GMFS is pleased to re-introduce the Conventional Purchase Advantage Program with the Capital Area Finance Authority (CAFA). Borrowers can receive an assistance amount between 1% and 4% on FHA, Conventional Loans, USDA and VA Loans. The assistance may be used for down payment, closing costs or prepaids. For USDA loans, the assistance is applied toward closing costs.


  • 1% – 4% Down Payment Assistance
  • More Parishes added – expanded to 58 parishes
  • Available for Purchase or Refinance
  • Lower MI Cost on Conventional
  • Freddie LPA Only

Eligible Louisiana Parishes

Acadia, Allen, Ascension, Assumption, Avoyelles, Beauregard, Bienville, Bossier, Caddo, Calcasieu, Caldwell, Cameron, Catahoula, Claiborne, Concordia, DeSoto, East Baton Rouge, East Carroll, East Feliciana, Evangeline, Franklin, Grant, Iberia, Iberville, Jackson, Jefferson, Jefferson Davis, Lafayette, Lafourche, Lincoln, Livingston, Madison, Morehouse, Natchitoches, Ouachita, Point Coupee, Rapides, Red River, Richland, Sabine, St. Bernard, St. Helena, St. James, St. John, St. Landry, St. Martin, St. Mary, St. Tammany, Tangipahoa, Tensas, Terrebonne, Union Parish, Vermillion, Vernon, Washington, Webster, West Baton Rouge, West Carroll, Winn

* The percent of down payment assistance offered is dependent on the interest rate selected by the borrower. Approved parishes and income limits are established by CAFA and subject to change. If you add USDA DPA, you will have to follow their guidelines: meet their income limits.


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