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Community Stories

Current rates

Program
Name
Conventional
Loan Rate
Government
Loan Rate
Military Home N/A 5.375%*
First Home Targeted 6.000%* 5.375%*
First Home 6.250%* 5.625%*
Homebuyer Assistance (HBA) 6.500%* - 1st loan
1.000%* - 2nd loan
5.875%* - 1st loan
1.000%* - 2nd loan
Welcome Home++ 6.750%* 6.125%*
Welcome Home Assistance (WHA)++ 7.000%* - 1st loan
1.000%* - 2nd loan
6.375%* - 1st loan
1.000%* - 2nd loan

Last changed 02/08/2023 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.

Homebuyers & Renters

Jenna Purchased Her First Home at Age 19!

NIFA's homebuyer program helps make homeownership a reality for all ages - Jenna purchased her first home at age 19! 

Homebuying Story
"I am 19 years old and bought my first house by myself without a co-signer. I’m a preschool teacher who’s been saving up my money, and with NIFA my interest rate was low enough for me to afford the monthly mortgage payment. This is a goal I’ve been working towards for a little while, and I’m so grateful to have been able to accomplish this. My loan officer was phenomenal, and really helped me to figure out the best type of loan and helped guide me though the process. Buying a house through NIFA was a really smooth and easy process!" - Jenna C., NIFA Homebuyer