Finance Authority of St. Tammany Parish

Why St Tammany Parish

Click here to view the many wonderful amenities our parish has to offer

Our Mission

Making dreams of homeownership come true

Our Programs

Our programs and funding are immediately available for use. Take a look at our options and details.

Our Programs

Do you need help with your down payment?

We provide you with down payment assistance options spanning from 0%-6% with a 30-year fixed rate mortgage at a competitive interest rate. The grants require no repayment. Get started now to learn what options are available for you!

GET STARTED

INTEREST RATE NOTICE

Interest Rate Notice Date: 03/31/24

Type of Loan	Rate Lock Period (to Lender)	Mortgage Rate	Borrower Assistance
FHA/VA/USDA-RHS	45 Day	0.000%	3.00
FHA/VA/USDA-RHS	45 Day	0.000%	4.00
Freddie Mac HFA Advantage OR Fannie Mae HFA Preferred	45 Day	0.000%	0.00
Freddie Mac HFA Advantage OR Fannie Mae HFA Preferred	45 Day	0.000%	3.00
Freddie Mac HFA Advantage OR Fannie Mae HFA Preferred	45 Day	0.000%	4.00
Fannie Mae Above 80% AMI	45 Day	0.000%	0.00
Fannie Mae Above 80% AMI	45 Day	0.000%	3.00
Fannie Mae Above 80% AMI	45 Day	0.000%	4.00

* Please note on the SMAP program that USDA/RD rates are subject to the USDA Daily Maximum rate limit and may not be available to lock on a given day. Please verify with you lender for availability.

Our Programs

Congratulations! Investing in a home is a significant milestone in your life and likely to be your biggest financial commitment, as well as a commitment to your future and quality of life. Taking the steps toward home ownership can be overwhelming, but we’re here to help!

How Can I Apply?

Our qualified lenders will assist you in applying for our grant. Once you find a home that meets your needs, budget, and is within our home cost limits, it’s time to apply for your loan. You will need to select a lender from our Qualified Lenders page and complete an application.

Become A Lender

Thank you for your interest in partnering with FASTP to bring homeownership to our community. We are excited to provide a unique opportunity for your borrowers and look forward to collaborating to close affordable home loans with you while mitigating risk.