The Green Mortgage Downpayment Assistance Program

The Green Mortgage Downpayment Assistance Program é um empréstimo perdoável para compradores de imóveis em 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. Os recursos vêm de Local, Bond e Federal.

The Green Mortgage Downpayment Assistance Program é perdoado após 5 anos, então o comprador de imóvel que permanecer esse tempo não o devolve. O reembolso é acionado 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 e 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. A ajuda é registrada como ônus em posição 2nd Lien. As condições de perdão e reembolso são definidas pelo programa e podem mudar — confirme-as na página oficial do programa antes de se inscrever.

The Green Mortgage Downpayment Assistance Program é aberto a compradores de imóveis que vão morar no imóvel como residência principal. Sobre crédito, o programa afirma: 660 minimum (higher may be required for small-multifamily property). É exigido um curso de educação para compradores de imóveis, por meio 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 residência: Property must be located in Orleans Parish. Borrower must occupy as primary residence until DPA is repaid or forgiven. Cidadania ou situação imigratória: 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 a renda familiar a 140% da renda mediana da região, que varia conforme o condado e o tamanho da família. 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). O limite vale para a renda total da família, não só a do mutuário. Os valores da renda mediana da região são publicados pelo HUD e atualizados todo ano, então confira a tabela atual do condado antes de se basear em um número.

The Green Mortgage Downpayment Assistance Program limita o preço de compra a $685,400. Os tipos de imóvel elegíveis incluem 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. Construções novas são elegíveis. Casas pré-fabricadas não são elegíveis.

The Green Mortgage Downpayment Assistance Program cita veteranos, militares da ativa, reservistas e membros da Guarda Nacional e cônjuges sobreviventes entre os grupos que atende. Aparecer aqui significa que o programa menciona o grupo, não que fazer parte dele, por si só, qualifique um candidato — as demais regras de elegibilidade continuam valendo.

The Green Mortgage Downpayment Assistance Program atende compradores de imóveis que compram em New Orleans, Louisiana.

As inscrições para The Green Mortgage Downpayment Assistance Program são feitas por meio de o órgão que administra o programa, que publica as condições atuais e as etapas da inscrição no próprio site. Os recursos são reservados por meio 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. A Hey Prescott não é uma credora e não aceita inscrições; esta página descreve o programa para que um comprador de imóvel possa levá-lo a um credor ou a um conselheiro habitacional.