Capital Advantage Program-PLUS

Powered By US Bank administered by eHousing Plus

The program offers 30-year fixed-rate FHA, VA, USDA, and Freddie Mac’s HFA AdvantageSM mortgage loans with financial assistance in the form of an amortized second loan which can be used for down payment or closing costs.

Second loans are a 20 year term and provides up to 5% of the final first mortgage loan amount.

BUYERS MUST MEET THESE ELIGIBILITY REQUIREMENTS TO QUALIFY:

  • Minimum FICO 640

  • Debt Income Ratio up to 50%

  • Maximum Loan amount for FHA $420,680 and conventional $726,200

  • Meet Program income limits based on Parish

Map of Parishes Participating in Capital Advantage Program-PLUS
Participating Parishes
Parishes NOT Approved with CAFA

Capital Advantage Program-PLUS Income Limits By Parish

Parish Conventional Income Limits for All Borrowers 80% and below AMI FHA, VA, USDA Income Limit for all Borrowers Conventional Income Limits for All Borrowers 80% and above AMI

Capital Advantage Program-PLUS Approved Lenders

Lender Website