New Mortgage Rates (Increase Government Only) - Update #20-27

09/15/2020

Program Update #20-27 dated 9/15/20

NIFA is announcing new government loan only first mortgage rates for our Military Home, First Home Grant, First Home Targeted, First Home and Homebuyer Assistance (HBA) Programs.  The new government mortgage rates are effective for loan reservations processed in Lender Online on Wednesday, September 16, 2020 at 8:00 am Central Time.  NIFA rates are subject to change without prior notice.

An updated Information Sheet including rates, household income limits, purchase price limits, credit underwriting overlays and homebuyer education requirements is available here.