The EBRMFA’s Capital Advantage Program is providing a competitive 30 year – fixed rate mortgage with a
non-repayable down payment assistance grant of up to 5% to qualifying families throughout EBR. Details below:
·
Can be used towards down payment and closing costs· Eligible loan programs include FHA, USDA and VA
· 640 Minimum credit score
· Maximum debt ratio of 45%
· Income limit of $76,360 for borrower only (does not include spouse)
· DO NOT have to be a first time homebuyer
Post courtesy of the Louisiana Homes and Land Group at Keller Williams Red Stick Partners
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Louisiana Homes and Land Team
Keller Williams Realty Red Stick Partners
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(NO COST TO HOME BUYERS)
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