home Spire Mortgage https://www.homespiremortgage.com/
Homeowners Mortgage, LLC https://www.homeownersla.com
Integra Mortgage Inc. https://www.integralendinggroup.com
Intertrust Mortgage https://www.intertrustmortgage.com
Key Lending Solutuions https://www.keylendingsolutions.com
LA Home Lending https://www.lahomelendingllc.com
LA Lending, LLC https://www.lalending.net
LA Mortgage Associates https://www.swlahome.com/
Loan Depot https://www.loandepot.com
Louisiana Mortgage Associates https://www.Swlahome.com
Magnolia State Mortgage https://www.magnoliastate.biz
Milestone Mortgage https://www.Milestonela.com
Mortgage Financial Services https://rpriest.mortgagefinancial.com
Movement Mortgage https://www.movement.com
Nations Loan Services https://www.nationsloan.net
Nations Reliable Lending https://www.nrlmortgage.com
NOLA Lending https://www.nolalending.com
Paramount Residential Mortgage https://www.PRMG.net
Patterson State Bank https://www.pattersonstatebank.com
Pelican State Credit Union https://www.pelicanstatecu.com
Performance Mortgage https://www.performancemtg.com
Pierremont Mortgage https://www.pierremontmortgage.com
Planet Home Lending https://www.planethomelending.com
Preferred Lending Solutions https://www.donedealnow.com
Premier Lending https://www.premierlending.org
Premier Nationwide Lending https://www.loansbypremier.com
Prime Lending https://www.primelending.com
Priority Mortgage Lending, Inc. https://www.prioritymtg.com
Progressive Mortgage & Associates https://www.nobsmortgagebroker.com
Red River Bank https://www.redriverbank.net
Regions Bank https://www.regions.com
Reliant Mortgage https://www.reliantapproval.com
Republic State Mortgage https://www.republicstatemortgage.com
Signature Home Lending, LLC https://www.shlending.net
Southwest Funding https://www.southwestfunding.com
Summit Funding, LLC https://www.summitfunding.net
SWBC Mortgage Baton Rouge https://www.Swbcmortgage.com
The Right Choice Mortgage https://www.thercm.net
Total Mortgage https://www.totalmortgage.com
Universal Lending Services, Inc. https://www.ulending.net
US Capital Group of Louisiana, LLC https://www.uscapitalgroup.net
Westin Mortgage Group https://www.westinmortgagegroup.com
Whitney Bank https://www.hancockwhitney.com

You should contact one of them to determine eligibility. This web site discusses some of the basic eligibility requirements.

Can I get a variable rate mortgage from the Authority?

No. The Authority’s program is for 30-year fixed-rate mortgages.