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.
34.5%. The median home value in New Orleans is 33.5% greater than the Louisiana average and 1.3% greater than the National average. The median rental rates in New Orleans is 21% greater than the Louisiana average and 3.7% greater than the National average.4.5%. The median home value in New Orleans is 33.5% greater than the Louisiana average and 1.3% greater than the National average. The median rental rates in New Orleans is 21% greater than the Louisiana average and 3.7% greater than the National average.