Program Name |
Conventional Loan Rate |
Government Loan Rate |
---|---|---|
Military Home | N/A | 5.500%* |
First Home Targeted | 6.000%* | 5.500%* |
First Home | 6.250%* | 5.750%* |
Homebuyer Assistance (HBA) | 6.500%* - 1st loan 1.000%* - 2nd loan |
6.000%* - 1st loan 1.000%* - 2nd loan |
Welcome Home++ | 7.000%* | 6.500%* |
Welcome Home Assistance (WHA)++ | 7.250%* - 1st loan 1.000%* - 2nd loan |
6.750%* - 1st loan 1.000%* - 2nd loan |
Last changed 05/16/2024 at 9:00 a.m
*This is not an advertisement for credit as defined in Reg.Z; contact a participating NIFA lender for Annual Percentage Rate (APR) information. Rates are subject to change without prior notice.
++An origination fee up to 0.50% of the loan amount may be charged by Lender.
Program Update #19-23 dated 9/12/19
NIFA is announcing changes to our internal file review process.
Beginning October 1, 2019, our reviewers will suspend review of submitted preclosing files when critical income documentation is missing to a complete file review.
Please reach out to any member of the Homeownership Team with any questions at homeownership@nifa.org, or by calling 402.434.3900.