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New Program Funding to be Announced Soon!

EBRMFA Borrower Qualifications

  • The East Baton Rouge Mortgage Finance Authority’s loan program is for borrowers with acceptable credit. The Authority does not provide “sub-prime loans.” Borrowers must have a credit score of at least 640.
  • The Authority's program is for 30-year fixed rate first mortgage loans.
  • Applicants can obtain FHA, VA, RHS and Conventional loans in East Baton Rouge Parish.

Maximum annual household income limits* for borrowers are:

Targeted Areas Non-targeted Areas
1-2 person household…..$77,520 1-2 person household…..$64,600
3 + person household…..$90,440 3 + person household…..$74,290
  • $311,898 is the maximum purchase price of a home that may be financed through the Authority program for targeted areas.
  • $255,190 is the maximum purchase price of a home that may be financed through the Authority program for non-targeted areas.
  • Applicant must occupy the home as his/her primary residence as long as this loan is outstanding.

* May change annually