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Call 504-239-8437 Email UsThe Pathway to Homeownership is closer than you think.
The St. Bernard Parish Home Mortgage Authority is taking applications for a CDBG Soft Second Mortgage Program that offers Homebuyer’s a soft second loan of 20 percent of the purchase price up to $30,000 and 0% interest rate and no monthly payments and a grant of up to $5,000 for closing costs and down payment assistance on a need basis.
The soft second mortgage will be forgiven after the Homeowner has met the requirements of the Program and has lived in the home for five (5) years.
Maximum Purchase Price – $200,000.00
Minimum Required Homebuyer Investment
1% of Purchase Price or $1,000, whichever is greater
Eligible Participants
Household Size Income Limits
1 $50,400
2 $57,600
3 $68,800
4 $72,000
To apply for a mortgage loan under this Program or receive more detailed information on qualifying, contact Face to Face Realty at (504)239-8437.