New Orleans Soft Second Mortgage Program

City of New Orleans Community Development

Available Down Payment

About This Program

New Orleans Soft Second Mortgage Program is available in Carrollton, LA.

Provides a forgivable second mortgage to help low- and moderate-income homebuyers bridge the gap between the first mortgage and purchase price. Forgiven after 10 years of owner-occupancy in New Orleans, including Carrollton.

Second mortgage loan forgiven after 10 years of owner-occupancy

Official source site checked live on 2026-06-22.

Data last verified 2026-06-09. How we verify our data.

In Carrollton, LA, you can combine this program with other local help to cut your cost:

Key Details

  • Up to $40,000 forgivable second mortgage
  • Income at or below 80% AMI
  • Forgiven after 10 years of occupancy
  • Covers gap between first mortgage and price
  • Available for Carrollton home purchases

How to Apply

A grant-savvy contractor in Carrollton, LA can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Ongoing while funds available

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can New Orleans Soft Second Mortgage Program provide in Carrollton, LA?

Up to $40,000 forgivable second mortgage.

How do I apply for New Orleans Soft Second Mortgage Program in Carrollton, LA?

Apply directly with City of New Orleans Community Development using the official program link on this page or call (504) 658-4000. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Carrollton, LA

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

See All Programs