Purchase Advantage (LA)

The Purchase Advantage Program powered by CAFA is a new program to LH Lending featuring a non-repayable homebuyers grant of up to 4% of the home’s purchase price for eligible borrowers!

Purchase Advantage Loan Features:

• Non-repayable homebuyers grant up to 4%

• Options to use grant towards down payment, closing costs, etc.

• 30 year fixed rate

• First time homebuyer or repeat buyer eligible

*This program is currently only available in Louisiana
*The non-repayable grant is provided by Capital Area Finance Authority (CAFA)

Eligibility:

• More than 30 select Louisiana parishes

• Primary residence only

• First-time homebuyer and repeat buyers may be eligible

• Income limits to determine eligibility vary by parish and scenario, sometimes resulting in no income limits

Purchase Advantage Eligible Louisiana Parishes:

We make sure you can get into your home as soon as possible. A team member is just a phone call or click away.

*The percent of down payment assistance offered is dependent on the interest rate selected by the borrower. Approved parishes and income limits are established by CAFA and subject to change.