Great news! The Purchase Advantage Powered by CAFA program now has USDA and VA options.
Eligible borrowers can now receive an assistance amount between 1% and 4% on FHA, Conventional, USDA and VA loans. The assistance may be used for down payment, closing costs or prepaids. For USDA loans, the benefit is applied towards closing cost.
To learn how you can take advantage of this program, contact a GMFS Mortgage Loan Officer today!
Learn more about Purchase Advantage Powered by CAFA.
* 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. For USDA down payment assistance, income limits are determined by their specific guidelines.