LA CAFA Home Loan Grant

CAFA's Mortgage Origination Program will provide a competitive 30-year fixed rate mortgage with a non-repayable homebuyers grant of up to 4% of the original mortgage amount to qualifying low and moderate income homebuyer families in the Capital Area Parishes.  In simpler terms: get financial assistance to help aid the purchase of a new home...without having to pay it back!

  • Finance up to 96.5% loan to value; FHA limits as applicable
  • Grant amount up to 4% and Lender credit of .25%
  • Income limits of $76,350.00 for the Capital Area Parishes
  • 30 year terms available
  • Fixed low rates
  • Local decision making process
  • Quick loan approvals

At Essential, we're invested in you.  This is why we offer a home loan that monetarily gives back to our members. 

Apply Now, get pre-approved, check rates or call us at 888.369.2207phone icon.

Mortgage Loan FAQ

Please note: A Credit Report fee will be assessed to all applications. This fee will be deducted from the total costs of your loan, if approved.
*Normal credit restrictions apply. Other restrictions may apply, please see a Essential FCU Representative for details.