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Welcome Home -
Homebuyer Programs

Current rates

Loan Rate
Loan Rate
Military Home N/A 5.375%*
First Home Targeted 5.875%* 5.375%*
First Home 6.125%* 5.625%*
Homebuyer Assistance (HBA) 6.375%* - 1st loan
1.000%* - 2nd loan
5.875%* - 1st loan
1.000%* - 2nd loan
Welcome Home++ 6.875%* 6.375%*
Welcome Home Assistance (WHA)++ 7.125%* - 1st loan
1.000%* - 2nd loan
6.625%* - 1st loan
1.000%* - 2nd loan

Last changed 07/23/2024 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.

Welcome Home

Program designed for first-time homebuyers and repeat homebuyers.  Income limits and purchase limits apply.

Welcome Home Assistance

Program designed for first-time homebuyers and repeat homebuyers who need down payment and closing cost assistance. Income limits and purchase limits apply.

Participating Lenders

A list of Participating Lenders for the Welcome Home Program can be found here.

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Welcome Home homebuyer


First-time and repeat homebuyers are eligible for the NIFA Welcome Home Program. NIFA is committed to helping homebuyers get into their new home with affordable lending options. Check out the Income and Purchases Price Limit information below. 

If you are a "First-Time Homebuyer," Homebuyer Education will be required prior to closing.
First-Time Homebuyers
include those who have not owned and occupied a home as their primary residence within the past three years. If this is you, please explore our list of homebuyer education courses. A Homebuyer education course is not required for all other borrowers.


NIFA Household Income Limit is $174,000 effective 6/14/2024. One of our Participating Lender partners will determine your household income.


NIFA's purchase price limit is $470,000 for one unit and $601,000 for two units, effective 6/14/2024. 
You must occupy the home as your primary residence within 60 days of the loan closing. 

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Credit underwriting guidelines

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First-Time homebuyer education