There has never been a better time to purchase a home in the state of Louisiana! Universal Lending has paired with both the Louisiana Housing Finance Agency and the Lafayette Public Trust Financing Authority to offer free bond money assistance.
No Points.
The programs offer No points & No origination charges at below market interest rates along with a direct gift to the borrower of at least 4% of the loan amount to cover closing cost and/or down payment.
Make that dream of owning a home come true.
The programs offer a number of opportunities for low and moderate income Louisiana families to realize their dreams of owning a home. Included is a special Teacher’s Program. The programs are subject to income and purchase price limits. Please call one of our mortgage specialists to see if you qualify today!!
Example
Home Purchase Price = $175,000
4% Bond Assistance = $7,000
Closing Costs = ($3,500)
Escrows (Insurance and Taxes) = ($1,500)
Remaining Balance of Grant = *$2,000
This $2000 is used to reduce the loan amount to $173,000 thus further reducing the monthly payments.
Please call for more details or scenarios at 337-264-9990.
For Your Residential Mortgage Solutions,
Call: (337) 264-9990
Hours of Operation: 8:30 a.m.–5:00 p.m. After hour appointments available upon request.
Copyright 2009. Universal Lending Services, Inc. All Rights Reserved.