The Green Mortgage Downpayment Assistance Program

The Green Mortgage Downpayment Assistance Program es un préstamo condonable para compradores de vivienda en New Orleans, Louisiana. Finance New Orleans' flagship energy-efficiency-focused homebuyer assistance program. Up to $25,000 0% interest second mortgage (5-year forgivable for <80% AMI; 30-year deferred non-forgivable for up to 140% AMI), plus free Energy Smart whole-home assessment and $2,500 Green Home Improvement Stipend. Pairs with FHA/VA/Fannie/Freddie 30-year fixed first mortgage. Orleans Parish only, 660 FICO, 140% AMI ceiling. Updated March 2026. Finance New Orleans' Green Mortgage Program is an energy-efficiency-focused homebuyer assistance program with FOUR benefits: (1) 30-year fixed first mortgage (FHA, VA, Fannie Mae, or Freddie Mac). (2) 0% Interest Second Mortgage up to $25,000 for down payment and/or closing cost assistance - structured as a 5-year forgivable loan for buyers under 80% AMI (subject to fund availability) OR a 30-year non-forgivable 0% deferred loan for buyers up to 140% AMI. (3) Free whole-home energy efficiency assessment with Energy Smart, including minor energy-efficiency upgrades. (4) $2,500 Green Home Improvement Stipend for upgrades that increase energy efficiency and resilience to wind, heavy rain, and flooding. Page table additionally references 2-5% DPA assistance forgivable after 3 years residency on the smaller-DPA tier. Program is for properties in Orleans Parish. Los fondos provienen de Local, Bond y Federal.

The Green Mortgage Downpayment Assistance Program se perdona después de 5 años, así que un comprador de vivienda que se quede ese tiempo no lo devuelve. El reembolso se activa por Buyers <80% AMI: 5-year forgivable, loan forgiven after 5 years of owner-occupancy. Buyers up to 140% AMI: 30-year deferred non-forgivable, balance due on sale, refinance, or transfer of property y option to defer repayment until then. Smaller 2-5% DPA tier (per program table) forgivable after 3 years residency. Buyer must remain in home as primary residence until DPA is repaid in full or forgiven. La ayuda se registra con un gravamen en posición 2nd Lien. Los términos de condonación y reembolso los fija el programa y pueden cambiar; confírmalos en la página oficial del programa antes de presentar la solicitud.

The Green Mortgage Downpayment Assistance Program está abierto a compradores de vivienda que vivirán en la vivienda como su residencia principal. Sobre el crédito, el programa indica: 660 minimum (higher may be required for small-multifamily property). Se requiere un curso de educación para compradores de vivienda, a través de Borrower must complete a homebuyer education class certified by FNO/HUD. Financial fitness courses strongly encouraged. First-time homebuyer training and landlord training required for FHA, Fannie Mae, and VA tracks; Freddie Mac track requires first-time homebuyer training only. Requisito de residencia: Property must be located in Orleans Parish. Borrower must occupy as primary residence until DPA is repaid or forgiven. Ciudadanía o situación migratoria: U.S. citizen, permanent resident, or qualifying non-permanent resident alien per first-mortgage product. Property must be located in Orleans Parish. Combined applicant income under 140% AMI (use Freddie Mac Home Possible Eligibility Map tool). Credit score 660+ (higher may be required for small-multifamily 2-4 unit properties). Total DTI under 45% (50% with 680+ credit score). 1-4 unit primary residence (first-mortgage product limits unit count: FHA 1-2 units, Freddie Mac 1 unit, Fannie Mae 1-4 units, VA 1-2 units). Move-in ready home required (no rehab tracks). Schedule and complete Energy Smart energy efficiency assessment prior to closing. Maintain home as primary residence until DPA repaid in full or forgiven. FHA loan limits: $356,362 (single), $456,276 (duplex), $551,500 (triplex), $685,400 (four-plex). VA loan limit $548,250.

The Green Mortgage Downpayment Assistance Program limita el ingreso del hogar al 140% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Combined applicant income under 140% AMI for Orleans Parish (use Freddie Mac Home Possible Eligibility Map tool). FHA tier: $99,000 max. Fannie Mae and VA: per agency guidelines (no FNO income cap above 140% AMI baseline). El límite se aplica al ingreso total del hogar, no solo al del prestatario. Las cifras del ingreso mediano del área las publica HUD y se actualizan cada año, así que consulta la tabla vigente del condado antes de basarte en una cifra.

The Green Mortgage Downpayment Assistance Program limita el precio de compra a $685,400. Los tipos de propiedad elegibles incluyen 1- to 4-unit primary residence (first-mortgage product limits unit count: FHA 1-2 units, Freddie Mac 1 unit, Fannie Mae 1-4 units, VA 1-2 units). Single-family detached, doubles, triplex, four-plex small multifamily. Move-in ready required. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

The Green Mortgage Downpayment Assistance Program menciona a veteranos, miembros del servicio militar activo, reservistas y miembros de la Guardia Nacional y cónyuges sobrevivientes entre los grupos a los que atiende. Aparecer aquí significa que el programa menciona al grupo, no que pertenecer a él baste por sí solo para que un solicitante califique; las demás reglas de elegibilidad siguen aplicándose.

The Green Mortgage Downpayment Assistance Program atiende a compradores de vivienda que compran en New Orleans, Louisiana.

Las solicitudes de The Green Mortgage Downpayment Assistance Program se tramitan a través de la agencia que administra el programa, que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de Submit Homebuyer Program Intake form via VistaShare at financenola.org. FNO will refer to participating lender; lender reserves at rate lock subject to fund availability. Hey Prescott no es un prestamista y no acepta solicitudes; esta página describe el programa para que un comprador de vivienda pueda llevarlo a un prestamista o a un asesor de vivienda.