CAFA First Home Program
Funding status: Active
How much assistance
Down payment and closing cost assistance with below-market interest rate mortgage (Grant)
No repayment required on grant assistance.
Eligibility
- Income limits: Must meet program income limits based on parish of purchase.
- First-time buyer required: Yes — Must not have owned a home in the past 3 years.
- Credit score minimum: 640
- Geographic restrictions: Available in East Baton Rouge Parish and the surrounding nine-parish capital region.
- Homebuyer education required: No
How to Apply for CAFA First Home Program
Step 1: Apply through a CAFA participating lender. The program pairs a lower interest rate first mortgage with direct financial assistance for down payment and closing costs.
Notes
Specifically for first-time buyers. Pairs below-market interest rates with down payment assistance.