CAFA Platinum
Powered By Land Home Financial Services LLC
CAFA Platinum homebuyer assistance program is designed to increase homeownership opportunities for low to moderate income individuals & families by offering down payment and closing cost assistance to homebuyers in Louisiana. Provides assistance in the form of a soft second mortgage up to 5% of the final loan amount. This program is not limited to first time homebuyers and can be uses for down payment and closing costs. You will need to approved with Land Home Financial Services in order to offer this program.
Program Highlights
Quicker closing (UW is done in-house)
No additional bond or compliance packages required
Qualifying income NOT Household income used to qualify
Up to 5% Down Payment Assistance
No QM restrictions
Higher DTI (NO Ratio) and NO loan level pricing adjustments
CAFA Platinum 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 |
|---|---|---|---|
| Acadia | $61,920 | $86,480 | $108,360 |
| Allen | $52,480 | $86,480 | $91,840 |
| Ascension | $66,320 | $95,795 | $116,060 |
| Assumption | $66,320 | $86,480 | $116,060 |
| Avoyelles | $46,320 | $86,480 | $81,060 |
| Beauregard | $65,360 | $93,955 | $114,380 |
| Bienville | $46,320 | $86,480 | $114,380 |
| Bossier | $55,600 | $86,480 | $81,060 |
| Caddo | $55,600 | $86,480 | $81,060 |
| Calcasieu | $65,360 | $86,480 | $114,380 |
| Caldwell | $54,080 | $86,480 | $94,640 |
| Cameron | $65,360 | $93,955 | $114,380 |
| Catahoula | $50,880 | $86,480 | $89,040 |
| Claiborne | $46,320 | $86,480 | $81,060 |
| Concordia | $46,320 | $86,480 | $81,060 |
| DeSoto | $55,600 | $86,480 | $81,060 |
| East Baton Rouge | $66,320 | $95,795 | $116,060 |
| East Carroll | $46,320 | $86,480 | $81,060 |
| East Feliciana | $66,320 | $95,795 | $116,060 |
| Evangeline | $46,320 | $86,480 | $81,060 |
| Franklin | $46,320 | $86,480 | $81,060 |
| Grant | $50,240 | $86,480 | $87,920 |
| Iberia | $61,920 | $86,480 | $108,360 |
| Iberville | $66,320 | $95,795 | $116,060 |
| Jackson | $48,960 | $86,480 | $85,680 |
| Jefferson Davis | $65,840 | $86,480 | $102,620 |
| Lafayette | $61,920 | $94,990 | $108,360 |
| Lafourche | $65,040 | $93,495 | $113,820 |
| LaSalle | $61,040 | $87,745 | $106,820 |
| Lincoln | $51,040 | $86,480 | $89,320 |
| Livingston | $66,320 | $95,795 | $116,060 |
| Madison | $46,320 | $86,480 | $81,060 |
| Morehouse | $49,200 | $86,480 | $86,100 |
| Natchitoches | $48,400 | $86,480 | $84,700 |
| Ouachita | $49,200 | $86,480 | $86,100 |
| Pointe Coupee | $66,320 | $95,795 | $116,060 |
| Rapides | $50,240 | $86,480 | $87,920 |
| Red River | $49,360 | $86,480 | $86,380 |
| Richland | $47,200 | $86,480 | $82,600 |
| Sabine | $48,360 | $86,480 | $85,120 |
| St. Bernard | $65,480 | $94,300 | $115,200 |
| St. Charles | $65,840 | $94,300 | $115,200 |
| St. Helena | $66,320 | $95,795 | $116,060 |
| St. James | $65,840 | $94,645 | $115,200 |
| St. John | $65,840 | $94,300 | $115,200 |
| St. Landry | $46,320 | $86,480 | $81,060 |
| St. Martin | $61,920 | $94,990 | $108,360 |
| St. Mary | $49,760 | $86,480 | $87,080 |
| St. Tammany | $65,840 | $94,300 | $115,200 |
| Tangipahoa | $62,880 | $90,390 | $110,040 |
| Tensas | $46,320 | $86,480 | $81,060 |
| Terrebonne | $65,040 | $93,495 | $113,820 |
| Union | $49,200 | $86,480 | $86,100 |
| Vermillion | $61,920 | $88,895 | $108,360 |
| Vernon | $55,120 | $86,480 | $96,460 |
| Washington | $46,320 | $86,480 | $81,060 |
| Webster | $46,320 | $86,480 | $81,060 |
| West Baton Rouge | $66,320 | $95,795 | $116,060 |
| West Carroll | $51,360 | $86,480 | $89,880 |
| West Feliciana | $66,320 | $95,795 | $116,060 |
| Winn | $49,600 | $86,480 | $86,800 |