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Amazing loan program in Da Parish

Posted on 10/28/14 at 8:57 am
Posted by whichyalnoaboutseven
Metairie
Member since Dec 2009
2022 posts
Posted on 10/28/14 at 8:57 am
first time home buyers can get a soft second mortgage for 25% of the purchase price of a house (max $40,000) and if you live in the house for 5 years the mortgage is forgiven. none interest bearing and you can get a grant for up to $5000 in closing costs.
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
57230 posts
Posted on 10/28/14 at 9:00 am to
What parish is Da Parish?
Posted by wickowick
Head of Island
Member since Dec 2006
45792 posts
Posted on 10/28/14 at 9:02 am to
Where is the funding coming from for this program?
Posted by GeauxTigersGo
Member since Dec 2009
1810 posts
Posted on 10/28/14 at 9:03 am to
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120158 posts
Posted on 10/28/14 at 9:05 am to
The American taxpayer.

More shitty loans.

We learned nothing from 2008.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37004 posts
Posted on 10/28/14 at 10:30 am to
Can anyone on the OT qualify for this? You have to have household income less than 120 percent of the median income of the area. Median income is $58,800, so you have to make less than $64,680. Plus, at least one of the spouses cannot have owned a house in the last three years.
Posted by Black n Gold
Member since Feb 2009
15407 posts
Posted on 10/28/14 at 10:31 am to
quote:

What parish is Da Parish?


Seriously???
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
57230 posts
Posted on 10/28/14 at 11:29 am to

quote:

Seriously???


Yeah. Seriously. I'm not up on gay lingo.
Posted by Louie T
htx
Member since Dec 2006
36300 posts
Posted on 10/28/14 at 11:34 am to
St Bernard
Posted by tigerstripedjacket
This side of the wall
Member since Sep 2011
2999 posts
Posted on 10/28/14 at 11:36 am to
Posted by Rouge
Floston Paradise
Member since Oct 2004
136793 posts
Posted on 10/28/14 at 11:37 am to
quote:

St Bernard
where life is hard hard hard
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 10/28/14 at 11:37 am to
quote:

The American taxpayer.

More shitty loans.

We learned nothing from 2008


Cosmo gets it.
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