We Use Cookies
Cookies help us enhance your experience on our website and enable us to monitor and retain your interactions with it. By continuing, you consent to our use of cookies. For more details, please refer to our Privacy Policy.
Financial assistance for down payments and closing costs in Louisiana, helping low to moderate-income individuals and families achieve homeownership.
Offers up to 5% for your down payment, making homeownership more affordable.
CAFA Platinum welcomes all buyers, not just first-time homebuyers.
The program offers mortgages with competitive rates.
Experience: Leading community lender since 1988
Reliability: We hold over 90% of our loans
Flexibility: We offer a variety of loan options tailored to your specific needs
Coverage: Licensed in all 50 states and the District of Columbia
The CAFA Platinum program is a down payment assistance initiative designed to help low to moderate-income individuals and families in Louisiana achieve homeownership. It provides up to 5% of the loan amount as assistance in the form of a second mortgage.
Eligibility is open to all homebuyers, not just first-time buyers. Applicants must meet income and credit requirements, which vary based on the type of mortgage and the property's location.
The funds provided through the CAFA Platinum program can be used for down payment, closing costs, or both, offering flexibility to homebuyers.
The assistance is provided as a second mortgage. Specific repayment terms, including the possibility of forgiveness, vary and are determined at the time of loan approval.
Eligible property types include single-family homes, townhomes, and condominiums. Manufactured homes may also qualify if they meet specific program guidelines.