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.

Map of Parishes Participating in CAFA Bond Hometown Hero First Home Mortgage
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.
PROGRAM MATRIX

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 $59,840
Ascension $83,300 $95,795 $99,960 $116,620 $69,440
Assumption $75,200 $86,480 $90,240 $105,280 $69,440
Avoyelles $75,200 $86,480 $90,240 $105,280 $47,520
Beauregard $81,700 $93,955 $98,040 $114,380 $70,080
Bienville $75,200 $86,480 $90,240 $105,280 $47,520
Bossier $75,200 $86,480 $90,240 $105,280 $60,160
Caddo $75,200 $86,480 $90,240 $105,280 $60,160
Calcasieu $81,700 $93,955 $98,040 $114,380 $63,200
Caldwell $75,200 $86,480 $90,240 $105,280 $57,200
Cameron $81,700 $93,955 $98,040 $114,380 $63,200
Catahoula $75,200 $86,480 $90,240 $105,280 $54,160
Claiborne $75,200 $86,480 $90,240 $105,280 $47,520
Concordia $75,200 $86,480 $90,240 $105,280 $47,520
East Baton Rouge $83,300 $95,795 $99,960 $116,620 $69,440
East Carroll $75,200 $86,480 $90,240 $105,280 $47,520
East Feliciana $83,300 $95,795 $99,960 $116,620 $69,440
Evangeline $75,200 $86,480 $90,240 $105,280 $47,520
Franklin $75,200 $86,480 $90,240 $105,280 $47,520
Grant $75,200 $86,480 $90,240 $105,280 $59,360
Iberia $75,200 $86,480 $90,240 $105,280 $59,840
Iberville $75,200 $86,480 $90,240 $105,280 $69,440
Jefferson Davis $75,200 $86,480 $90,240 $105,280 $60,800
Lafourche $81,300 $93,495 $97,560 $113,820 $63,680
LaSalle $76,300 $87,745 $91,560 $106,820 $63,280
Lincoln $75,200 $86,480 $90,240 $105,280 $49,760
Livingston $83,300 $95,795 $99,960 $116,620 $69,440
Madison $75,200 $86,480 $90,240 $105,280 $47,520
Morehouse $75,200 $86,480 $90,240 $105,280 $51,360
Natchitoches $75,200 $86,480 $90,240 $105,280 $52,320
Ouachita $75,200 $86,480 $90,240 $105,280 $51,360
Plaquemines $69,680
Pointe Coupee $83,300 $95,795 $99,960 $116,620 $69,440
Rapides $75,200 $86,480 $90,240 $105,280 $59,360
Red River $75,200 $86,480 $90,240 $105,280 $48,320
Sabine $75,200 $86,480 $90,240 $105,280 $49,120
St. Bernard $82,000 $94,300 $98,400 $114,800 $69,680
St. Charles $82,000 $94,300 $98,400 $114,800 $69,680
St. Helena $83,300 $95,795 $99,960 $116,620 $69,440
St. James $82,300 $94,645 $98,760 $115,220 $69,680
St. John the Baptist $82,000 $94,300 $98,400 $114,800 $69,680
St. Landry $75,200 $86,480 $90,240 $105,280 $47,520
St. Martin $82,600 $94,990 $99,120 $115,640 $59,840
St. Mary $75,200 $86,480 $90,240 $105,280 $53,600
St. Tammany $82,000 $94,300 $98,400 $114,800 $69,680
Tangipahoa $78,600 $90,390 $94,320 $110,040 $61,040
Tensas $75,200 $86,480 $90,240 $105,280 $47,520
Terrebonne $81,300 $93,495 $97,560 $113,820 $63,680
Union $75,200 $86,480 $90,240 $105,280 $51,360
Vermillion $77,300 $88,895 $92,760 $108,220 $59,840
Vernon $75,200 $86,480 $90,240 $105,280 $55,520
Washington $75,200 $86,480 $90,240 $105,280 $47,520
Webster $75,200 $86,480 $90,240 $105,280 $47,520
West Carroll $77,400 $89,010 $89,010 $108,360 $53,840
Winn $77,400 $89,010 $89,010 $108,360 $48,880