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.
The ACS 1-year data shows the median family income for New Orleans was $58,482 in 2013. Compared to the median Louisiana family income, New Orleans median family income is $2,611 higher. As with the median household income data, 2014 family income data for New Orleans will be released in September of 2015.he Census ACS 1-year survey reports that the median household income for the New Orleans-Metairie-Kenner Louisiana metro area was $45,981 in 2013, the latest figures available.