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Our Mission
Making dreams of homeownership come true
Why Jefferson Parish
Click here to view the many wonderful amenities our parish has to offer
Our Programs
Our programs and funding are immediately available for use. Take a look at our options and details.
 
 

Our Programs

Do you need help with your down payment?

We provide you with down payment assistance options spanning from 0%-6% with a 30-year fixed rate mortgage at a competitive interest rate. The grants require no repayment. Get started now to learn what options are available for you!
 
Southern Mortgage Assistance Program/Lagniappe Assistance Program
Interest Rate Notice Date: 05/26/2023
Type of Loan Mortgage Rate Borrower Assistance*
FHA/VA/USDA-RHS 0.000 3.00%
FHA/VA/USDA-RHS 0.000 4.00%
Freddie Mac HFA Advantage OR Fannie Mae HFA Preferred 7.250 0.00%
Freddie Mac HFA Advantage OR Fannie Mae HFA Preferred 0.000 3.00%
Freddie Mac HFA Advantage OR Fannie Mae HFA Preferred 0.000 4.00%
Fannie Mae Above 80% AMI 7.500 0.00%
Fannie Mae Above 80% AMI 0.000 3.00%
Fannie Mae Above 80% AMI 0.000 4.00%

* Please note on the SMAP program that USDA/RD rates are subject to the USDA Daily Maximum rate limit and may not be available to lock on a given day. Please verify with you lender for availability.

*45 Day Lock to Lender

COMFORT OF HOME PROGRAM
Interest Rate Notice Date: 05/26/2023
Mortgage Rate Borrower Assistance* Type of Loan Income Restrictions**
GOVERNMENT LOANS
7.250% 0.00% FHA, VA, USDA =< $114,800
7.375% 2.00% FHA, VA, USDA =< $114,800
7.500% 3.00% FHA, VA, USDA =< $114,800
7.625% 4.00% FHA, VA, USDA =< $114,800
CONVENTIONAL LOANS
7.125% 0.00% Fannie Mae OR Freddie Mac =< $65,600
7.500% 2.00% Fannie Mae OR Freddie Mac =< $65,600
7.875% 3.00% Fannie Mae OR Freddie Mac =< $65,600
0.000% 4.00% Fannie Mae OR Freddie Mac =< $65,600
7.375% 0.00% Fannie Mae =< $114,800
7.875% 2.00% Fannie Mae =< $114,800
Rate Lock to Lender: 70 Days*** Purchase by Servicer: 08/04/2023
Purchase Price: 102.00 Lender SRP****: 2.00

Our Programs

Congratulations! Investing in a home is a significant milestone in your life and likely to be your biggest financial commitment, as well as a commitment to your future and quality of life. Taking the steps toward home ownership can be overwhelming, but we’re here to help!

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How Can I Apply?

Our qualified lenders will assist you in applying for our grant. Once you find a home that meets your needs, budget, and is within our home cost limits, it’s time to apply for your loan. You will need to select a lender from our Qualified Lenders page and complete an application.

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Become A Lender

Thank you for your interest in partnering with JPFA to bring homeownership to our community. We are excited to provide a unique opportunity for your borrowers and look forward to collaborating to close affordable home loans with you while mitigating risk.

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