Series 2023 Single Family Mortgage Revenue Bond Program
30-year, fixed rate first mortgages for First Time Homebuyers:
- FHA, VA, or USDA mortgage rate: 6.20%
- Freddie Mac or Fannie Mae mortgage rate: 6.42%
- 4% down payment assistance provided to borrower(s) in the form of a 0% interest, deferred second mortgage
- Forgiven after 5 years
- Please refer to Program Guidelines for income limits
Servicer: Standard Mortgage Corporation
Program Administrator: Jefferson Parish Finance Authority
Minimum for all loan types:
Calculated per Program Guidelines
Income is calculated per Agency guidelines.
Program Guidelines and Exhibits for participating lenders are coming soon!
Borrowers: Contact a Lender To Apply
JPFA does not accept applications for the programs we offer. In order to apply for the Series 2023 Single Family Mortgage Revenue Bond program, you need to go through a qualified lender.
Lenders: Become a Qualified Lender for the Series 2023 Single Family Mortgage Revenue Bond Program
Looking to become a qualified lender for the Series 2023 Single Family Mortgage Revenue Bond program?