The amount guaranteed is subject to negotiation between the FDC and the lender. loan guarantees per year and target an average guarantee amount of $250,000 per transaction. â¢ Term: The maximum guarantee term is seven years, and the average term is about three years.
In New Iberia, LA the median home price is $103,400 and $40,117 is the median household income. As a result, the home price to income ratio in New Iberia, LA is 2.6x, which is 17% lower than the Louisiana average.
Depends on class of home, size of home, location of home and age. My wife and I recently went look at a home that just finished construction a few months ago in central Lafayette, LA that was about 1550 total sq ft and 1220 living. The cost for this home was $115 per square foot.But on the other hand I've seen listings for older homes going for around $80-85 sq ft in the same area.In conclusion, $115 is quite high for this area so we decided to hold off and see what the house does on the market.Hope this helps.he cost for this home was $115 per square foot. But on the other hand I've seen listings for older homes going for around $80-85 sq ft in the same area.