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 median home value in New Mexico is $164,700. New Mexico home values have gone up 0.3% over the past year and Zillow predicts they will rise 2.7% within the next year. The median rent price in New Mexico is $1,100. Read more. Mortgage delinquency is the first step in the foreclosure process.