JPFA Southern Mortgage Assistance Program

How much assistance

Grant of 3% or 4% of loan amount for down payment and closing costs (Grant)

No repayment required.

Eligibility

• Income limits: $69,000 maximum annual income for FHA/VA/RHS loans; $99,000 maximum for Freddie Mac HFA Advantage conventional loans.
• First-time buyer required: No
• Credit score minimum: 640
• Geographic restrictions: Available in Jefferson, St. Charles, St. Tammany, and St. Bernard Parishes.
• Homebuyer education required: No

How to Apply for JPFA Southern Mortgage Assistance Program

Notes

Grant percentage depends on loan type: 3% or 4% for FHA/VA/RHS loans; 3% for Freddie Mac HFA Advantage. Serves multiple parishes in the Greater New Orleans area.

Cities Where This Program Is Available

• Chalmette, LA
• Terrytown, LA
• Marrero, LA
• Metairie, LA
• Kenner, LA