Yes! . . . And it’s called a ‘Soft Second’
A ‘soft second’ is money provided only to first time homebuyers. The program will provide up to 20% for a down payment (limited to $30,000 and a $200,000 home price ) –
….plus another $5,000 for closing costs ! !
What exactly is a ‘soft second’?
This is a term used to denote a type of second mortgage on the home to that is used to temporarily cover the funds advanced. This second mortgage is gradually ‘forgiven’ based on the length of years the buyer lives in the home …..and it totally disappears after a buyer has been in his home five years.
Sounds super wonderful, doesn’t it!!!
The primary criteria to qualify for this program is based on
credit score and income.
St Tammany is telling us they have just enough funds for 71 loans. Once those funds are gone, it’s all over.
So if you are a first time homebuyer with good credit, call me immediately. We need to hurry. The home of your dreams is waiting for you!

30.435742
-89.925323
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About Joyce Albert
Why you need a Real Estate Consultant, not just another Agent…
The difference between a real estate agent and a real estate consultant is the difference between someone who just wants to make a sale, and a professional who is willing to share with you their in-depth knowledge of the market in order to help you navigate one of the largest financial decisions of your lifetime.
In my career as a real estate consultant, putting my clients first is the hallmark of my success. So if you are looking for a true professional to help you buy or sell a home in the Greater New Orleans Area, please contact me. I look forward to woing with you.
Certified 203k Specialist
I am a certified FHA-203k Specialist - a program designed to assist buyers wanting to purchase distressed properties (hurricane damaged, repos, short sales) that require repairs or major rehab.
Accredidations -
Accredited Buyer Representative (ABR)
e-Certified
Short-Sale & Foreclosure Certified (SFR)
Other Memberhips. . .
Louisiana Association of Realtors
New Orleans Metropolitan Assn of Realtors (NOMAR)
Gulf South Real Estate Information Network
National Assn of Realtors (NAR) of Realtors (NAR)
Real Estate Board of Accredited Buyer Consultants (REBAC)
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