Unlock Your Homeownership Dreams with the Lafayette FTHB Down Payment and Closing Cost Assistance Program

Are you a first-time homebuyer in Lafayette, Louisiana, dreaming of owning your own home but struggling with the upfront costs? The Lafayette FTHB Down Payment and Closing Cost Assistance Program is here to help you turn your homeownership dreams into reality.

What is the Lafayette FTHB Program?

The Lafayette First-Time Homebuyer (FTHB) Down Payment and Closing Cost Assistance Program is designed to support eligible first-time homebuyers in Lafayette, LA, by providing financial assistance for down payments and closing costs. The program offers up to $11,000 in assistance, making homeownership more accessible and affordable for qualified individuals and families.

Key Benefits of the Program

• Substantial Financial Assistance: Receive up to $11,000 to cover your down payment and closing costs, significantly reducing the upfront financial burden.

• Enhanced Affordability: With this assistance, your out-of-pocket expenses are minimized, making homeownership a more attainable goal.

• Support for First-Time Homebuyers: The program is specifically tailored for first-time buyers, providing the support needed to navigate the home buying process.

Eligibility Requirements

To qualify for the Lafayette FTHB Down Payment and Closing Cost Assistance Program, applicants must meet the following criteria:

• First-Time Homebuyer: Must be purchasing a home for the first time or not have owned a home in the last three years.

• Income Requirements: Applicants must meet specific income guidelines, ensuring the program assists those who need it most.

• Homebuyer Education: Completion of a homebuyer education course is required to prepare applicants for successful homeownership.

• Property Requirements: The purchased property must be within the Lafayette city limits and serve as the applicant’s primary residence.

How to Apply

Applying for the Lafayette FTHB Down Payment and Closing Cost Assistance Program is straightforward. Follow these steps to get started:

1. Check Eligibility: Review the eligibility criteria to ensure you qualify for the program.

2. Complete Homebuyer Education: Enroll in and complete a homebuyer education course to equip yourself with the knowledge needed for successful homeownership.

3. Gather Documentation: Prepare necessary documents, including proof of income, employment, and residency.

4. Submit Application: Apply through the official website or contact the program administrators for assistance with your application.

For more information and to apply, visit the Lafayette Community Services First-Time Homebuyer page.

Contact Information

For any questions or additional support, reach out to us at:

• Phone: 602-628-1231

• Email: info@allapprovedhere.com

The Lafayette FTHB Down Payment and Closing Cost Assistance Program is your gateway to affordable home