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.
Participating Parishes
Parishes NOT Approved with CAFA
Program Highlights
Below market rate
Government rate 6.58%
Freddie Mac/ Fannie Mae 6.98%
Up to 5% DPA
Quicker Under writing
Lenders that are approved for CAFA Bond Hometown Hero First Home Mortgage currently, can find additional resources and program guidelines here.
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 |