Inquire about the special SUNO pricing secured by the LIFT New Orleans Employer Assisted Home Ownership Program (LEHP). You may qualify for up to $20,000 in subsidy towards the purchase of your new home.
How this program works:
• 100% financing: $159,000
• Special NACA rate: 5.35%
• Subsidy amount: $20,000
• NACA interest rate after subsidy: 2.25%
• Monthly note after buydown: $837
• No minimum credit score required
LIFT New Orleans Employer Assisted Homeownership Program Path to Homeownership
Decide to become a homeowner and begin building wealth.
Call to register for the LEHP program at SUNO. (504) 299-3422
Fill out an application for the LEHP grant and authorize the LEHP to guide you through the home buying process.
Attend evaluation sessions for homebuyer education from one of the LEHP counseling partners to prepare you for a pre-qualified mortgage loan.
Apply for a mortgage from one of the LEHP lenders to get the best possible interest rate and payment terms
Visit the Frenchmen’s Hope model home to choose and customize your Frenchmen’s Hope home.
Execute a purchase agreement on your Frenchmen’s Hope home. Your home will become available in 10 – 12 weeks.
Close on the purchase of your Frenchmen’s Hope home and begin to enjoy the benefits of home ownership.