Homeownership Hub
Explore what's available
Homebuyer Assistance Links & Resources
Different forms of mortgage and down payment assistance are available, in the form of grants, soft second mortgages, lender-provided incentives, and affordable housing programs. These resources can help you turn your dream into your reality. Your REALTOR® can help you connect with these programs and more.
QUICK FACTS
Area Median Income (AMI)
AMI is the midpoint of income for households for a geographic area. It differs based on your household size and is used to determine eligibility for many assistance programs.
Soft Second Mortgage
A soft second mortgage is a type of assistance that is used for down payment and closing costs. These loans are given at 0% interest and are frequently forgivable, if the buyer remains in the home for a certain amount of time.
Conventional vs. Federal loans
Conventional loans, from private lenders, typically require stronger credit and higher down payments, but may offer better interest rates. Federal loans are government-backed, which means lenders may be able to accommodate a wider range of credit scores and a lower down payment. Some federal loan types include FHA, VA, and USDA.
A message from our partners at Gulf Coast Bank & Trust Company Home Loans:
June is National Homeownership Month!
At Gulf Coast Bank Home Loans, we believe everyone deserves a place to call home. As a proud community lender, our priority is supporting the communities we serve—and that starts with helping more people achieve the dream of homeownership.
Gulf Coast Bank Home Loans partners with trusted local organizations like the Louisiana Housing Corporation (LHC) and the Capital Area Finance Authority (CAFA) to provide grants, bonds, soft-second mortgages, and other down payment assistance programs. These tools help bridge the gap for borrowers by helping cover down payments, closing costs, and prepaid items—making homeownership more affordable and accessible. You can learn more about available loan options and assistance programs at https://www.gulfbank.com/home-loan-programs.
We are grateful for our community partners- the real estate agents and the settlement agents- that are all working with us to advocate for the underserved and break down the barriers to homeownership for all. Let’s work together to build stronger communities, one home at a time.
Gulf Coast Bank Trust & Co | Co NMLS 450086 | Member FDIC | Equal Housing Lender
guides for homebuyers
Assistance Programs
Buying or keeping a home can be financially challenging—but you may not have to do it alone. There are assistance programs designed to help.
Learn More
Overcoming Barriers to Homeownership
Saving for a down payment? Managing debt? A REALTOR® can help you overcome the barriers to entry you may be facing.
Learn More
Preparing for Homeownership
Whether you are a first-time buyer or planning your next move, here's what prospective buyers should know to prepare for the home purchase process.
Learn More
Buying Your First Home
You’re ready to find your first home. Find out where to begin and what resources are available to you as you embark on your homeownership journey.
Learn More
More guides are available, to answer your questions on all aspects on the homebuying and selling process, from mortgage options, to unpacking escrow and earnest money, to understanding flood insurance, and more.
VIDEO: How REALTORS® advance homeownership
2025 NOMAR President Ginger Wiggins on Affordable Housing Matters with Norman Robinson.
Getting set up for success
Homebuyer Education Courses
Homebuyer education courses help you prepare for the different aspects of homeownership. Some assistance programs require homebuyer education or financial fitness training as a condition of receiving assistance.
The organizations below are local to our region and approved for various assistance programs. Their housing counselors can work alongside your REALTOR® to make sure you are well-equipped for all of the joys, challenges, and pride that comes with owning a home.
programs By parish
-
Up to 4% down payment and closing cost assistance provided to borrower(s) in form of soft second mortgage
-
Assistance is in the form of a 0% interest, deferred second mortgage
-
Forgiven after 5 years
- Credit score:
-
FHA, VA, and USDA Loans:
At least 640 -
Fannie Mae and Freddie Mac:
At least 640
-
- Income Limits:
-
FHA, USDA_RHD, VA, and Fannie Mae HFA Preferred:
-
Less than $125,720
- Fannie Mae HFA Preferred and Freddie Mac HFA Advantage:
Less than $69,440
-
- May be combined with the Heroes to Homeowners and Welcome to Jefferson programs.
- More information
- Gulf Coast Bank & Trust Company
- CMG Financial
- Eustis Mortgage
- Hancock Whitney
- Movement Mortage
- NOLA Lending Group
- A grant that provides $2,500 for individuals currently employed in education, healthcare, first responders, and members of the military.
- Requirements:
- Property purchased must be located in Jefferson Parish.
- Proof of employment in qualifying occupations or veteran/active military status.
- Must be used with an existing JPFA financing program (Comfort of Home or Series 2023 Single Family Mortgage Revenue Bond Program.)
Click here for more information.
- A Soft Second Loan of 4% of the mortgage amount
- Reduced Mortgage Insurance for Conventional Loans
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Property cannot be located in a flood zone
- Income limit: At or below 80% of the Area Median Income (AMI)
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- America's Mortgage Resource
- CrossCountry Mortgage
- First Horizon Bank
- Guaranteed Rate
- Hancock Whiney
- NOLA Lending
- Standard Mortgage
- Grant of 5%-9% of final loan amount to cover closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer or have not owned a home in 3 years
- Homebuyer education course
- Income limit: 80% AMI
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- First Horizon Bank
- Movement Mortgage
- NOLA Lending
- Prime Lending
- Regions Bank
- Standard Mortgage
- The Mortgage Firm
- Soft Second Loan of 20% of the purchase price up to $55,000 per household and up to $5,000
grant for Closing Costs for a total of up to $60,000 - Forgiven after 10 years of occupancy
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer
- Borrower required to invest the greater of 1% of the purchase or $1500.
- Income limit: At or below 80% AMI
- If the property is in a Targeted Area (Qualified Census Tract), the annual income may go up to 140% of the median income
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- First Horizon Bank
- Movement Mortgage
- NOLA Lending
- Prime Lending
- Regions Bank
- Standard Mortgage
- The Mortgage Firm
- A Soft Second Loan of 4% of the mortgage amount for down payment and closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Property cannot be located in a flood zone
- Income limit: At or below 80% AMI
- If the property is in a Targeted Area (Qualified Census Tract), the annual income may go up to 140% of the median income
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- First Horizon Bank
- Movement Mortgage
- NOLA Lending
- Prime Lending
- Regions Bank
- Standard Mortgage
- The Mortgage Firm
- A Soft Second Loan of 3-4% of the mortgage amount
- Forgiven after 3 years with owner-occupancy
- Reduced Mortgage Insurance for Conventional Loans (80% and below AMI)
- First-time and repeat homebuyers allowed
- Requirements:
- Homebuyer education course
- Single-family or double
- Income limit: $99,000
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- First Horizon Bank
- Movement Mortgage
- Prime Lending
- A Soft Second Loan of 20% of the purchase price up to $55,000.
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Property cannot be located in a flood zone
- Income limit: At or below 80% of the Area Median Income (AMI)
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- First Horizon Bank
- Prime Lending
- Regions Bank
- 30-year, fixed rate first mortgages for First Time Homebuyers:
-
FHA, VA, or USDA mortgage rate: 6.10%
- Freddie Mac or Fannie Mae mortgage rate: 6.32%
- 4% down payment assistance provided to borrower(s) in the form of a 0% interest, deferred second mortgage
- Forgiven after 5 years
-
- Credit score: 640 for all loan types
- Income limit: Variable
- Property purchased must be located in Jefferson or St. Tammany Parish
- More information
- Gulf Coast Bank & Trust Company
- CMG Financial
- Eustis Mortgage
- Hancock Whitney
- Movement Mortgage
- OnPath
- Standard Mortgage Corporation
- $2,500 grant (effective 10.21.24 through 6.30.25).
- Requirements:
- Property purchased must be located in Jefferson Parish.
- Must be used with an existing JPFA financing program (Comfort of Home or Series 2023 Single Family Mortgage Revenue Bond Program.)
- Requirements:
- Soft second mortgage of up to $55,000 in and up to $5,000 in closing cost assistance (up to a maximum of 50% of purchase price and 50% closing costs)
- Forgiven after 10 years of occupancy
- Requirements:
- First-time Homebuyer or have not owned a home in the past 3 years
- Income limit: up to 80% AMI
- Must contribute a minimum of 1% of the sale price or $1,500 (whichever is
less) and must have liquid assets equal to at least one month of proposed household
expenses after closing costs - Homebuyer Education course (HUD approved)
- More information
- Gulf Coast Bank & Trust Company
- Eustis Mortgage
- First Horizon
- Hancock Whitney
- Home Bank
- Metairie Bank
- NOLA Lending
- 0% interest second mortgage of 20% of the purchase price up to $55,000 and up to $5,000 for Closing Costs for a total of up to $60,000.
- $2,500 Green Home Improvement Stipend
- Energy Efficiency Whole Home Assessment
- Requirements:
- Income limit: up to 140% AMI
-
Buyers < 80% AMI – 0% Interest, 5-Year forgivable loan
-
Buyers 81-140% AMI – 0% Interest, 30-Year non-forgivable loan with option to defer repayment
-
- Homebuyer Education course
- Schedule a home energy efficiency assessment with Energy Smart prior to closing
- Remain in the home as primary residence until homebuyer assistance is repaid in full or forgiven (depending on income eligibility)
- Income limit: up to 140% AMI
- More information
- Eustis Mortgage
- Hancock Whitney
- First-time homebuyer or have not owned a home for three (3) years.
- Requires:
- 50 hours of volunteer work ("sweat equity") with Habitat
- Savings equal to the first year of taxes and insurance for the home
- Homebuyer education classes
- Past-due debts paid down to $0 before closing.
The program typically takes 18 months to complete. Click here to fill out the interest form.
- A Soft Second Loan of 4% of the mortgage amount
- Reduced Mortgage Insurance for Conventional Loans
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Property cannot be located in a flood zone
- Income limit: At or below 80% of the Area Median Income (AMI)
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- First Horizon Bank
- Movement Mortgage
- NOLA Lending
- Prime Lending
- Regions Bank
- Standard Mortgage
- The Mortgage Firm
- Grant of 5%-9% of final loan amount to cover closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer or have not owned a home in 3 years
- Homebuyer education course
- Income limit: 80% AMI
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- CrossCountry Mortgage
- Eustis Mortgage
- First Horizon
- NOLA Lending
- Regions Bank
- Standard Mortgage
- Soft Second Loan of 20% of the purchase price up to $55,000 per household and up to $5,000
grant for Closing Costs for a total of up to $60,000 - Forgiven after 10 years of occupancy
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer
- Borrower required to invest the greater of 1% of the purchase or $1500.
- Income limit: At or below 80% AMI
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- CrossCountry Mortgage
- Eustis Mortgage
- First Horizon
- NOLA Lending
- Regions Bank
- Standard Mortgage
- A Soft Second Loan of 4% of the mortgage amount for down payment and closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Homebuyer education course
- Property cannot be located in a flood zone
- Income limit: At or below 80% AMI
- If the property is in a Targeted Area (Qualified Census Tract), the annual income may go up to 140% of the median income
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- CrossCountry Mortgage
- Eustis Mortgage
- First Horizon
- NOLA Lending
- Regions Bank
- Standard Mortgage
- A Soft Second Loan of 3-4% of the mortgage amount
- Forgiven after 3 years with owner-occupancy
- Reduced Mortgage Insurance for Conventional Loans (80% and below AMI)
- First-time and repeat homebuyers allowed
- Requirements:
- Homebuyer education course
- Single-family or double
- Income limit: $99,000
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- CrossCountry Mortgage
- Eustis Mortgage
- First Horizon Bank
- Guaranteed Rate
- A Soft Second Loan of 20% of the purchase price up to $55,000.
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Property cannot be located in a flood zone
- Income limit: At or below 80% of the Area Median Income (AMI)
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- First Horizon Bank
- Prime Lending
- Regions Bank
- Affordable housing program
- Requirements:
- Income at or below 80% of Area Median Income according to family size.
- Be able to qualify for a first mortgage (PH+ will assist participants in pre-qualifying for mortgages).
- Commit to living in the new PH+ home as a primary residence for a minimum of 3 years.
- Have the ability to pay taxes, insurance and utilities.
- Maintain liability insurance, flood insurance, and an active termite contract on the property for the duration of your residency in the home.
- Contribute at least 1% of the purchase price as a down-payment once construction is complete.
- Complete a 12-hour homebuyer training course.
- Contribute monthly to a savings plan.
- Have the ability to maintain lawn.
The program takes 6 months to 2+ years. Click here to fill out the application
Geared towards First-Time Homebuyers and veterans
Soft second loan of up to 6% (Conventional) or 5% (FHA/Government) of the final loan amount in down payment and closing cost assistance.
Credit score: 640
Qualifying Income Limits vary by parish
Forgiven if borrower stays in the home for 7 years (conventional) or 10 years (FHA/Government)
Homebuyer Education course required
-
Geared towards First-Time Homebuyers and veterans
-
Assistance is in the form of a tax-exempt revenue bond
-
Up to 5% of the final loan amount.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Gulf Coast Bank & Trust Company
- Cross Country Mortgage
- Eustis Mortgage
- Guaranteed Rate
- Guild Mortgage
- Loan Depot
- Movement Mortgage
- Prime Lending
- The Mortgage Firm
- Soft second mortgage up to to 5% of the final loan amount.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Guild Mortgage
- Soft second mortgage up to to 6% of the final loan amount; funds may be used to cover down payment, closing cost, prepaid items, or mortgage insurance.
- Forgivable after 7 or 10 years.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Eustis Mortgage
- Guild Mortgage
- Movement Mortgage
- NOLA Lending
- Prime Lending
- The Mortgage Firm
-
Soft second mortgage of up to 4% down payment and closing cost assistance provided to borrower(s) in form of second mortgage
-
Forgiven after 5 years of occupancy
- Credit score: 640
- Income Limits:
-
FHA, USDA_RHD, VA, and Fannie Mae HFA Preferred: Less than $125,720
- Fannie Mae HFA Preferred and Freddie Mac HFA Advantage: Less than $69,440
-
- More information
- Gulf Coast Bank & Trust Company
- CMG Financial
- Eustis Mortgage
- Hancock Whitney
- Movement Mortgage
- NOLA Lending Group
- A Soft Second Loan of 4% of the mortgage amount
- Reduced Mortgage Insurance for Conventional Loans
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Property cannot be located in a flood zone
- Income limit: At or below 80% of the Area Median Income (AMI)
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- Regions Bank
- Grant of 5%-9% of final loan amount to cover closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer or have not owned a home in 3 years
- Homebuyer education course
- Income limit: 80% AMI
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- Regions Bank
- Soft Second Loan of 20% of the purchase price up to $55,000 per household and up to $5,000
grant for Closing Costs for a total of up to $60,000 - Forgiven after 10 years of occupancy
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer
- Borrower required to invest the greater of 1% of the purchase or $1500.
- Income limit: At or below 80% AMI
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- Regions Bank
- A Soft Second Loan of 4% of the mortgage amount for down payment and closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Homebuyer education course
- Property cannot be located in a flood zone
- Income limit: At or below 80% AMI
- If the property is in a Targeted Area (Qualified Census Tract), the annual income may go up to 140% of the median income
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- Regions Bank
- A Soft Second Loan of 3-4% of the mortgage amount
- Forgiven after 3 years with owner-occupancy
- Reduced Mortgage Insurance for Conventional Loans (80% and below AMI)
- First-time and repeat homebuyers allowed
- Requirements:
- Homebuyer education course
- Single-family or double
- Income limit: $99,000
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- A Soft Second Loan of 20% of the purchase price up to $55,000.
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Annual household income at or below 80% of the Area Median Income (AMI)
- Gulf Coast Bank & Trust Company
- Regions Bank
- Soft second loan of up to 6% of the final loan amount that can be used towards down payment, closing cost, prepaid items or to buy out mortgage Insurance.
- Credit score: 640
- Qualifying Income Limits vary by parish
- Forgivable after 7 years
- More information
-
Geared towards First-Time Homebuyers and veterans
-
Assistance is in the form of a tax-exempt revenue bond
-
Up to 5% of the final loan amount.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Gulf Coast Bank & Trust Company
- Cross Country Mortgage
- Eustis Mortgage
- Guaranteed Rate
- Guild Mortgage
- Loan Depot
- Movement Mortgage
- Prime Lending
- The Mortgage Firm
- Soft second mortgage up to to 5% of the final loan amount for down payment and closing costs.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Guild Mortgage
- Soft second loan up to to 6% of the final loan amount; funds may be used to cover down payment, closing cost, prepaid items, or to buy out mortgage insurance.
- Forgivable after 7 or 10 years.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Eustis Mortgage
- Guild Mortgage
- Movement Mortgage
- NOLA Lending
- Prime Lending
- The Mortgage Firm
-
Soft second mortgage of up to 4% down payment and closing cost assistance provided to borrower(s) in form of second mortgage
-
Forgiven after 5 years of occupancy
- Credit score: 640
- Income Limits:
-
FHA, USDA_RHD, VA, and Fannie Mae HFA Preferred: Less than $125,720
- Fannie Mae HFA Preferred and Freddie Mac HFA Advantage: Less than $69,440
-
- More information
- Gulf Coast Bank & Trust Company
- CMG Financial
- Eustis Mortgage
- Hancock Whitney
- Movement Mortgage
- NOLA Lending Group
- A Soft Second Loan of 4% of the mortgage amount
- Reduced Mortgage Insurance for Conventional Loans
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Property cannot be located in a flood zone
- Income limit: At or below 80% of the Area Median Income (AMI)
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- CrossCountry Mortgage
- Regions Bank
- Grant of 5%-9% of final loan amount to cover closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer or have not owned a home in 3 years
- Homebuyer education course
- Income limit: 80% AMI
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- CrossCountry Mortgage
- Regions Bank
- Soft Second Loan of 20% of the purchase price up to $55,000 per household and up to $5,000
grant for Closing Costs for a total of up to $60,000 - Forgiven after 10 years of occupancy
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer
- Borrower required to invest the greater of 1% of the purchase or $1500.
- Income limit: At or below 80% AMI
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- CrossCountry Mortgage
- Regions Bank
- A Soft Second Loan of 4% of the mortgage amount for down payment and closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Homebuyer education course
- Property cannot be located in a flood zone
- Income limit: At or below 80% AMI
- If the property is in a Targeted Area (Qualified Census Tract), the annual income may go up to 140% of the median income
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- CrossCountry Mortgage
- Regions Bank
- A Soft Second Loan of 3-4% of the mortgage amount
- Forgiven after 3 years with owner-occupancy
- Reduced Mortgage Insurance for Conventional Loans (80% and below AMI)
- First-time and repeat homebuyers allowed
- Requirements:
- Homebuyer education course
- Single-family or double
- Income limit: $99,000
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- CrossCountry Mortgage
- A Soft Second Loan of 20% of the purchase price up to $55,000.
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Annual household income at or below 80% of the Area Median Income (AMI)
- Gulf Coast Bank & Trust Company
- CrossCountry Mortgage
- Regions Bank
- Soft second loan of up to 6% of the final loan amount that can be used towards down payment, closing cost, prepaid items or to buy out mortgage Insurance.
- Credit score: 640
- Qualifying Income Limits vary by parish
- Forgivable after 7 years
- More information
-
Geared towards First-Time Homebuyers and veterans
-
Assistance is in the form of a tax-exempt revenue bond
-
Up to 5% of the final loan amount.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Gulf Coast Bank & Trust Company
- Cross Country Mortgage
- Eustis Mortgage
- Guaranteed Rate
- Guild Mortgage
- Loan Depot
- Movement Mortgage
- Prime Lending
- The Mortgage Firm
- Soft second mortgage up to to 5% of the final loan amount for down payment and closing costs.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Guild Mortgage
- Soft second loan up to to 6% of the final loan amount; funds may be used to cover down payment, closing cost, prepaid items, or to buy out mortgage insurance.
- Forgivable after 7 or 10 years.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Eustis Mortgage
- Guild Mortgage
- Movement Mortgage
- NOLA Lending
- Prime Lending
- The Mortgage Firm
-
Soft second mortgage of up to 4% down payment and closing cost assistance provided to borrower(s) in form of second mortgage
-
Forgiven after 5 years of occupancy
- Credit score: 640
- Income Limits:
-
FHA, USDA_RHD, VA, and Fannie Mae HFA Preferred: Less than $125,720
- Fannie Mae HFA Preferred and Freddie Mac HFA Advantage: Less than $69,440
-
- More information
- Gulf Coast Bank & Trust Company
- CMG Financial
- Eustis Mortgage
- Hancock Whitney
- Movement Mortgage
- NOLA Lending Group
- A Soft Second Loan of 4% of the mortgage amount
- Reduced Mortgage Insurance for Conventional Loans
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Property cannot be located in a flood zone
- Income limit: At or below 80% of the Area Median Income (AMI)
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- Grant of 5%-9% of final loan amount to cover closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer or have not owned a home in 3 years
- Homebuyer education course
- Income limit: 80% AMI
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- Soft Second Loan of 20% of the purchase price up to $55,000 per household and up to $5,000
grant for Closing Costs for a total of up to $60,000 - Forgiven after 10 years of occupancy
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer
- Borrower required to invest the greater of 1% of the purchase or $1500.
- Income limit: At or below 80% AMI
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- A Soft Second Loan of 4% of the mortgage amount for down payment and closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Homebuyer education course
- Property cannot be located in a flood zone
- Income limit: At or below 80% AMI
- If the property is in a Targeted Area (Qualified Census Tract), the annual income may go up to 140% of the median income
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- A Soft Second Loan of 3-4% of the mortgage amount
- Forgiven after 3 years with owner-occupancy
- Reduced Mortgage Insurance for Conventional Loans (80% and below AMI)
- First-time and repeat homebuyers allowed
- Requirements:
- Homebuyer education course
- Single-family or double
- Income limit: $99,000
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- A Soft Second Loan of 20% of the purchase price up to $55,000.
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Annual household income at or below 80% of the Area Median Income (AMI)
- Gulf Coast Bank & Trust Company
- Soft second loan of up to 6% of the final loan amount that can be used towards down payment, closing cost, prepaid items or to buy out mortgage Insurance.
- Credit score: 640
- Qualifying Income Limits vary by parish
- Forgivable after 7 years
- More information
-
Geared towards First-Time Homebuyers and veterans
-
Assistance is in the form of a tax-exempt revenue bond
-
Up to 5% of the final loan amount.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Gulf Coast Bank & Trust Company
- Cross Country Mortgage
- Eustis Mortgage
- Guaranteed Rate
- Guild Mortgage
- Loan Depot
- Movement Mortgage
- Prime Lending
- The Mortgage Firm
- Soft second mortgage up to to 5% of the final loan amount for down payment and closing costs.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Guild Mortgage
- Soft second loan up to to 6% of the final loan amount; funds may be used to cover down payment, closing cost, prepaid items, or to buy out mortgage insurance.
- Forgivable after 7 or 10 years.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Eustis Mortgage
- Guild Mortgage
- Movement Mortgage
- NOLA Lending
- Prime Lending
- The Mortgage Firm
- A Soft Second Loan of 4% of the mortgage amount
- Reduced Mortgage Insurance for Conventional Loans
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Property cannot be located in a flood zone
- Income limit: At or below 80% of the Area Median Income (AMI)
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- Regions Bank
- Grant of 5%-9% of final loan amount to cover closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer or have not owned a home in 3 years
- Homebuyer education course
- Income limit: 80% AMI
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- Regions Bank
- Soft Second Loan of 20% of the purchase price up to $55,000 per household and up to $5,000
grant for Closing Costs for a total of up to $60,000 - Forgiven after 10 years of occupancy
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer
- Borrower required to invest the greater of 1% of the purchase or $1500.
- Income limit: At or below 80% AMI
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- Regions Bank
- A Soft Second Loan of 4% of the mortgage amount for down payment and closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Homebuyer education course
- Property cannot be located in a flood zone
- Income limit: At or below 80% AMI
- If the property is in a Targeted Area (Qualified Census Tract), the annual income may go up to 140% of the median income
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- Regions Bank
- A Soft Second Loan of 3-4% of the mortgage amount
- Forgiven after 3 years with owner-occupancy
- Reduced Mortgage Insurance for Conventional Loans (80% and below AMI)
- First-time and repeat homebuyers allowed
- Requirements:
- Homebuyer education course
- Single-family or double
- Income limit: $99,000
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- A Soft Second Loan of 20% of the purchase price up to $55,000.
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Annual household income at or below 80% of the Area Median Income (AMI)
- Gulf Coast Bank & Trust Company
- Regions Bank
- Soft second loan of up to 6% of the final loan amount that can be used towards down payment, closing cost, prepaid items or to buy out mortgage Insurance.
- Credit score: 640
- Qualifying Income Limits vary by parish
- Forgivable after 7 years
- More information
-
Geared towards First-Time Homebuyers and veterans
-
Assistance is in the form of a tax-exempt revenue bond
-
Up to 5% of the final loan amount.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Gulf Coast Bank & Trust Company
- Cross Country Mortgage
- Eustis Mortgage
- Guaranteed Rate
- Guild Mortgage
- Loan Depot
- Movement Mortgage
- Prime Lending
- The Mortgage Firm
- Soft second mortgage up to to 5% of the final loan amount for down payment and closing costs.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Guild Mortgage
- Soft second loan up to to 6% of the final loan amount; funds may be used to cover down payment, closing cost, prepaid items, or to buy out mortgage insurance.
- Forgivable after 7 or 10 years.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Eustis Mortgage
- Guild Mortgage
- Movement Mortgage
- NOLA Lending
- Prime Lending
- The Mortgage Firm
- A Soft Second Loan of 4% of the mortgage amount
- Reduced Mortgage Insurance for Conventional Loans
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Property cannot be located in a flood zone
- Income limit: At or below 80% of the Area Median Income (AMI)
- Credit score: 640
- More information
- NOLA Lending
- Regions Bank
- Grant of 5%-9% of final loan amount to cover closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer or have not owned a home in 3 years
- Homebuyer education course
- Income limit: 80% AMI
- Credit score: 640
- More information
- NOLA Lending
- Regions Bank
- Soft Second Loan of 20% of the purchase price up to $55,000 per household and up to $5,000
grant for Closing Costs for a total of up to $60,000 - Forgiven after 10 years of occupancy
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer
- Borrower required to invest the greater of 1% of the purchase or $1500.
- Income limit: At or below 80% AMI
- Credit score: 640
- More information
- NOLA Lending
- Regions Bank
- A Soft Second Loan of 4% of the mortgage amount for down payment and closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Homebuyer education course
- Property cannot be located in a flood zone
- Income limit: At or below 80% AMI
- If the property is in a Targeted Area (Qualified Census Tract), the annual income may go up to 140% of the median income
- Credit score: 640
- More information
- NOLA Lending
- Regions Bank
- A Soft Second Loan of 20% of the purchase price up to $55,000.
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Annual household income at or below 80% of the Area Median Income (AMI)
- Regions Bank
- Soft second loan of up to 6% of the final loan amount that can be used towards down payment, closing cost, prepaid items or to buy out mortgage Insurance.
- Credit score: 640
- Qualifying Income Limits vary by parish
- Forgivable after 7 years
- More information
-
Geared towards First-Time Homebuyers and veterans
-
Assistance is in the form of a tax-exempt revenue bond
-
Up to 5% of the final loan amount.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Gulf Coast Bank & Trust Company
- Cross Country Mortgage
- Eustis Mortgage
- Guaranteed Rate
- Guild Mortgage
- Loan Depot
- Movement Mortgage
- Prime Lending
- The Mortgage Firm
- Soft second mortgage up to to 5% of the final loan amount for down payment and closing costs.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Guild Mortgage
- Soft second loan up to to 6% of the final loan amount; funds may be used to cover down payment, closing cost, prepaid items, or to buy out mortgage insurance.
- Forgivable after 7 or 10 years.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Eustis Mortgage
- Guild Mortgage
- Movement Mortgage
- NOLA Lending
- Prime Lending
- The Mortgage Firm
-
Soft second mortgage of up to 4% down payment and closing cost assistance provided to borrower(s) in form of second mortgage
-
Forgiven after 5 years of occupancy
- Credit score: 640
- Income Limits:
-
FHA, USDA_RHD, VA, and Fannie Mae HFA Preferred: Less than $125,720
- Fannie Mae HFA Preferred and Freddie Mac HFA Advantage: Less than $69,440
-
- More information
- Gulf Coast Bank & Trust Company
- CMG Financial
- Eustis Mortgage
- Hancock Whitney
- Movement Mortgage
- NOLA Lending Group
- A Soft Second Loan of 4% of the mortgage amount
- Reduced Mortgage Insurance for Conventional Loans
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Property cannot be located in a flood zone
- Income limit: At or below 80% of the Area Median Income (AMI)
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- CrossCountry Mortgage
- DSLD Mortgage
- First Horizon
- Guaranteed Rate
- Hancock Whitney
- LoanDepot
- NOLA Lending
- Prime Lending
- Regions Bank
- Standard Mortgage
- Grant of 5%-9% of final loan amount to cover closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer or have not owned a home in 3 years
- Homebuyer education course
- Income limit: 80% AMI
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- CrossCountry Mortgage
- DSLD Mortgage
- First Horizon
- Guaranteed Rate
- Hancock Whitney
- LoanDepot
- NOLA Lending
- Prime Lending
- Regions Bank
- Standard Mortgage
- Soft Second Loan of 20% of the purchase price up to $55,000 per household and up to $5,000
grant for Closing Costs for a total of up to $60,000 - Forgiven after 10 years of occupancy
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer
- Borrower required to invest the greater of 1% of the purchase or $1500.
- Income limit: At or below 80% AMI
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- CrossCountry Mortgage
- DSLD Mortgage
- First Horizon
- Guaranteed Rate
- Hancock Whitney
- LoanDepot
- NOLA Lending
- Prime Lending
- Regions Bank
- Standard Mortgage
- A Soft Second Loan of 4% of the mortgage amount for down payment and closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Homebuyer education course
- Property cannot be located in a flood zone
- Income limit: At or below 80% AMI
- If the property is in a Targeted Area (Qualified Census Tract), the annual income may go up to 140% of the median income
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- CrossCountry Mortgage
- DSLD Mortgage
- First Horizon
- Guaranteed Rate
- Hancock Whitney
- LoanDepot
- NOLA Lending
- Prime Lending
- Regions Bank
- Standard Mortgage
- A Soft Second Loan of 3-4% of the mortgage amount
- Forgiven after 3 years with owner-occupancy
- Reduced Mortgage Insurance for Conventional Loans (80% and below AMI)
- First-time and repeat homebuyers allowed
- Requirements:
- Homebuyer education course
- Single-family or double
- Income limit: $99,000
- Credit score: 640
- More information
- Gulf Coast Bank & Trust Company
- CrossCountry Mortgage
- DSLD Mortgage
- First Horizon
- Guaranteed Rate
- Hancock Whitney
- LoanDepot
- Prime Lending
- A Soft Second Loan of 20% of the purchase price up to $55,000.
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Annual household income at or below 80% of the Area Median Income (AMI)
- Gulf Coast Bank & Trust Company
- CrossCountry Mortgage
- DSLD Mortgage
- First Horizon
- Guaranteed Rate
- Hancock Whitney
- LoanDepot
- Prime Lending
- Regions Bank
- Soft second loan of up to 6% of the final loan amount that can be used towards down payment, closing cost, prepaid items or to buy out mortgage Insurance.
- Credit score: 640
- Qualifying Income Limits vary by parish
- Forgivable after 7 years
- More information
-
Geared towards First-Time Homebuyers and veterans
-
Assistance is in the form of a tax-exempt revenue bond
-
Up to 5% of the final loan amount.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Gulf Coast Bank & Trust Company
- Cross Country Mortgage
- Eustis Mortgage
- Guaranteed Rate
- Guild Mortgage
- Loan Depot
- Movement Mortgage
- Prime Lending
- The Mortgage Firm
- Soft second mortgage up to to 5% of the final loan amount for down payment and closing costs.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Guild Mortgage
- Soft second loan up to to 6% of the final loan amount; funds may be used to cover down payment, closing cost, prepaid items, or to buy out mortgage insurance.
- Forgivable after 7 or 10 years.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Eustis Mortgage
- Guild Mortgage
- Movement Mortgage
- NOLA Lending
- Prime Lending
- The Mortgage Firm
- A Soft Second Loan of 4% of the mortgage amount
- Reduced Mortgage Insurance for Conventional Loans
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Property cannot be located in a flood zone
- Income limit: At or below 80% of the Area Median Income (AMI)
- Credit score: 640
- More information
- Regions Bank
- Grant of 5%-9% of final loan amount to cover closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer or have not owned a home in 3 years
- Homebuyer education course
- Income limit: 80% AMI
- Credit score: 640
- More information
- Regions Bank
- Soft Second Loan of 20% of the purchase price up to $55,000 per household and up to $5,000
grant for Closing Costs for a total of up to $60,000 - Forgiven after 10 years of occupancy
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer
- Borrower required to invest the greater of 1% of the purchase or $1500.
- Income limit: At or below 80% AMI
- Credit score: 640
- More information
- Regions Bank
- A Soft Second Loan of 4% of the mortgage amount for down payment and closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Homebuyer education course
- Property cannot be located in a flood zone
- Income limit: At or below 80% AMI
- If the property is in a Targeted Area (Qualified Census Tract), the annual income may go up to 140% of the median income
- Credit score: 640
- More information
- Regions Bank
- A Soft Second Loan of 3-4% of the mortgage amount
- Forgiven after 3 years with owner-occupancy
- Reduced Mortgage Insurance for Conventional Loans (80% and below AMI)
- First-time and repeat homebuyers allowed
- Requirements:
- Homebuyer education course
- Single-family or double
- Income limit: $99,000
- Credit score: 640
- More information
- A Soft Second Loan of 20% of the purchase price up to $55,000.
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Annual household income at or below 80% of the Area Median Income (AMI)
- Regions Bank
- Soft second loan of up to 6% of the final loan amount that can be used towards down payment, closing cost, prepaid items or to buy out mortgage Insurance.
- Credit score: 640
- Qualifying Income Limits vary by parish
- Forgivable after 7 years
- More information
-
Geared towards First-Time Homebuyers and veterans
-
Assistance is in the form of a tax-exempt revenue bond
-
Up to 5% of the final loan amount.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Gulf Coast Bank & Trust Company
- Cross Country Mortgage
- Eustis Mortgage
- Guaranteed Rate
- Guild Mortgage
- Loan Depot
- Movement Mortgage
- Prime Lending
- The Mortgage Firm
- Soft second mortgage up to to 5% of the final loan amount for down payment and closing costs.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Guild Mortgage
- Soft second loan up to to 6% of the final loan amount; funds may be used to cover down payment, closing cost, prepaid items, or to buy out mortgage insurance.
- Forgivable after 7 or 10 years.
- Credit score: 620
- Qualifying Income Limits vary by parish
- More information
- Eustis Mortgage
- Guild Mortgage
- Movement Mortgage
- NOLA Lending
- Prime Lending
- The Mortgage Firm
- A Soft Second Loan of 4% of the mortgage amount
- Reduced Mortgage Insurance for Conventional Loans
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Property cannot be located in a flood zone
- Income limit: At or below 80% of the Area Median Income (AMI)
- Credit score: 640
- More information
- Hancock Whitney
- Grant of 5%-9% of final loan amount to cover closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer or have not owned a home in 3 years
- Homebuyer education course
- Income limit: 80% AMI
- Credit score: 640
- More information
- Hancock Whitney
- Soft Second Loan of 20% of the purchase price up to $55,000 per household and up to $5,000
grant for Closing Costs for a total of up to $60,000 - Forgiven after 10 years of occupancy
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer
- Borrower required to invest the greater of 1% of the purchase or $1500.
- Income limit: At or below 80% AMI
- Credit score: 640
- More information
- Hancock Whitney
- A Soft Second Loan of 4% of the mortgage amount for down payment and closing costs
- Reduced Mortgage Insurance for Conventional Loans
- Requirements:
- First-time Homebuyer (or have not owned a home for 3 years)
- Homebuyer education course
- Property cannot be located in a flood zone
- Income limit: At or below 80% AMI
- If the property is in a Targeted Area (Qualified Census Tract), the annual income may go up to 140% of the median income
- Credit score: 640
- More information
- Hancock Whitney
- A Soft Second Loan of 3-4% of the mortgage amount
- Forgiven after 3 years with owner-occupancy
- Reduced Mortgage Insurance for Conventional Loans (80% and below AMI)
- First-time and repeat homebuyers allowed
- Requirements:
- Homebuyer education course
- Single-family or double
- Income limit: $99,000
- Credit score: 640
- More information
- Hancock Whitney
- A Soft Second Loan of 20% of the purchase price up to $55,000.
- Up to $5,000 for Closing Costs for a total of up to $60,000.
- Annual household income at or below 80% of the Area Median Income (AMI)
- Hancock Whitney
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Become a Member
NOMAR is the voice of real estate for the ten parishes of the New Orleans region. When you join NOMAR, you become part of a rich legacy of advocacy, education and professionalism 110 years in the making.
Learn More
Become a Member
NOMAR is the voice of real estate for the ten parishes of the New Orleans region. When you join, you become part of a rich legacy of advocacy, education and professionalism 110 years in the making.
Learn more