Jefferson Parish FA Program Highlights
Jefferson Parish FA, Comfort of Home | At-A-Glance
Jefferson Parish FA, Comfort of Home | At-A-Glance
| AVAILABLE PROGRAMS | Comfort of Home |
| QUESTIONS | Questions |
| ELLIGIBLE AREA | Jefferson, St. Tammany, St. Charles, St. Bernard and Plaquemines Parishes |
| ELIGIBLE BORROWER(S) | No first-time buyer requirement |
| RATES | See Chart |
| DPA AVAILABLE | See Chart |
| LOAN TYPE | See Chart |
| INCOME LIMITS | Income Limits |
| PURCHASE LIMITS | There are no purchase price limits in this program. Follow Agency (FHA, USDA-RD, VA and Freddie Mac) guidelines for maximum loan limits. |
| TIMELINE REQUIREMENTS | 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing. |
| HOMEBUYER EDUCATION | Homebuyer Education |
| CO-SIGNORS | Co-Signer and Non-Occupant Co-Borrowers are permitted by the program subject to the Lender following all applicable loan agency and US Bank guidelines. |
| PROGRAM GUIDELINES | Guidelines |
| PARTICIPATING LENDERS | Participating Lenders |
Today’s Rates & Offerings [ Business Days 9:00am – 7:00pm CT ]
Jefferson Parish FA, Comfort of Home | Rates & Offerings
| GOVERNMENT | |||||
| Offering | FICO | DPA | Lock Rate | ||
| FHA, VA, USDA | 640 | 0% | 7.125% | ||
| 2% | 7.500% | ||||
| 3% | 7.625% | ||||
| 4% | 7.750% | ||||
| 5% | n/a | ||||
| Conventional – 80% AMI (Fannie and Freddie) | |||||
| Offering | FICO | DPA | Lock Rate | ||
| Fannie Mae 80% AMI Freddie Mac 80% AMI | 640 | 0% | 7.250% | ||
| 2% | 7.500% | ||||
| 3% | 7.625% | ||||
| 4% | 7.750% | ||||
| Conventional – Over 80% AMI (Fannie) | |||||
| Offering | FICO | DPA | Lock Rate | ||
| Fannie Mae OVER 80% AMI | 640 | 0% | 7.375% | ||
| 2% | 7.625% | ||||
| 3% | n/a | ||||