FNO Program Highlights
FNO Green DPA Programs | At-A-Glance
FNO Green DPA Programs | At-A-Glance
| AVAILABLE PROGRAMS | FNO Green Mortgage Program |
| QUESTIONS | Questions |
| ELIGIBLE AREA | Within City limits of New Orleans. |
| ELIGIBLE BORROWER(S) | No first-time buyer requirement |
| RATES | See Chart |
| DPA AVAILABLE | See Chart |
| LOAN TYPE | See Chart |
| INCOME LIMITS | Income and Loan Limit |
| TIMELINE REQUIREMENTS | 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing. |
| HOMEBUYER EDUCATION | Homebuyer Education |
| CO-SIGNORS | Not permitted |
| PROGRAM GUIDELINES | Green Mortgage Guidelines |
| PARTICIPATING LENDERS | Participating Lenders |
Today’s Rates & Offerings
FNO Green DPA Program | Rates and Offerings
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[ Business Days 9:00am - 4:00 pm CT ] |
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|---|---|---|---|---|---|
| GOVERNMENT | |||||
| Offering | FICO | DPA | Lock Rate | ||
| FHA, VA | 660 | <=$25,000 | 6.500% | ||
| FHA, VA >80% | <=$25,000 | 6.500% | |||
| CONVENTIONAL – Fannie Mae & Freddie Mac | |||||
| Offering | FICO | DPA | Lock Rate | ||
| Conventional 80% | 640 | <=$25,000 | 6.750% | ||
| Conventional >80% | <=$25,000 | 6.875% | |||