CAFA Bond Hometown Hero First Home Mortgage

The borrower receives a 30-year, fixed rate, fully amortizing first mortgage loan with 360 level monthly payments as well as an assistance payment equal to 5% of the total note amount to apply toward down payment or closing costs and pre-paids.

BUYERS MUST MEET THESE ELIGIBILITY REQUIREMENTS TO QUALIFY:

  • Minimum FICO Score of 620 *660 for US Bank

  • Debt to Income Ratio up to 55% *45% for US Bank

  • Maximum Loan Amount for FHA $472,030

  • Maximum Loan Amount for Freddie Mac $726,200

  • Meet Program Income Limits by Parish

  • Qualifying Education Professions
    Be currently employed in a K-12 public, charter, private, parochial or parish continuation school or it’s school district.

    • Administrators
    • Deans and Counselors
    • Office Staff
    • School Psychologists
    • School Social Workers
    • School Nurses
    • School Lunchroom Staff
    • School Paraprofessionals
    • School Coaches
    • School Custodians and Maintenance Staff
    • School Librarians and Media Specialists
    • School Bus Drivers
    • School Office Staff

  • Qualifying First Responder Professionals

    • Firefighters
    • Probationary Firefighters
    • EMTs
    • Paramedics
    • Drivers Engineers
    • Fire Dispatchers
    • Field Chiefs
    • Lieutenants
    • Captains
    • Fire and EMT Office Staff
    • Fire and EMT Maintenance Staff
    • Volunteer Firefighters
    • Police Officers
    • Detectives
    • Bailiffs
    • Corrections Officers
    • Detention Deputies
    • Border Patrol Agents
    • Crime Scene Technicians
    • Criminologist
    • Crime Lab Analysts
    • Parole Officers
    • Dispatchers
    • Park Rangers
    • Law Enforcement Office Staff
    • Substance Abuse Counselor

  • Qualifying Healthcare Professionals

    • Nurses (RN, LPN, NP)
    • Respiratory Therapists
    • CNAs
    • Doctors
    • Medical Assistants
    • Medical Staff,
    • Specialists
    • Orthodontist
    • Endoscopy/Radiology Techs
    • Lab Techs
    • Chiropractors
    • Dentists
    • Hospital
    • Employees
    • Pharmacists.
    • Veterans and Active Military
Map of Parishes Participating in CAFA Bond Hometown Hero First Home Mortgage
Participating Parishes
Parishes NOT Approved with CAFA

CAFA Bond Hometown Hero First Home Mortgage Income Limits By Parish

Parish Non-Targeted Loans Over 80% AMI: 1-2 Person Households Non-Targeted Loans Over 80% AMI: 3+ Person Households Targeted Loans Over 80% AMI: 1-2 Person Households Targeted Loans Over 80% AMI: 3+ Person Households Conventional Loans 80% AMI or Less
Acadia $75,200 $86,480 $90,240 $105,280 $61,920
Ascension $83,300 $95,795 $99,960 $116,620 $66,320
Assumption $75,200 $86,480 $90,240 $105,280 $66,320
Avoyelles $75,200 $86,480 $90,240 $105,280 $46,320
Beauregard $81,700 $93,955 $98,040 $114,380 $65,360
Bienville $75,200 $86,480 $90,240 $105,280 $46,320
Bossier $75,200 $86,480 $90,240 $105,280 $55,600
Caddo $75,200 $86,480 $90,240 $105,280 $55,600
Calcasieu $81,700 $93,955 $98,040 $114,380 $65,360
Caldwell $75,200 $86,480 $90,240 $105,280 $54,080
Cameron $81,700 $93,955 $98,040 $114,380 $65,360
Catahoula $75,200 $86,480 $90,240 $105,280 $50,880
Claiborne $75,200 $86,480 $90,240 $105,280 $46,320
Concordia $75,200 $86,480 $90,240 $105,280 $46,320
East Baton Rouge $83,300 $95,795 $99,960 $116,620 $66,320
East Carroll $75,200 $86,480 $90,240 $105,280 $46,320
East Feliciana $83,300 $95,795 $99,960 $116,620 $66,320
Evangeline $75,200 $86,480 $90,240 $105,280 $46,320
Franklin $75,200 $86,480 $90,240 $105,280 $46,320
Grant $75,200 $86,480 $90,240 $105,280 $50,240
Iberia $75,200 $86,480 $90,240 $105,280 $61,920
Iberville $75,200 $86,480 $90,240 $105,280 $66,320
Jefferson Davis $75,200 $86,480 $90,240 $105,280 $65,840
Lafourche $81,300 $93,495 $97,560 $113,820 $65,040
LaSalle $76,300 $87,745 $91,560 $106,820 $61,040
Lincoln $75,200 $86,480 $90,240 $105,280 $51,040
Livingston $83,300 $95,795 $99,960 $116,620 $66,320
Madison $75,200 $86,480 $90,240 $105,280 $46,320
Morehouse $75,200 $86,480 $90,240 $105,280 $49,200
Natchitoches $75,200 $86,480 $90,240 $105,280 $48,400
Ouachita $75,200 $86,480 $90,240 $105,280 $49,200
Pointe Coupee $83,300 $95,795 $99,960 $116,620 $66,320
Rapides $75,200 $86,480 $90,240 $105,280 $50,240
Red River $75,200 $86,480 $90,240 $105,280 $49,360
Sabine $75,200 $86,480 $90,240 $105,280 $48,640
St. Bernard $82,000 $94,300 $98,400 $114,800 $65,840
St. Charles $82,000 $94,300 $98,400 $114,800 $65,840
St. Helena $83,300 $95,795 $99,960 $116,620 $66,320
St. James $82,300 $94,645 $98,760 $115,220 $65,840
St. John the Baptist $82,000 $94,300 $98,400 $114,800 $65,840
St. Landry $75,200 $86,480 $90,240 $105,280 $46,320
St. Martin $82,600 $94,990 $99,120 $115,640 $61,920
St. Mary $75,200 $86,480 $90,240 $105,280 $49,760
St. Tammany $82,000 $94,300 $98,400 $114,800 $65,840
Tangipahoa $78,600 $90,390 $94,320 $110,040 $62,880
Tensas $75,200 $86,480 $90,240 $105,280 $46,320
Terrebonne $81,300 $93,495 $97,560 $113,820 $65,040
Union $75,200 $86,480 $90,240 $105,280 $49,200
Vermillion $77,300 $88,895 $92,760 $108,220 $61,920
Vernon $75,200 $86,480 $90,240 $105,280 $55,120
Washington $75,200 $86,480 $90,240 $105,280 $46,320
Webster $75,200 $86,480 $90,240 $105,280 $46,320

CAFA Bond Hometown Hero First Home Mortgage Approved Lenders

Lender Website
Fairway Independent Mortgage https://www.fairwayindependentmc.com
Guaranteed Rate https://www.rate.com
Guild Mortgage https://www.guildmortgage.com
Red River Bank https://www.redriverbank.net
Southwest Funding https://www.southwestfunding.com
The Mortgage Firm www.themortgagefirm.com