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 average home price in New Mexico is $210,800, but local differences can be significant. For example, if you want to buy a home in Albuquerque, expect to pay around $134,900 for a two-bedroom and $176,000 for a three-bedroom home.