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First Time Home Buyer Programs Louisiana. So, what is an fha loan? The mortgage revenue bond home program helps with down payment and closing costs if a homebuyer earns 80% or less of the area median income.
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Best first time home buyer programs in louisiana: The louisiana housing corporation has dwelling shopping for packages and pecuniary help for the primary time within the condition. Be a first time home buyer (or have not owned any real estate in the last 3 years).
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The maximum amount of assistance is up to 20% of the sales price of the property or appraised value; Not owned a home or held title to a property for three years or longer. Mortgage revenue bond assisted program So, what is an fha loan?