Shannon Sims, The Exclusive Buyer's Agent in Baton RougeThis is great news if you are a certified teacher in the state of Louisiana, you may qualify for a special set aside of bond loans designed especially for teachers!

The program highlights are as follows:

Interest Rate:  6.25% for 30 years

Loan Types: Conventional,FHA,VA or RD

                                 3 or more: $78,680    

Sales Price Limit:   $289,704

Misc Info:  This loan will give the buyer assistance equal to 4% of the sales price.  This assistance can be used towards downpayment, closing cost and prepaid items.  You DO NOT have to be a first time homebuyer!!!

 The Bond Authority has only issues $4,000,000 for the entire state of Louisiana.  THESE FUNDS WILL GO VERY VERY QUICKLY!!!  If you or anyone you know may qualify for this program please call me Shannon Sims, The Exclusive Buyer's Agent in Baton Rouge at (225)767-1999 or you can email me at shannon@judyburkett.com.

          Teacher Set-Aside:  $4,000,000 of principal proceeds of the Series 2007C Bonds available to fund Assisted Program Loans will be set aside for qualified borrowers.   To qualify for this special Program, the borrower must be an active, regular employee of a parish, city, or private school board, holding a Louisiana teacher's certificate and whose employment requires such a certificate.  Funds will be set aside for 45 days to fund Teacher Assisted Loans.

HURRY HURRY!!!!