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You are here: Home / Blog / Featured Blog Posts / No Down Payment Financing in Slidell, Mandeville, and Covington – All of St Tammany Parish Now Eligible!

No Down Payment Financing in Slidell, Mandeville, and Covington – All of St Tammany Parish Now Eligible!

October 31, 2014 by John Sibley

No Down Payment Financing in Slidell, Mandeville, and Covington

  • No down payment – 100% financing in St Tammany
  • No penalty for pre-payment
  • Maximum income limits apply
  • All of St Tammany Parish is now eligible
  • Less up front cash required vs. FHA loans
  • 640 Minimum Credit Score

This is a great loan option for Buyers looking to purchase a home. Why continue renting when you can own a home for less than your monthly rent payment?

No Down Payment Financing in Slidell, Mandeville, Covington, Madisonville, Pearl River, Abita Springs, and Lacombe

Rural Development Financing is a mortgage program that allows buyers to purchase a home with no down payment. All areas of Slidell, Mandeville, and Covington are now eligible for no down payment financing.

Recent changes to the Rural Development Mortgage Loan Financing Program have expanded the areas eligible for 100% financing.  No down payment financing in Slidell, Mandeville, and Covington is now available.  Certain areas of these communities were previously ineligible.  At this time all communities in St Tammany Parish are eligible for no down payment financing through the Rural Development Program. Eligible areas include all of Slidell, Pearl River, Lacombe, Madisonville, Abita Springs, Covington, and Mandeville.

Find out if a particular property will qualify for no down payment financing. Complete our pre-approval request form at the bottom of this page.

Do you still have questions about the Rural Development Mortgage Loan Program?  Click here for more information on Rural Development and other Mortgage Loan Programs.

Get Pre-Approved

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Filed Under: Featured Blog Posts, Mortgage Financing

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WHAT OTHERS ARE SAYING

John Sibley came highly recommended by a neighbor and he sold our house not only once but twice! A pipe burst upstairs and flooded the house and the first sale was cancelled. We were out of town and John and his staff handled everything from informing us of the problem to working with the adjusters giving them access to the house. When we got back in town just three days later, the damage was already cleaned up and we were ready to begin the repairs!

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Marilyn, Slidell, LA
 

We were very happy with the service provided. As first time home buyers, we were initially anxious, however, John and the rest of the group helped us understand the home buying process and what to expect. They made sure we were well prepared by the closing and that our interests were top priority.

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Jimmy, New Orleans, LA
 

John was great to work with. He provided good sound advice relative to marketing our home. He kept me informed through every step of the process from the initial listing to the closing. It was a great experience and I recommend the Sibley Group to anyone interested in purchasing or selling real estate property.

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Richard, Madisonville, LA
 

John Sibley and Lana Sibley Leonard were very instrumental in marketing my home both personably and professionally. Their drive and incentive made it possible for my home to sell in a quick, timely manner.

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Christina, Slidell, LA
 

Everyone throughout the process was extremely helpful. Dianna spent a lot of time, including late hours helping us find the right house.

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Chris, Slidell, LA
 

John & company were always negotiating on my behalf and won the battle such as letting me have an Estate Sale w/o charging me rent for one week and then the new owner moved in. The Sibley Realty Group was always professional in every way.

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Anonymous, Slidell, LA
 

Sibley's group is the best we've used.

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Cathy & Will, Slidell, LA
 

John and the Sibley Realty Group had a great command of the market prices and an excellent marketing strategy to get new groups of people to look at our property. By using new technology to market to different buyers and target new groups of potential buyers the Sibley Realty Group met our goal of selling within 3 months. The entire office helped make the transition smooth and Lauren is very helpful making sure everyone is on the same page as you go through the closing process. It is good t(...)

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Kevin, New Orleans, LA
 

Sibley Group delivered as promised.

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Stan, New Orleans, LA
 

We are extremely grateful to have found Sibley Realty group. Initially I had called other realtors who were not so responsive since we did not live in the area. Jordan contacted me back right away and made us feel at ease with our first home purchase. We lived 7 hours away from where we were buying and Jordan was very accomendating to our schedule of only being able to make it down on the weekends. The whole office are a bunch of true professionals that we owe more gratitiude to then we can(...)

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Troy, Slidell, LA
 

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About Us

The Sibley Group has a team of Realtors to meet all of your real estate needs throughout the New Orleans Metropolitan area. We have agents that specialize on the Northshore and Southshore, including New Orleans, Slidell, Metairie, Covington, Mandeville, Pearl River, and Lacombe.


Trust a real estate team with a long-standing tradition of service, expertise, and professionalism in the local area.


John Sibley reviews
The Sibley Group
Keller Williams Realty 455-0100

3197 Richland Ave, Metairie, LA 70002

Northshore: 985.326.9755
Southshore: 504.571.9755
Broker: 504.455.0100

From Our Blog

Experts Forecast a Turnaround in the Housing Market in 2023

The housing market has gone through a lot of change recently, and much of that was a result of how … [Read More]

Should You Rent Your House or Sell It?

If you’re a homeowner ready to make a move, you may be thinking about using your current house as a … [Read More]

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