New Mortgage Rates (Decrease) - Update #20-31

11/17/2020

Program Update #20-31 dated 11/17/20

NIFA is announcing new first mortgage rates for our Military Home, First Home Grant, First Home Targeted, First Home and Homebuyer Assistance (HBA) Programs.  The new mortgage rates are effective for loan reservations processed in Lender Online on Wednesday, November 18, 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 by clicking here.